ASIAN SHARES TUMBLE , OIL RISES AS MARKETS AWAIT AI SECTOR RESULTS - MARKETS

What happened: Asian shares fell broadly on Tuesday while oil rose as geopolitical risks weighed on sentiment ahead of key results from AI bellwether companies. Key numbers: MSCI Asia ex-Japan fell 0.93 percent, Nikkei 225 dropped 1.28 percent, KOSPI tumbled 3.61 percent. Why it matters: Investors await earnings from Meta, Tesla, Lam Research and Texas Instruments for evidence of consumer and economic resilience. A Pepperstone analyst said covering shorts differs from conviction to rebuild aggressive AI exposure.

Asian shares fell broadly on Tuesday while oil rose as geopolitical risks weighed on sentiment ahead of key results from AI bellwether companies.

Investors await earnings from Meta, Tesla, Lam Research and Texas Instruments for evidence of consumer and economic resilience. A Pepperstone analyst said covering shorts differs from conviction to rebuild aggressive AI exposure.