Afternoon Report | ASX slides as Wall St smashed

This is the Fear & Greed Afternoon Report - everything you need to know right now.

Today, Wall Street suffers its worst sell-off since Donald Trump's Liberation Day tariffs, with trillions of dollars wiped from US sharemarkets amid fears of tougher regulation of artificial intelligence. Michael Thompson looks at what's behind the tech rout, and how the Australian sharemarket managed to avoid the worst of the global sell-off.

Plus, Asian markets plunge, NextDC bucks the trend on the ASX, and Qantas warns of higher airfares and flight cuts as fuel costs soar.

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