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 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
Japan’s Nikkei share average declined on Tuesday, influenced by a downturn in technology stocks as investors assessed the implications of rising bond yields and ongoing inflation concerns that have cast a shadow over the growth outlook for shares. The Nikkei declined by 0.86% to 64,360.16 as of 0204, whereas the broader Topix experienced a decrease Read More
Japanese shares experienced a decline exceeding 1% on Thursday, marking a second consecutive session of losses. This pullback comes as investors take a moment to reassess following recent rallies, remaining cautious amid concerns regarding the US interest rate outlook, rising yields, and ongoing geopolitical tensions. The Nikkei 225 experienced a decline of 1.42%, concluding at Read More
Japan’s Nikkei 225 experienced a decline from a six-week peak on Friday, as investors opted to secure profits and adopted a more cautious stance regarding the future of interest rates, inflation, and geopolitical uncertainties. The benchmark Nikkei declined by 0.94 percent, concluding at 68,309.46, thereby reducing its weekly gain to 2.9 percent. The broader Topix 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
Japan’s Nikkei share average concluded the trading session on Monday with an increase exceeding 2%, propelled by stocks associated with chips and artificial intelligence, following the upward movement in U.S. semiconductor equities. The Nikkei experienced an increase of 2.12%, closing at 66,399.84, marking its highest closing level since August 28. The broader Topix experienced an Read More
Japan’s Nikkei share average ended a four-session decline on Friday, propelled by a 12% surge in the index heavyweight SoftBank Group and supported by a robust performance on Wall Street the previous nite. The Nikkei closed 1.26% higher at 65,020.94, yet it recorded a weekly loss of 2%. Technology investor SoftBank Group experienced a notable Read More
The Nikkei 225 Index declined by 2.85%, closing at 64,325 on Wednesday, reaching four-week lows as rising global bond yields and oil prices exerted significant pressure on equities. Oil prices increased for a third straight session as tensions between the US and Iran intensified, raising inflationary concerns and driving global bond yields upward. Japan’s 10-year Read More
