Japan’s Nikkei share average closed higher on Friday, achieving its most significant weekly gain in five months. This increase was driven by positive earnings reports and a resurgence of optimism surrounding AI, allowing the market to rebound from the sharp selloff experienced the previous week, even amidst concerns related to Nvidia. The Nikkei rose 0.53% Read More
Japan’s Nikkei index concluded the trading session on Thursday with a decline, reversing earlier advancements as technology stocks faced mounting pressure from significant losses in Nasdaq futures. Additionally, shares of Nvidia experienced a sharp drop in after-hours trading. According to source, Nvidia shares experienced a decline of over 8% in after-hours trading subsequent to a Read More
Japan’s Nikkei share gauge advanced for a third consecutive session on Wednesday, as data and earnings reports rekindled a degree of optimism within the beleaguered AI sector. The benchmark Nikkei 225 advanced by 1.31%, closing at 61,248.59. The broader Topix increased by 0.92%, reaching a level of 3,929.39. In November, a poll indicated that Japanese Read More
Japan’s Nikkei share average experienced a decline exceeding 5% on Friday, driven by significant losses in heavyweight technology stocks. This downturn was fuelled by concerns regarding stricter regulations and a possible deceleration in AI-related expenditures, particularly in the wake of the Democrats’ success in the US midterm elections. The selloff mirrored significant overnight declines on Read More
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’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 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 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
