{
  "id": 17671438,
  "title": "Live: Wall Street sinks on AI fears, ASX on edge ahead of RBA meeting",
  "url": "https://urgent.news/2026/11/01/live-wall-street-sinks-on-ai-fears-asx-on-edge-ahead-of-rba-meeting",
  "topic": "ai",
  "section": "AI",
  "published": "2026-11-01T20:01:08.000Z",
  "source": {
    "name": "ABC News AU",
    "slug": "abc-news-au",
    "url": "https://www.abc.net.au/news/2026-11-02/asx-markets-business-live-news-nov-2/107334212"
  },
  "original_language": "en",
  "account": "Wall Street suffered a decline on Friday due to fears surrounding AI-related stocks, while the Australian Securities Exchange (ASX) remained cautious with a flat opening ahead of the Reserve Bank of Australia (RBA) meeting and bank results. The ASX is expected to stay level, with a focus on Wednesday's dwelling approvals and ABS Household Spending Indicator, as well as Thursday's trade balance. The RBA rate decision, set to occur on Tuesday, is the major event of the week, with economists predicting a 25 basis points (bps) increase in the cash rate to 4.85%. The broader impact of the tech sector's troubles and a significant crypto exchange heist have also contributed to the market's turbulence.",
  "summary": "The ASX is poised for a flat opening despite a big sell-off on Wall Street amid mounting concerns about AI investments. Follow the day's events and insights from our business reporters on the ABC News live markets blog.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 6,
    "also_reported_by": [
      {
        "outlet": "Techmeme",
        "title": "S-1: Anthropic says it heavily depends on TSMC chips made in Taiwan and warns of risks from \"potential disruption\" amid geopolitical tensions with China (Joseph C. Sternberg/Wall Street Journal)",
        "url": "https://urgent.news/2026/10/30/s-1-anthropic-says-it-heavily-depends-on-tsmc-chips-made-in-taiwan",
        "published": "2026-10-30T03:10:00.000Z"
      },
      {
        "outlet": "NPR",
        "title": "The two most interesting risks to Anthropic",
        "url": "https://urgent.news/2026/10/30/the-two-most-interesting-risks-to-anthropic",
        "published": "2026-10-30T11:00:00.000Z"
      },
      {
        "outlet": "Fortune",
        "title": "Anthropic’s IPO filing spends 69,800 words on AI’s risks to investors and says little about the risks to the rest of us",
        "url": "https://urgent.news/2026/10/30/anthropics-ipo-filing-spends-69-800-words-on-ais-risks-to-investors",
        "published": "2026-10-30T14:27:58.000Z"
      },
      {
        "outlet": "SiliconANGLE",
        "title": "As Anthropic finally files for IPO, rising risks aren’t slowing the AI buildout – yet",
        "url": "https://urgent.news/2026/10/30/as-anthropic-finally-files-for-ipo-rising-risks-arent-slowing-the-ai",
        "published": "2026-10-30T15:30:08.000Z"
      },
      {
        "outlet": "The Economic Times",
        "title": "Wall Street's AI party hits a brutal reality check",
        "url": "https://urgent.news/2026/10/31/wall-streets-ai-party-hits-a-brutal-reality-check",
        "published": "2026-10-31T00:50:12.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}