World stocks slip as AI spending worries hit chipmakers | live
By Sruthi Shankar and Chibuike Oguh NEW YORK, Oct 13 (Reuters) - World stocks edged lower on Tuesday as concerns about AI spending weighed on chipmakers and investors looked ahead to more US corporate earnings for clues on whether big technology firms can justify their heavy capital expenditure. Brent crude futures also fell as traders assessed developments in the Middle East conflict.
By Sruthi Shankar and Chibuike Oguh NEW YORK, Oct 13 (Reuters) - World stocks edged lower on Tuesday as concerns about AI spending weighed on chipmakers and investors looked ahead to more US corporate earnings for clues on whether big technology firms can justify their heavy capital expenditure. Brent crude futures also fell as traders assessed developments in the Middle East conflict.
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