SBS News In Depth
Tech sell-off rocks Asia as investors contemplate outlook artwork

Tech sell-off rocks Asia as investors contemplate outlook

SBS News In Depth
08:48
Play episode

Show notes

The Australian sharemarket finished higher despite a volatile session and a global technology sell-off that triggered a second circuit breaker in South Korea this week. Apple price hikes and concerns over AI valuations weighed on tech stocks, while gold miners found support and the ASX closed the week down 0.9 per cent. Ricardo Gonçalves speaks with Tom Wickenden from Betashares about what drove today's market moves and what investors should watch next.

More from this show

More
  1. Investors react to the Fed's Warsh on inflation commentary

    SBS Finance Editor Ricardo Gonçalves speaks with Piers Bolger from Infinity Asset Management about the day's market action including how investors reacted to Kevin Warsh's speech a…

    09:25
  2. 'Easily ripped off': Why fashion dupes are on the rise

    Knockoffs aren't anything new in the fashion industry, but experts say the rise of online shopping has made it easier to find duplicated designs. Business owners and fashion law ex…

    05:55
  3. Your risk of Motor Neurone Disease where you live: "Australians would be shocked".

    Which disease has an annual death rate that is two thirds of the nation's road toll - and is getting worse? The same condition has numerous, hugely famous patients and patrons at h…

    06:08
  4. The search for survivors in Nepal continues as new threats emerge

    More than 800 people have been killed, and over 3000 missing in Nepal after devastating floods swept the region last week. With 43 Australians still unaccounted for, experts say th…

    06:59
  5. Pacific Islands Forum in Palau to get underway with a number of leaders absent

    Prime Minister Anthony Albanese is among the leaders attending the Pacific Islands Forum meeting Leaders Meeting in Palau.

    01:36
  6. Teachers treated with 'contempt': how the manosphere is changing school students’ behaviour

    Teachers are frequently being targeted by misogyny, sexism and gendered violence at school, according to new research from Monash University. Most of those surveyed said so-called…

    05:00
Now Playing
Tech sell-off rocks Asia as investors contemplate outlook — SBS News In Depth | Josplay Music