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via finance.yahoo.comMarkets

Asian stocks slide as AI jitters hit Korean chipmakers

FROM THE WIRE · FINANCE.YAHOO.COM

Investing.com -- Asian stocks fell on Thursday as mixed earnings from major U.S. technology companies failed to reassure investors about the returns on massive artificial intelligence investments, renewing pressure on semiconductor shares and Chinese equities. Still guessing…

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MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: expected bearishLower Nasdaq futures and Brent above $110 weigh on market sentiment.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
  1. 01Nasdaq 100 futures fell 1.2% while S&P 500 futures dropped 0.6%.
  2. 02Lam Research fell 7.4% after a weaker-than-expected earnings forecast.
  3. 03Brent rose 1.5% above $110 a barrel after deadly attacks in Saudi Arabia.
NEWS IMPACT AND MARKET REACTIONChange since the story · reference
Lam Research CorporationLRCXStock260.81 USDMarket closedtoday -1.00%Negative Tesla, Inc.TSLAStock386.47 USDMarket closedtoday +3.41%Negative Meta Platforms, Inc.METAStock697.52 USDMarket closedtoday +0.47%Positive NASDAQ 100INDEX:NDXIndex29,822.52Market closedtoday +1.13%Negative S&P 500INDEX:SP500Index7,757.17Market closedtoday +0.58%Negative Brent Crude Oil (continuous future)COMMODITY:BRENTCommodity111.11 USD+0.28%today +2.10%Positive
Impact and summary are estimates by the News Impact AI agent, not financial advice.Open in Markets

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