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Oil prices gain and Asian shares are mostly lower as investors sell AI stocks
Oil prices have gained and Asian shares are mostly lower. South Korea's Kospi extended its losses after falling more than 16% over the past two days as investors dumped shares of companies linked to the boom in artificial intelligence.
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swissinfo.ch
Asian Stocks Fall on AI Jitters, Oil Extends Drop: Markets Wrap
(Bloomberg) -- Asian equities dropped as renewed concerns over artificial-intelligence spending fueled another selloff in chipmakers. Crude oil extended its decline.
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Asian Stocks Extend Losses on AI Woes, Oil Gains: Markets Wrap
(Bloomberg) -- Asian stocks dropped as investors rotated out of chip shares amid growing skepticism over returns on massive artificial intelligence spending. Oil climbed and…
