Asian Stock Markets Fluctuate After Mixed Tech Results
5 Articles
5 Articles
Asian stock markets fluctuate after mixed tech results
Markets enjoyed a healthy run-up in the previous two days as traders welcomed strong reports from South Korean chip titan SK hynix and a highly impressive IPO filing from Claude-creator Anthropic. That helped steady nerves among investors who have started to question the vast sums pumped into the AI build-out and when they will see returns, with the spike in borrowing costs compounding concerns. But uncertainty crept back in Asia on Thursday aft…
Asian stocks are oscillating from early gains to partial declines as reports related to artificial intelligence (AI) trigger very mixed reactions.
Data center technology giants Alphabet and Microsoft released their quarterly reports. The US Federal Reserve gave no indication of future interest rate hikes.
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