Meta's AI Spending Warning Hits Wall Street

This is the Fear and Greed Afternoon Report - everything you need to know about what happened in the markets, economy and world of business today, in just a few minutes.

1. ASX flat
   
2. ANZ flags $1.1 billion profit hit
   
3. Liberals soften stance on net zero
   
4. ResMed expands US manufacturing
   
5. Prince Andrew stripped of royal titles
   
   

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