Global stocks fall, oil rises amid AI jitters

Global stocks slid as mixed technology earnings and uncertainty over the cost of expanding artificial intelligence businesses failed to reassure investors, while rising oil prices added pressure. Meta’s stronger spending outlook and Tesla’s reduced capital-spending forecast highlighted investor unease over companies’ AI investment plans; chip stocks also weakened, and Chinese equities approached bear-market territory. Crude climbed above $110 a barrel after Houthi attacks on Saudi targets heightened concerns about potential supply disruptions. European shares also fell in separate sessions as investors awaited results from major AI companies, with semiconductor stocks among the decliners.