Oil soars above $111 as stocks plummet on Iran strike news, AI spending concerns
Stocks fell Wednesday as oil prices soared above $111 a barrel on reports that the US and Israel are planning new strikes on Iran, while Meta and Tesla led tech stocks…
The stock market tanked on Thursday over concerns that a shift in control of Congress could slow the construction of data centers that power AI. CBS News' Natalia Brand reports, and Jessica Inskip, director of investor research at Stockbrokers.com, joins CBS News.
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