The Australian share market ended Friday slightly higher after strong early gains faded heading into the weekend. Investor caution persisted as the ASX 200 approached key resistance levels, though weekly gains recovered recent losses. US tech earnings dominated sentiment, with Microsoft's results signalling AI profitability, while locally, 4D Medical surged on growth metrics. Reporting season begins Monday, with major corporate updates expected throughout August.

Steve Daghlian and Laura Besarati are Market Analysts at CommSec. Each episode, they break down the day's market movements and explain what the numbers really mean.

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