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Sharp drops for AI stocks overwhelm markets worldwide as oil prices jump

Datacenter and chip costs fueled sharp decrease in AI sector although non-AI stocks still had a strong showing

The latest shudder for stocks in the AI industry pulled markets lower worldwide on Thursday, while oil prices hit their highest levels since May on worries about the war with Iran.

The S&P 500 fell 1.2% for its worst day since July, while the Nasdaq composite tumbled 2.6%. The weakness for tech stocks was so overwhelming that it masked strength for the rest of the US market, in which the majority of stocks actually rose. The Dow Jones Industrial Average added 11 points, or less than 0.1%.

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© Photograph: Richard Drew/AP

© Photograph: Richard Drew/AP

© Photograph: Richard Drew/AP

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Zombie walk, Brazil’s presidential runoff, assassination of Guatemalan anti-corruption lawyer and other top photo from Latin American and the Caribbean

Chile hosts a time-travel-themed zombie walk featuring costumes inspired by monsters and bygone eras; Bolsonaro and Lula intensify their campaigns in the final week before Brazil’s presidential runoff; and a prominent Guatemalan anti-corruption lawyer is assassinated on a soccer field in Guatemala City.

© Copyright 2026 The Associated Press. All rights reserved

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Zombie walk, Brazil’s presidential runoff, assassination of Guatemalan anti-corruption lawyer and other top photo from Latin American and the Caribbean

Chile hosts a time-travel-themed zombie walk featuring costumes inspired by monsters and bygone eras; Bolsonaro and Lula intensify their campaigns in the final week before Brazil’s presidential runoff; and a prominent Guatemalan anti-corruption lawyer is assassinated on a soccer field in Guatemala City.

© Copyright 2026 The Associated Press. All rights reserved

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Zombie walk, Brazil’s presidential runoff, assassination of Guatemalan anti-corruption lawyer and other top photo from Latin American and the Caribbean

Chile hosts a time-travel-themed zombie walk featuring costumes inspired by monsters and bygone eras; Bolsonaro and Lula intensify their campaigns in the final week before Brazil’s presidential runoff; and a prominent Guatemalan anti-corruption lawyer is assassinated on a soccer field in Guatemala City.

© Copyright 2026 The Associated Press. All rights reserved

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‘Looksmaxxing’ influencer Clavicular pleads not guilty to raping teen

The social media personality denies allegations he gave a girl alcohol until she was drunk and sexually assaulted her

The “looksmaxxing” livestreamer Braden Peters, better known by his stage name Clavicular, pleaded not guilty Thursday to charges that he raped a 17-year-old girl at his family’s Massachusetts home.

A social media personality known for promoting extreme devotion to male beauty, Peters, 20, is accused of giving the girl alcohol until she was drunk and then sexually assaulting her when she visited him in Chatham, on Cape Cod, in May 2025.

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© Photograph: Getty Images

© Photograph: Getty Images

© Photograph: Getty Images

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Virginia Democrat indicted on federal drug and money laundering charges

Federal authorities allege state senator L Louise Lucas, a vocal Trump critic, led a ‘criminal marijuana enterprise’

Virginia state senator L Louise Lucas, one of the state’s most powerful Democrats, was charged on Thursday in connection with what federal authorities alleged was a role leading a criminal enterprise that acquired and distributed large quantities of marijuana and laundered the proceeds.

An indictment unsealed on Thursday charged Lucas and six other defendants, including several of her relatives, the Department of Justice said in a statement. Lucas surrendered on Thursday, a justice department spokesperson said.

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© Photograph: Ryan M Kelly/AP

© Photograph: Ryan M Kelly/AP

© Photograph: Ryan M Kelly/AP

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Arizona storms topple trees and bring golf ball-sized hail in possible tornado

Violent storms overnight knocked over utility poles and carried thunder and heavy winds through central Arizona

Trees fell on to homes and utility poles were knocked down by a possible tornado in a central Arizona community during a series of violent storms that moved through the state overnight into Thursday.

Storms capable of causing hail and wind damage were traveling through central Arizona early on Thursday, with some flood watches and the possibility of tornadoes, the National Weather Service said.

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© Photograph: Ross D Franklin/AP

© Photograph: Ross D Franklin/AP

© Photograph: Ross D Franklin/AP

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