Asian stocks slide as tech earnings and central bank decisions loom

Asian stocks fell Monday as investors braced for major tech earnings and central bank decisions, extending last week's losses. Oil price declines offered limited support amid concerns about potential US attacks on Iran. AI-linked companies struggled as traders questioned the sustainability of massive investment spending, with results from Amazon, Microsoft, Alphabet, SK hynix, and Samsung due this week. Tesla and Meta's recent earnings stoked spending worries, while rising interest rates and bond yields pressured company finances. The Federal Reserve, European Central Bank, and Bank of Japan announce policy decisions this week, with the Fed expected to hold rates. Oil dropped over one percent after Friday's surge, as speculation grew over US action against Iran following next week's midterm elections.