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Oil, AI, and Market Volatility | Wilmington News
Global markets roiled this week as U.S. airstrikes on Iran triggered a Middle East escalation, sending oil prices surging five percent before cooling—undoing recent gains from a fragile truce and reopened Strait of Hormuz shipping. While Europe’s major indices edged up, Asian markets like Seoul’s Kospi tumbled. Meanwhile, AI-fueled tech stocks soared, led by SK Hynix’s blockbuster IPO, but investors brace for valuation risks amid looming supply gluts. The real test? Upcoming U.S. bank earnings—will profits hold up against high yields and looming rate hikes? Listen in comfort:Get a discount on…
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