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Asian Stocks Extend Losses on AI Woes, Oil Gains: Markets Wrap

Asian stocks dropped as investors rotated out of chip shares amid growing skepticism over returns on massive artificial intelligence spending. Oil climbed and Treasuries fell after fighting erupted in the Middle East.

Asian Stocks Extend Losses on AI Woes, Oil Gains: Markets Wrap

Asian stocks dropped as investors rotated out of chip shares amid growing skepticism over returns on massive artificial intelligence spending. Oil climbed and Treasuries fell after fighting erupted in the Middle East.

Technology Bloomberg Jul 28, 2026

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