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Oil Cracks $100 Again: Is the AI Rally Fading Fast?

Y
Oct 9, 2026 · 11:49

[Wild week in the markets—oil ripped nearly 5% to top $100](https://www.moomoo.com/news/post/1000819178?global_content=%7B"promote_content":"11067213","promote_id":20795,"promote_type":43,"sub_promote_id":1%7D), while AI chip names like Micron, Intel, Broadcom and NVIDIA got absolutely crushed after that OpenAI revenue report landed. 10-year yields spiked to 5.32% too, smacking long-duration assets.

Defensives caught every bid here, while the crowded mega-cap AI trade finally hit a messy reality check. Who’s locking in energy gains ahead of bank earnings week?

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