Update: Technology Leads US Equity Indexes Lower Amid Surge in Crude Oil - Yahoo! Finance Canada

Wall Street ended sharply lower on Friday, with CoreWeave, Broadcom and other AI-related technology stocks under renewed pressure, while a jump in oil prices spooked traders heading into the weekend. The TSX ended with a very modest gain, with strength in the heavily weighted energy sector helping to offset losses in tech stocks, which have much less influence on the Canadian benchmark. The Nasdaq extended losses from earlier ⁠in the ​week, hammered by concerns that debt-laden AI infrastructure companies may not turn profits in time to repay debts, particularly with borrowing costs expected to rise. Nvidia-backed CoreWeave slumped 12%, bringing its loss over the past five sessions to about 25%. The data center operator’s bonds also sold off sharply this week, pushing yields above 15%. Broadcom fell 4.5%, and the ​PHLX chip index sank 3.8% in its eighth straight day of declines, ‌its longest losing streak since 2008. Investors on Friday were also watching oil prices jump around 3%. Brent touched US$110 a barrel for the first time since ​May on worries that escalating tensions ‌in the Middle East could further tighten supplies.

Classic gems, tasteful customs, legendary supercars - for Silvian, they're all fair game. He's been in love with cars and motorcycles for as long as he can remember, so it made perfect sense to eventually turn that passion into a full-time writing career. Around six years and more than 3,000 articles later, he is still going strong and doesn't plan on hitting the brakes anytime soon. Argentina is a country known for its natural beauty, soccer legends, and chainsaw-wielding president, but it probably isn’t the first place you’d expect a rad V8 supercar to be developed. However, that assumption might change once you learn about a company called Valtor, the brainchild of engineer-turned-CEO Sergio Arias. He leads a small but ambitious team of designers and engineers like himself, who’d previously caught people’s attention with the Azor GT concept last year. Now they’re back at it once again with the Eaglon, an evolution of the Azor and something that could easily be mistaken for a Ferrari by those who don’t know their automotive lore.

There's currently some tension between the video game industry and the proliferation of AI tools. You can see the evidence of this in a recent development regarding the upcoming indie game Drunken Goddess Reflux. It's a game with the objective of imbibing alcohol until a demon vomits up her soul, a decidedly unique premise that would be hard for any AI to come up with. As spotted by Rock Paper Shotgun, though, the developers had to cancel an upcoming public demo session. The decision is partly due to concerns that AI could quickly clone it for someone else's financial benefit. Instead, they will hold closed sessions for a "limited number of participants. "