Sep 14, 2026 · 6 min
AI fears pressure chipmakers as oil weighs on airlines
ASML Slumps, IAG Dips, Cerillion Down
The market roundup connects doubts about advanced AI economics and higher fuel costs to fresh pressure on European technology and airline shares.
- 1Renewed doubts about the pace and profitability of advanced AI development weigh on European chipmakers and technology stocks.
- 2Higher oil prices threaten airline margins and push IAG shares lower as fuel costs raise concerns about airfares.
- 3Cerillion plunges after delayed customer orders force it to warn that revenue will fall below expectations.
Don't miss
The sharpest turn comes when a European stock-market roundup gives way to a discussion of how AI might reshape rapidly growing cities.
The brief
European technology stocks come under pressure as investors reassess whether advanced AI can deliver profits quickly enough, with ASML and other chipmakers among the companies affected.
Higher oil prices add another strain to markets, weighing on IAG as fuel costs threaten airline margins and could keep airfares elevated.
Cerillion suffers a sharper setback after delayed customer orders prompt a warning that four-year revenue will fall below expectations.
The episode then shifts from market anxiety to urban ambition: Economy of Scale examines how AI could help cities manage rapid growth and evolving infrastructure needs.
Jacob Greaves hosts a discussion with Rohit Krishnan and Estefanía Tapias on smart-city innovation, including Dubai’s use of long-term planning to respond to population growth.
What was said on this episode
9 statements · 2 positive · 7 negative
AI concerns are pulling down European and UK technology stocks
“it's essentially pulling down tech stocks across the board, really”
Listen at 0:50
ASML shares fell by more than approximately 5%
“There's chip makers, ASML down over about 5%.”
Listen at 0:56
Infineon and Nokia shares fell by nearly 8%
“Infineon and Nokia also related to that story down both almost 8%.”
Listen at 1:00
Higher oil prices increase airlines' fuel costs
“if oil rises, that's... higher fuel costs for the airlines”
Listen at 2:04
IAG shares fell by more than 3%
“You've got IAG, for example, as you mentioned, down over 3%”
Listen at 2:10
Ryanair and TUI shares fell by more than approximately 2%
“Ryanair, TUI, also down those both over about 2%.”
Listen at 2:16
Carillion shares fell as much as 21%
“shares in Carillion, they've dropped as much as 21%”
Listen at 2:46
Carillion's forward pipeline remains relatively strong
“the pipeline going forward is still relatively strong”
Listen at 3:16
AI will accelerate processes in smart-city systems
“AI will allow in the smart city space to compress a lot of things. the speed will change.”
Listen at 4:12
Statements are attributed to the speaker as said on the episode and reflect their view at the time, not PodLume's. They are not advice.
ASML
NokiaBooks & mentions
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