The Nikkei 225 Index declined by 0.33%, finishing at 63,082 on Monday, thereby extending losses from the prior session. This downturn follows a cautious outlook issued by memory chipmaker Kioxia Holdings, which has sparked concerns that the growth in demand driven by AI may be starting to moderate. After the company reported operating profit of Read More
Japan’s Nikkei share average experienced a decline of up to 3% on Friday, primarily driven by a downturn in chip-related stocks, amid growing apprehensions regarding the viability of expenditures supporting the AI boom. Tokyo tracked overnight losses on Wall Street, influenced by late earnings from Amazon.com and Intel that revealed significant cash burns, resulting in Read More
The Nikkei 225 Index experienced an increase of 1.08%, concluding at 63,954 on Wednesday. This marks the second consecutive session of gains, influenced by positive movements on Wall Street, where robust performances from technology firms have enhanced optimism regarding the artificial intelligence sector. Broadcom announced $63 billion in financing associated with Anthropic’s utilisation of its Read More
Japan’s Nikkei share average experienced a rebound on Tuesday, fuelled by renewed optimism in the AI sector, following a filing by industry leader Anthropic to list its shares. The benchmark Nikkei 225 advanced 1.73% to close at 63,268.37, paring an earlier gain of more than 2%. The broader Topix increased by 0.61%, reaching a level Read More
Japan’s Nikkei 225 Index experienced a decline of up to 2.3% before rebounding to finish 0.34% lower at 62,693 on Friday, as the selling pressure in technology and artificial intelligence stocks started to diminish. Despite the late-session recovery, the benchmark index declined 4% for the week, marking its second consecutive weekly loss as investors shifted Read More
Japan’s Nikkei index experienced a decline on Thursday, influenced by a downturn in the semiconductor sector, as investors became more apprehensive about the spending forecasts related to artificial intelligence. According to source, the Nikkei-heavily weighted toward technology stocks-declined by 2.7%, closing at 62,907.84 points, thereby negating the 0.9% increase observed on Wednesday. The broader Topix Read More
Japan’s Nikkei share average experienced a significant decline of nearly 5 percent on Thursday, as technology stocks were adversely affected by media reports concerning distressed debt at the US cloud-computing provider CoreWeave. Additionally, concerning inflation figures from the US raised apprehensions regarding the potential for increased interest rates. The tech-heavy Nikkei concluded the trading session Read More
At the end of the trading day on Wednesday, the Nikkei 225 index in Japan finished the day at 67,744, indicating a slight decrease of 0.05%. This turn of events represents a reverse from earlier gains, and it marks the fifth consecutive session in which the index has experienced a decrease. Following the revelation made Read More
Japan’s Nikkei share average increased by over 2 percent, reaching a three-month peak on Monday, propelled by AI-related stocks, in the wake of last week’s gains on Wall Street. The Nikkei increased by 2.53 percent, reaching 70,037.61, marking its highest point since early July, as observed by the midday break. The broader Topix rose 1.16 Read More
Japan’s Nikkei share gauge experienced a significant decline on Monday, primarily influenced by a downturn in technology shares following a call from leaders of major AI companies for a deceleration in development. The benchmark Nikkei 225 experienced a decline of 1.61%, reaching 62,979.17 in early trading. The broader Topix increased by 0.40%, reaching a level Read More
