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AI Stocks Fall as Oil Soars | Tulsa News
Asian markets plunged as South Korea’s Kospi tumbled nearly 5% amid a sell-off in AI stocks, while oil prices rocketed past $90 a barrel fueled by escalating U.S.-Iran tensions threatening the Strait of Hormuz. Investors are fleeing AI equities amid fears of a bubble, as China’s new AI models intensify global competition. Tech giants like Samsung, SK Hynix, and even TSMC saw declines, and Wall Street followed suit with major indices and Nvidia falling. The volatile mix of geopolitical risk and tech market correction leaves global markets on edge. Listen in comfort:Get a discount on a Soli…
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