SMH.com.au·4 min read·medium
Wall Street hit by AI slump as China’s Moonshot shakes markets
S
Staff reporters
✦AI Summary
The Australian sharemarket saw a slight decline as tech stocks slumped and energy stocks rose due to Middle East tensions. Global concerns over AI-related tech valuations and rising oil prices are driving market volatility.
— 10:43am , first published July 20, 2026 — 5:22am
businesseconomytechnology
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