Japan’s Nikkei share average experienced a significant decline on Thursday, primarily influenced by a pronounced selloff in AI and semiconductor stocks, despite the fact that the majority of stocks within the index posted gains. A Democratic sweep in US midterm elections served as the catalyst for the tech rout, driven by expectations that Democrats will Read More
Japan equities experienced a decline at the close on Wednesday, driven by losses in the Paper & Pulp, Transport, and Communication sectors, which contributed to the downward movement of shares. At the close in Tokyo, the Nikkei 225 experienced a decline of 1.41%. The biggest gainers of the session on the Nikkei 225 were Yamato Read More
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
Japan’s Nikkei share average experienced an uptick on Thursday, bolstered by an enhanced profit outlook from chip equipment manufacturer Advantest. However, a significant drop in South Korea’s Samsung Electronics dampened investor sentiment, even in light of the company’s record earnings, as reported. The Nikkei concluded the morning session with an increase of 0.3% at 64,131.28, 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 share gauge experienced a decline for the third consecutive session on Monday, as chip-related shares persisted in their downward trend, while energy-linked shares saw an uptick due to rising oil prices. The benchmark Nikkei 225 slid 0.80% to close at 62,189.65, marking its lowest closing level since July 30. The broader Topix edged 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 225 Index experienced an increase of 0.85%, closing at 64,621 on Wednesday. This rise marks a recovery from one-month lows, driven primarily by gains in AI-related stocks. Strong results from server manufacturer Super Micro Computer have enhanced expectations for AI spending, while robust earnings from SpaceX, bolstered by growth in its AI and Read More
