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The Nasdaq fell more than 2 percent on Thursday as growth stocks weakened after Tesla and Meta earnings did little to ease AI-related concerns, with oil price recovery adding pressure, the Korea Times reports. The S&P 500 also dropped, and AI stocks dragged markets worldwide, while oil hit its highest since May on Iran war worries. Korean shares plunged over 3 percent Thursday on profit-taking in chip shares amid AI value chain concerns, and Seoul stocks traded sharply lower late Thursday morning on the same worries. Analysts expect Naver's operating profit to decline by double digits due to AI infrastructure spending, the Korea Times reports.