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AI Sell-Off and Oil Surge Shake Markets | Lubbock News
Published 3 weeks, 3 days ago
Description
Asian markets plunged as South Korea’s Kospi tumbled nearly 5%, driven by AI stock sell-offs amid fears of a bubble, while oil surged past $90 a barrel due to rising U.S.-Iran tensions threatening key shipping routes. Wall Street also ended the week in the red, with major indices and tech giants like Nvidia and AMD under pressure, as geopolitical and tech-driven volatility continues to shake investor confidence.
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