FinanceFast Company Techabout 2 hours ago
AI Stocks Plunge as Oil Prices Surge
5 min read
Global stock markets fell Thursday as AI stocks dropped sharply while oil prices jumped to $113.17 per barrel. Nvidia shares tumbled 4.4%, dragging the S&P 500 down 1.2% to 7,663.43. The Nasdaq composite tumbled 2.6% to 26,008.86, while US yields fell to 4.97%. Lam Research stock tumbled 11.8% despite profit gains, and Meta Platforms lost 7% after reporting stronger revenue.
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