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Oil Surge Crashes Tech Stocks | Anchorage News

Oil Surge Crashes Tech Stocks | Anchorage News

Published 1 week, 5 days ago
Description

Oil prices surge to a five-month high as Middle East tensions disrupt shipping, fueling inflation fears and forcing the Fed to reconsider rate hikes, while tech giants like Tesla and Alphabet see stocks tumble amid rising costs and AI spending, dragging down the U.S. market and pushing gas prices past $4 a gallon.

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