Veytics Intelligence
2026-09-22 · Yahoo

Morning Bid: As oil swoons, AI recharges

By Mike Dolan Sept 22 (Reuters) - The combination of a buzzy reception for Meta's new AI assistant Muse and softer oil prices was enough to give stocks a lift to start the week, with Mark Zuckerberg's firm surging more than 11% on demand for its new agent ‌on Monday. The broader AI stock universe, which has been wavering all month over apocalyptic AI disaster warnings, lapped it up too. Global chip stocks ‌climbed anew, with US chipmaker AMD becoming the latest trillion-dollar-valued stock and Asia's tech stocks rising yet again on Tuesday. Beyond the latest AI stock rally, much now spins into Thursday's summit between President Trump ​and China's Xi Jinping.

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