‘No airbag’ for ASX tech stocks after another brutal month of losses

It has been another brutal month for investors in Australian technology stocks; about $7 billion was erased from the sector in March as the Middle East conflict and the threat of higher interest rates compounded fears of disruption from artificial intelligence.

A second interest rate rise in as many months from the Reserve Bank of Australia mid-March also did not help market sentiment, nor did surging inflation expectations as the conflict pushed up the oil price more than 50 per cent in just four weeks.

Source: https://www.afr.com/markets/equity-markets/no-airbag-for-asx-tech-stocks-after-another-brutal-month-of-losses-20260331-p5zk5d