ASIAN STOCKS SKID , WALL STREET AND BONDS AIDED BY OIL SLIP

What happened: Asian share markets slipped on Monday as unease over AI's funding needs undermined confidence ahead of a week of earnings, while the euro eased after rioting across France. Key numbers: Brent futures fell 1.6 percent to $108.06 a barrel; US crude lost 0.7 percent to $100.70. 10-year Treasury yields fell 3 basis points to 5.0645 percent. Why it matters: An AMP economist said investors worry AI revenues won't recoup upfront investment, and rising bond yields and wider credit spreads are raising financing costs. Earnings are still expected to rise 30 percent overall. Coverage: 3 outlets in 24h

Asian share markets slipped on Monday as unease over AI's funding needs undermined confidence ahead of a week of earnings, while the euro eased after rioting across France.

An AMP economist said investors worry AI revenues won't recoup upfront investment, and rising bond yields and wider credit spreads are raising financing costs. Earnings are still expected to rise 30 percent overall.