# Asian Stocks Mixed as Oil and AI Concerns Weigh

> Asian stocks mixed as oil rally and AI investment fears push markets lower.
- Title: Asian Stocks Mixed as Oil and AI Concerns Weigh | Shortify
- Summary: Asian stocks mixed as oil rally and AI investment fears push markets lower. Asian stocks mixed Thursday as oil prices rose and AI spending concerns weighed…
- Keywords: asian stocks, oil prices, ai investment, tesla earnings, meta platforms, middle east tensions, crude oil, money, business, Asian, Stocks, Mixed
- Source: The Economic Times — https://economictimes.indiatimes.com/markets/us-stocks/news/global-market-today-asian-stocks-mixed-as-oil-rally-ai-concerns-weigh-on-sentiment/articleshow/135103506.cms
- Author: Bloomberg
- Published: 2026-10-22T00:57:00+00:00
- Read time: 1 min
- Topics: asian stocks, oil prices, ai investment, tesla earnings, meta platforms, middle east tensions, crude oil, money, business
## Asian benchmarks mixed
South Korean shares fell 0.2% while Japanese stocks edged higher in early Thursday trading.
## US equity-index futures dropped
Nasdaq 100 Index contracts slipped 0.6% and S&P 500 dropped 0.4% after mixed megacap earnings.
## Tesla cut capital spending forecast
Tesla reduced capital expenditures to $20 billion this year from earlier target of over $25 billion.
## Meta boosted AI investment
Meta raised capital spending outlook to $135 billion to $145 billion for 2026.
## BlackRock CEO warns on data centers
BlackRock CEO Larry Fink warned delays in building data centers could push up computing costs and threaten economic growth.
## Oil prices rose after Middle East attack
West Texas Intermediate crude climbed toward $98 a barrel after Saudi oil field attack.
## Middle East tensions escalate
US State Department ordered departure for non-emergency personnel from Saudi Arabia due to Houthi militants.
## Key takeaway

Asian stocks mixed Thursday as oil prices rose and AI spending concerns weighed on sentiment.