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ConflictSaudi Arabia·22 Oct 2026

Market Declines Amid AI Trade Concerns and Saudi Arabian Attacks

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US equity futures declined as investor confidence in the 'AI trade' faltered, with Nasdaq futures falling 1.7% following disappointing capital expenditure outlooks from Tesla and Meta, alongside soft forecasts from chipmakers like Lam Research. Concurrently, Brent crude oil prices rose 3.3% to $112.43 following lethal attacks on an Aramco oil field and an…

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