Asia shares fall on tech nerves; oil prices slip

BusinessInternationalAsia shares fall on tech nerves; oil prices slipBy Reuters -Aug 25, 2026Add ARY News on GoogleImage Credit: Investing News NetworkAAResizeSINGAPORE: Asia shares slipped on Tuesday while oil prices extended losses, after threats from the U.S. ​for an “economic D-Day” of sanctions on Iran turned out to be a damp squib. U.S. Treasury yields were off their recent highs ‌following a report that the Treasury Department might tap into its cash account to finance increased debt buybacks, which could reduce the need for additional sales of short-term bills. The tech sector is holding its breath for Nvidia’s (NVDA.O), opens new tab results on Wednesday; investors are aware how hard it will be for the chipmaker to meet lofty expectations. Analysts are generally looking for quarterly revenue ​to almost double to around $92 billion, with full-year earnings guidance seen in a range of $103 billion to $105 billion. “Those are really high expectations ​to be met,” said Fabien Yip, a market analyst at IG. “Judging from Nvidia’s track record, it won’t be surprising ⁠if they meet the headline numbers, but I think the more piece is people are trying to understand whether there are concerns on the circular ​deals powering its growth and whether that growth percentage is sustainable in the upcoming quarters.” MSCI’s broadest index of Asia-Pacific shares outside Japan was down 0.5%, ​while Japan’s Nikkei lost 0.9% and South Korea’s Kospi slid 2.7%. Also weighing on tech sentiment was Alibaba’s launch of a $10.2 billion share sale at a steep discount to fund its AI ambitions as well as disappointment over Samsung Electronics’ shareholder-return plan. Nasdaq futures were off 0.08% while S&P 500 futures were flat. EUROSTOXX 50 futures edged 0.05% lower. SANCTIONS AND BUYBACKS On ​Monday, the Trump administration warned countries to cut their business ties with Iran or face secondary sanctions as part of what it billed as an “economic D-Day,” ​though the Treasury Depa...