Oil higher on Iran crisis; AI drives Asian stocks to sparkling weekly gains

Stock markets in Asia, which have been soaring thanks to gains in chipmakers and other AI-linked stocks, slipped only slightly from record highs

May 8, 2026 - 06:00
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Oil higher on Iran crisis; AI drives Asian stocks to sparkling weekly gains
Stock markets in Asia, which have been soaring thanks to gains in chipmakers and other AI-linked stocks, slipped only slightly from record highs

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