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Stocks Fall as Tech Selloff Extends, Oil Near $100: Markets Wrap

(Bloomberg) -- Stocks and bonds fell as doubts over returns from billions of dollars spent on artificial intelligence coincided with a surge in oil prices that rekindled inflation concerns.

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Stocks Fall as Tech Selloff Extends, Oil Near $100: Markets Wrap

Tech stocks dive (Alphabet -7.1%, Tesla -15%) as $725B AI capex questioned; oil surges to $100/bbl (+38% month), Middle East reigniting inflation. Fed set September hike: AI spending and enterprise capex valuations pressured through 2027.

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economictimes.indiatimes.com7 h fa

Global Market Today: Asian stocks fall on tech selloff, oil trades above $100

Asian stocks fell 0.8%, Nasdaq 1.9% as investors questioned whether $725B in megacap AI capex will deliver returns. Market's 'sell the news' pattern signals IT leaders now face scrutiny on AI capex ROI—shifting from hype to earnings proof.

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Stocks Fall as Tech Selloff Extends, Oil Near $100: Markets Wrap

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Stocks Fall as Tech Selloff Extends, Oil Near $100: Markets Wrap

Global Market Today: Asian stocks fall on tech selloff, oil trades above $100

Timeline cronologica

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Stocks Fall as Tech Selloff Extends, Oil Near $100: Markets Wrap

Stock Slide Extends on AI Jitters, Oil Near $100: Markets Wrap