SMH
·australia
·1 hour ago
Tech stocks plummet as Nasdaq sinks 2.1 percent in worst week since
Wall Street's technology stocks plummeted Friday, with the S&P 500 falling 1.1 percent and the Nasdaq sinking 2.1 percent in its worst week since June. Chip companies led declines, with Advanced Micro Devices dropping 6 percent and Intel falling 5.8 percent amid concerns about AI investment financing.
Newer
Next
Loving doing this? 🎉
Take it further — get the full app and never miss a moment of what's happening in Australia.
Breaking news alerts
Instant lock-screen notifications the moment big stories break across Australia.
Australian news & events
Politics, sport, weather, local events — all in one swipeable feed, updated around the clock.
Stay ahead of the news cycle
30-second summaries so you're always informed, even on your busiest days.
Get Ozbrief free
Breaking alerts & swipe feed
Loading article…
This publisher's site can't be shown here due to their security settings.
Open full article →No source link available for this article.
✨
Ask AI
Published 18 Oct 2026, 18:26 UTC · Updated 18 Oct 2026, 18:30 UTC
Summary by OZbrief Editorial. Original report: SMH. Editorial policy · Corrections
Trending
- Coroner suspends Marilyn Wallman inquest after new witness emerges in 1972 case
- Exclusive Brethren leaders admit meeting Trump and far-right agitators in inquiry
- UAE resumes Yemen payments as Gulf allies unite against Houthi advances
- Zerra DC proposes $32 billion data centre complex in Queensland with 1,500
- Jack Viney ends 14-year Melbourne career, joins West Coast as captain
- Chris Woakes slams England teammates' behaviour as unacceptable in new autobiography