Global Tech Stocks Fall Amid AI Investment Concerns; Oil Prices Surge on Middle East Tensions

Global technology stocks, including major AI players like Meta Platforms and Tesla, experienced a significant sell-off due to concerns over capital expenditure guidance, suggesting a potential slowdown in AI investment growth. Concurrently, crude oil prices climbed, with Brent crude surpassing $114 a barrel, driven by escalating conflicts in the Middle East that threaten global energy supply routes and infrastructure, raising inflation concerns.