# Big Tech earnings face a crucial AI reality check | Reuters Morning Bid

https://mins.news/en/video/105988

- Reuters, 2026-10-19 09:22 UTC
- Economy
- Original: https://www.youtube.com/watch?v=9SfZAmclgM0

> Oil markets opened the week on edge after ships struck mines in the Strait of Hormuz, helping push crude to $110 on Friday. Ukraine also struck a major Russian oil facility near St. Petersburg over the weekend. Meta reports earnings Wednesday after tech stocks had a brutal week, with the SOX index down more than 10% amid concerns over AI-related debt.

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