Reported 11 months ago
Asian shares had a mixed performance as Japan's Nikkei surged 1.4% due to strong demand for technology shares, driven by enthusiasm over Nvidia and artificial intelligence. However, Chinese shares retreated, with Hong Kong's Hang Seng edging lower and the Shanghai Composite slipping. The S&P 500 rose, nearing its all-time high, while Nvidia's rebound supported Wall Street amidst concerns of a possible stock market bubble due to the AI frenzy. SolarEdge Technologies dropped, highlighting challenges faced by retailers in the fluctuating market. Carnival's profit forecast raise boosted its shares, and hopes for a possible Federal Reserve rate cut eased pressure on the stock market.
Source: YAHOO