Claims extracted
27
sentences that state something as happening or true
Uncertain
11%
3 of 27 hedged
("reportedly", "may", "according to")
Leaning
not political
takes no side on a contested political question
Publisher signals
63/100
Global News's corrections and
hedging, across everything collected from it. Not a measure of accuracy.
Outlets on this story
1
Economy/Business
Same framing elsewhere
1
articles that frame the event the way this one does
Stocks are opening lower Friday on Wall Street as Big Tech companies tied to artificial intelligence swing lower again and oil prices rise.
asserted
prices → open → intelligence
The S&P 500 fell 0.5 per cent in the early going Friday.
asserted
S&P → fall → going
The Dow Jones Industrial Average fell 547 points, or one per cent.
asserted
Average → fall → ?
Concerns about the cost of building out AI have weighed heavily on on stocks this week, though a sell-off eased early Friday.
asserted
off → build → stocks
AI-related stocks have been swinging on worries that the booming sector may be under threat from the rising costs of borrowing money to build data centers and buy more AI chips.
uncertain
sector → relate → chips
Among tech stocks, Meta fell 2.1 per cent.
asserted
Meta → fall → stocks
Meta Platforms, which is pushing its Muse AI agent, fell slightly before the market opened Friday after reporting stronger than expected revenue for the latest quarter, though profits fell short.
asserted
profits → push → quarter
The Facebook and Instagram parent company, which closed down seven per cent on Thursday, also said it’s creating a new class of stock to raise money to pay for AI investments and other expenses.
asserted
it → close → investments
Tesla was a bit higher in premarket trading after closing down 3.1 per cent on Thursday as the electric vehicle maker reported a stronger profit for the summer than analysts expected, though its revenue was weaker than forecast.
asserted
revenue → close → summer
The global tide against AI stocks knocked Nvidia down 4.4 per cent at Thursday’s close, but it made slight gains before Friday’s market open.
asserted
it → knock → open
The chip giant is the largest company on Wall Street by total value and movements for its stock carry more weight on the S&P 500 than any other.
asserted
movements → carry → other
Get weekly money news
The Toronto Stock Exchange was down close to one per cent.
asserted
Exchange → get → news
France’s main index fell one per cent, though yields on French government bonds eased a bit.
asserted
yields → fall → bonds
The yield on the 10-year Treasury edged up to 4.97 per cent.
asserted
yield → edge → cent
Oil prices reached levels not seen since May amid halting efforts to bring the U.S. and Iran back to the negotiation table.
uncertain
prices → reach → table
The price of Brent crude oil, the international standard, rose 1.8 per cent to just above US$115 a barrel, its highest level since March.
asserted
price → rise → March
U.S. benchmark crude oil jumped 1.8 per cent to $101.22 per barrel.
asserted
oil → jump → barrel
Gasoline prices in the U.S. are rising again.
asserted
prices → rise → U.S.
The national average for a gallon of regular gas rose two cents to $4.29 Friday, according to the AAA, compared with $3.07 a gallon a year ago.
uncertain
average → rise → 3.07
Higher oil prices have weighed on stocks.
asserted
prices → weigh → stocks
The price for a barrel of Brent crude oil leaped four per cent on Thursday and has shot up from less than $97 at the start of the month on uncertainty about when the war with Iran will allow the global energy industry to return to normal.
asserted
industry → leap → Iran
Turkey hosted meetings Friday with the foreign ministers of Egypt, Pakistan, Saudi Arabia and European nations — the UK, France, Germany and Italy — to discuss conflicts in the Middle East and efforts to resolve the Russia-Ukraine war.
asserted
Turkey → host → war
In Europe, Germany’s DAX dropped 0.8 per cent to 25,171.50, while the CAC 40 in Paris fell 0.7 per cent to 7,756.34.
asserted
CAC → drop → 7,756.34
Britain’s FTSE 100 declined 0.5 per cent to 10,670.55.
asserted
FTSE → decline → 10,670.55
The U.S. dollar rose to 156.92 Japanese yen from 156.77 yen.
asserted
dollar → rise → yen
The euro fell to $1.1195 from $1.1218.
asserted
euro → fall → 1.1218
The Canadian dollar rose about a tenth of a cent to 71.52 U.S. cents.
asserted
dollar → rise → cents
The Aporia
