Asian shares slip as sharp drops for AI stocks overwhelm markets worldwide and oil prices jump

Asian shares were mostly lower Friday after the latest shudder for artificial-intelligence stocks weighed on markets around the world, giving the benchmark S&P 500 its worst day since July.Oil prices were hovering at their highest levels since May on worries about the war with Iran, with Brent crude up 0.5% at $113.73 per barrel. U.S. benchmark crude oil added 0.6% to $100.08 per barrel.In share trading, Tokyo's Nikkei 225 lost 1.7% to 61,825.26, while the Kospi in South Korea declined 2.4% to 5,403.32.Hong Kong's Hang Seng climbed 0.2% to 22,983.80 and the Shanghai Composite index slipped 1.3% to 3,610.52.In Australia, the S&P/ASX 200 shed 0.2% to 8,777.00.On Thursday, the S&P 500 fell 1.2%, while the Nasdaq composite tumbled 2.6%. The weakness for tech stocks was so overwhelming that it masked strength for the rest of the U.S. market, where the majority of stocks actually rose. The Dow Jones Industrial Average added less than 0.1%.AI-related stocks have been swinging on worries that