{
  "id": 13015439,
  "title": "Tech stocks struggle on AI spending worries, elevated yields",
  "url": "https://urgent.news/2026/10/09/tech-stocks-struggle-on-ai-spending-worries-elevated-yields-13015439",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-10-09T02:15:52.000Z",
  "source": {
    "name": "Free Malaysia Today",
    "slug": "free-malaysia-today",
    "url": "https://www.freemalaysiatoday.com/category/business/2026/10/09/tech-stocks-struggle-on-ai-spending-worries-elevated-yields"
  },
  "original_language": "en",
  "account": "Asian markets saw a decline on Friday, with anticipation of a second consecutive weekly drop. This was due to investor concerns over high energy prices, bond market issues, and the large amounts required to fund AI investments. Brent crude prices reached US$103.70 per barrel in Asian hours, following a more than 4% increase the previous day due to Middle Eastern war fears and global rate hikes. Donald Trump assured he wouldn't attack Iran before the November US midterm elections, but traders remained doubtful of any progress in ending the conflict. Nick Twidale, chief market strategist at ATFX Global, noted that any indication of a change in White House policy could cause oil prices to surge sharply. Tech stocks led Wall Street's main indexes down overnight after OpenAI reported AI revenue was $20 billion lower than initially claimed, which dampened investor sentiment. The news triggered a shift away from tech, AI infrastructure, and semiconductors. MSCI's Asia-Pacific index outside Japan fell 0.16%, signaling a potential over 1% weekly loss. Europe's 10-year yield remained around a multi-decade high, dampening investment appetite in AI growth due to higher borrowing costs and the need for selective capital.",
  "summary": "MSCI's broadest index of Asia-Pacific shares outside Japan fell 0.16% as investors fretted about elevated energy prices and bond market turmoil.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 6,
    "also_reported_by": [
      {
        "outlet": "Investing.com",
        "title": "Tech stocks struggle on AI spending worries, elevated yields",
        "url": "https://urgent.news/2026/10/09/tech-stocks-struggle-on-ai-spending-worries-elevated-yields",
        "published": "2026-10-09T02:00:26.000Z"
      },
      {
        "outlet": "New Straits Times",
        "title": "Tech stocks struggle on AI spending worries, elevated yields",
        "url": "https://urgent.news/2026/10/09/tech-stocks-struggle-on-ai-spending-worries-elevated-yields-13007177",
        "published": "2026-10-09T02:15:43.000Z"
      },
      {
        "outlet": "Free Malaysia Today",
        "title": "Tech stocks struggle on AI spending worries, elevated yields",
        "url": "https://urgent.news/2026/10/09/tech-stocks-struggle-on-ai-spending-worries-elevated-yields-13014324",
        "published": "2026-10-09T02:15:52.000Z"
      },
      {
        "outlet": "Business Recorder",
        "title": "Tech stocks struggle on AI spending worries, elevated yields",
        "url": "https://urgent.news/2026/10/09/tech-stocks-struggle-on-ai-spending-worries-elevated-yields-13010561",
        "published": "2026-10-09T02:30:22.000Z"
      },
      {
        "outlet": "Straits Times Business",
        "title": "Tech stocks struggle on AI spending worries, elevated yields",
        "url": "https://urgent.news/2026/10/09/tech-stocks-struggle-on-ai-spending-worries-elevated-yields-13018625",
        "published": "2026-10-09T03:39:36.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}