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Sharp drops for AI stocks overwhelm markets worldwide as oil prices jump

Image: The Guardian

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  • The Guardian · October 22, 2026 21:50
    Datacenter and chip costs fueled sharp decrease in AI sector although non-AI stocks still had a strong showing The latest shudder for stocks in the AI industry pulled markets lower worldwide on Thursday, while oil prices hit their highest levels since May on worries about the war with Iran . The…