ASX falls sharply as US tech stocks plunge on predictions of AI pullback — as it happened

ABC News Australia · Yiying Li; Liana Walker; Daniel Ziffer; David Chau; Katie Silver; Joshua Boscaini; Alison Branley ·

The Australian share market falls sharply as investors shy away from the tech bros after an overseas sell-off overnight.

The Australian share market has fallen today after a bumper day yesterday.

Overnight, shares fell on Wall Street as investors sold off tech giants amid fears of regulation.

Meanwhile, Qantas has flagged fare rises and flight cuts due to increasing fuel costs.

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