Stocks Slide as Middle East Tensions Push Oil Higher
Technology shares are leading losses, with Nvidia, Intel and CoreWeave among the decliners, according to the report.
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Stocks Slide on AI Concerns & Oil Rallies - Europe Market Wrap
Stocks fell globally as disappointing tech earnings fuelled doubts over whether heavy AI investment can deliver sufficient returns, while escalating Middle East tensions pushed oil prices higher. Nasdaq 100 futures dropped 1.7%, threatening to erase much of the index’s 2.2% weekly gain, while S&P 500 futures fell 1%. L
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Trump floats renaming the Strait of Hormuz to “Trump Strait”
President Donald Trump floated renaming the Strait of Hormuz to “Trump Strait” in a Truth Social post as regional tensions rose. A report also tied Strait of Hormuz disruptions to higher realized oil prices for OXY and COP.
Asian stocks slide as US-Iran tensions lift oil and bond yields
Asian markets fell at the start of the session, with a bond-market-driven risk selloff spilling into the region after renewed U.S. attacks on Iran pushed oil higher.
CoreWeave falls as Treasury yields rise and risk appetite fades
CoreWeave Inc. shares are falling Tuesday as higher Treasury yields and renewed Middle East tensions trigger a broader sell-off in growth and AI-related stocks.