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Nikkei Falls 2.65% to Lowest Close Since July 30

The Nikkei Stock Average fell 2.65% to 62,907.84, its lowest closing level since July 30, amid strong risk-off sentiment. Investors questioned whether the latest AI earnings justified elevated valuations and continued heavy spending on computing infrastructure.

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The Nikkei Stock Average dropped 2.65% to 62907.84, marking its lowest close since July 30, as risk-off sentiment intensified. InTouch… said investors were weighing whether the latest AI earnings were strong enough to support elevated valuations and continued heavy investment in computing infrastructure.