AI Stocks Plummet, Oil Prices Soar: Market Update
Global News Today | 2 Min News | The Daily News Now!
- Published
- April 28, 2026
- Duration
- 1:40
- Summary source
- description
- Last updated
- Apr 28, 2026
Discusses ai, daily.
Summary
Wall Streets record rally stalls as AI stocks plummet and oil prices surge due to Iran conflict, with the S&P 500 dipping half a percent, Dow climbing slightly, and Nasdaq dropping one percent. Nvidia, Oracle, and CoreWeave lead the decline, while Coca-Cola and oil giants like Exxon Mobil and ConocoPhillips gain on strong earnings and rising oil prices. T…
Show notes
Wall Streets record rally stalls as AI stocks plummet and oil prices surge due to Iran conflict, with the S&P 500 dipping half a percent, Dow climbing slightly, and Nasdaq dropping one percent. Nvidia, Oracle, and CoreWeave lead the decline, while Coca-Cola and oil giants like Exxon Mobil and ConocoPhillips gain on strong earnings and rising oil prices. The Fed meets tomorrow, and Senate votes on Kevin Warsh for next chair, as overseas markets mostly slump amid Middle East risks. Support the sho
Themes
- ai
- daily