### Major U.S. Equity Indices Slip Amid Inflation Concerns and Rising Oil Prices

Major U.S. stock indices recorded minor declines on Thursday, driven by higher-than-expected Consumer Price Index (CPI) inflation data for September and a rise in oil prices due to Hurricane Milton and mounting tensions in the Middle East. The S&P 500, Dow Jones Industrial Average, and the Nasdaq 100 all experienced slight drops of 0.2%, 0.1%, and 0.05%, respectively.

Tesla Inc. saw its shares fall by 0.95%, closing at $238.77. The electric vehicle company fluctuated throughout the day, reaching an intraday high of $242.79 and a low of $232.34. Investors are keeping a close eye on Tesla as it prepares to unveil its dedicated robotaxi product at an event in Los Angeles later on Thursday.

In contrast, Uber Technologies Inc. experienced a modest gain of 0.06%, ending the day at $77.92. Uber is actively working towards becoming a zero-emission platform by 2040. In line with these efforts, the company is introducing an AI assistant on its driver app to assist with electric vehicle-related inquiries, particularly as Tesla readies its robotaxi product.

Advanced Micro Devices Inc. saw its shares decline significantly by 4.00%, closing at $164.18. The drop follows the company's "Advancing AI 2024" event, where AMD launched a series of new high-performance computing solutions. Despite the event's advancements, investor response appeared lukewarm.

On a more positive note, Aehr Test Systems reported better-than-expected first-quarter financial results, resulting in a 0.68% increase in its share price to $13.32.

Thursday's market movements highlight the ongoing volatility driven by economic indicators and global events, with sectors reacting differently based on company-specific developments and broader market trends.