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Technology · 12 May 2026

AI stock gains stop as Middle East deal struggles

AI stock gains stop as Middle East deal struggles

Investors saw a rally in AI-related stocks pause on Tuesday. This happened as hopes for a Middle East ceasefire deal went on 'life support'. Oil prices crept higher and the dollar rose, with hopes fading for a deal to get ships moving through the Strait of Hormuz.

Reported by Reuters · How we write briefs

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