AI slowdown is starting to hit Australian markets — How bad could it get?

Filip Tortevski notes market slowdown hinting at cracks in AI impact on materials stocks and investor sentiment in Australia

Little cracks are beginning to emerge across the market as a slowdown in AI weighs on materials stocks and broader investor sentiment, according to Filip Tortevski from Wealth Within.

Tortevski says Australia’s market has been moving sideways, with financial stocks also coming under pressure as investors reassess recent gains.

However, he rejects the idea that the market is already in “full crash mode”, describing the current weakness as a pullback following previous rises.

His comments highlight growing caution among investors as weakness in AI and materials stocks feeds into broader market sentiment.