Markets in the Asia-Pacific region experienced a decline on Friday, mirroring the losses observed, as technology stocks faced ongoing pressure amid uncertainties regarding potential rate cuts by the Federal Reserve. Japan’s benchmark Nikkei 225 index experienced a decline of 1.77%, closing at 50,376.53, while the Topix fell by 0.65%, finishing the trading day at 3,359.81. Read More
On Thursday, shares in the Asia-Pacific region predominantly experienced an upward trend following the enactment of a funding bill by U.S. President Donald Trump, which marked the conclusion of the longest federal government shutdown in U.S. history. Japan’s benchmark Nikkei 225 index increased by 0.43%, closing at 51,281.83, while the Topix increased by 0.67% to Read More
SoftBank Group experienced a decline of up to 10% on Wednesday following the announcement of its complete divestment from U.S. chipmaker Nvidia for $5.83 billion. This move reflects the Japanese conglomerate’s strategy to leverage its significant investment in OpenAI, the creator of ChatGPT. SoftBank’s shares ended the trading session down by 3.46%, closing at 21,910. Read More
Asia-Pacific markets exhibited a mixed performance on Tuesday, reversing earlier gains and diverging, which experienced an uptick fueled by renewed optimism surrounding artificial intelligence and increasing expectations for a swift resolution to the U.S. government shutdown. On Monday in the United States, Nvidia experienced a notable increase of 5.8%, positioning it as the leader in Read More
On Monday, Asian markets experienced an upward trend, following a week in which concerns regarding artificial intelligence valuations had led to declines across the region. Investors in Asia are analyzing the October inflation data from China released over the weekend, which exceeded expectations. Headline consumer inflation registered at 0.2% year on year, contrasting with the Read More
Asia-Pacific markets experienced a decline on Friday, mirroring the downturn observed, amid ongoing apprehensions regarding elevated valuations in artificial intelligence stocks. The shares of prominent AI firms experienced a decline on Thursday in the United States, contributing to a downward pressure on the overall U.S. market. The most significant declines were observed in Nvidia, Microsoft, Read More
Asia-Pacific markets experienced an uptick on Thursday, following the upward momentum of market, spurred by AMD’s third-quarter earnings surpassing expectations, which in turn bolstered artificial intelligence stocks. Japan’s benchmark Nikkei 225 index experienced an increase of 1.34%, concluding at 50,883.68, while the Topix index saw a rise of 1.38%, finishing at 3,313.45. Japanese companies in Read More
Japan’s Nikkei 225 on Wednesday fell below the 50,000 threshold before recovering some losses, reflecting a broader downturn in Asian markets as investors moved away from AI-related equities. The Nikkei experienced a decline of 2.5%, closing at 50,212.27 after a drop exceeding 4%, while the Topix fell by 1.26%, finishing at 3,268.29. Shares in Japan’s Read More
On Tuesday, Asia-Pacific markets experienced a decline, lacking significant catalysts, following the overnight increase of two major indexes driven by optimism in the technology sector. Amazon’s stock experienced a 4% increase following a $38 billion agreement with OpenAI, a strategic decision that will leverage hundreds of thousands of Nvidia’s graphics processing units. Nvidia experienced an Read More
Markets in the Asia-Pacific region experienced a general upward trend on Monday, following a positive performance from all three major U.S. indexes on Friday. Investors in Asia are evaluating the manufacturing activity data released from China following RatingDog’s publication of its purchasing managers index for October. China’s manufacturing activity registered a slowdown at 50.6, falling Read More
