Asian shares tumble and oil prices rise as investors await AI sector results after Wall Street's rebound

The fall in Asia undoes much of the relief from Wall Street, where the Nasdaq climbed as chip and AI-linked stocks bounced back. That recovery followed a bruising AI sell-off that had rattled US markets. Investors now face a nervous wait for results from the AI sector, which could decide whether the rally holds. Shares across Asia mostly declined overnight.

European markets dropped on Monday following protests, even as American tech stocks rallied.

The swings have revived one question: is this the beginning of the end of the AI boom?

Oil prices are climbing again in Asian trading after falling during Monday's US rebound.