Business & markets news on Friday, October 23, 2026

In Business & markets on Friday, October 23, 2026: Tesla cuts capex amid AI, robotics investment doubts. Also: AI stock declines overwhelmed markets worldwide as oil prices rose sharply; Japan's Nikkei fell 2.2% dragged down by chip and bank stocks.

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Top stories

AI stock declines overwhelmed markets worldwide as oil prices rose sharply.The Guardian · Oct 22, 9:50 PM
Japan's Nikkei fell 2.2% dragged down by chip and bank stocks.WSJ · Oct 23, 12:15 AM
Korean stocks dropped following US chip selloff and gains in oil prices.Bloomberg.com · Oct 23, 1:23 AM

Tesla lowered capex guidance, fueling doubt about AI and robotics investment goals.Bloomberg.com · Oct 22, 1:32 PM
Comcast beat earnings expectations as media revenue offset connectivity business weakness.CNBC · Oct 22, 11:42 AM

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