Skeptical investors sell off tech stocks as NASDAQ nosedives | ABC NEWS
Roger Montgomery says a number of tech companies have been overvalued and it's led to an oversupply of data centres.
The tech-heavy NASDAQ dived overnight, with investor Roger Montgomery saying the market is reappraising companies exposed to the AI boom.
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Read more here: https://www.abc.net.au/news/2026-11-06/asx-markets-business-live-news/107353758
Note: In most cases, our captions are auto-generated.
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The tech-heavy NASDAQ dived overnight, with investor Roger Montgomery saying the market is reappraising companies exposed to the AI boom.
Subscribe: http://ab.co/1svxLVE
Read more here: https://www.abc.net.au/news/2026-11-06/asx-markets-business-live-news/107353758
Note: In most cases, our captions are auto-generated.
#ABCNEWS #ABCNEWSAustralia
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