Veytics Intelligence
2026-10-09 · Yahoo

Asian stocks mixed amid AI concerns, oil dips after surge

Donald Trump ruled out striking Iran ahead of next month's midterm elections (Kent NISHIMURA) Asian stocks headed into the weekend on a mixed note on Friday with tech weighed by renewed concerns about the AI investment boom, while support came from a drop in oil prices after Donald Trump ruled out a pre-election strike on Iran. The outlook for artificial intelligence has provided a fresh boost to the tech sector in recent weeks, with some optimism for the upcoming earnings season. Chip titan Nvidia this week hit a record high and closed in on the $6 trillion market capitalisation.

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