BUSINESSJul 16 · 14:12 UTCWPLG LOCAL 10 MIAMIBy STAN CHOE, Associated Press

AI stocks slump again, while oil prices keep rising

AI stocks like Micron Technology, Sandisk, and Nvidia are declining due to concerns about unsustainable demand, while oil prices rise amid the U.S.-Iran conflict. Global markets, including the S&P 500, Dow Jones, and South Korea's Kospi index, are experiencing losses.

Nexus surfaces and summarizes. The full story lives at the source.

Mentioned

Micron TechnologyorganizationSandiskorganizationWestern DigitalorganizationNvidiaorganizationTaiwan Semiconductor Manufacturing Co.organizationSamsung ElectronicsorganizationSK HynixorganizationBank of KoreaorganizationStrait of HormuzplaceAItopicoil pricestopicS&P 500topicKospi indextopic

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