Brent crude crossed $100 amid escalating Middle East tensions, while Alphabet and Tesla sold off on concerns over surging AI spending.

The report links a geopolitical supply-risk event (Middle East tensions driving Brent above $100) to a sell-off in mega-cap tech names Alphabet and Tesla, citing rising AI-related costs as the driver. For Alphabet, the narrative connects elevated energy prices and capital expenditure pressures to equity performance, without quantifying the move.