Asian Shares Rise as AI Optimism Lifts Technology Stocks
Asian stocks rose broadly on Wednesday as technology shares followed U.S. peers higher amid renewed optimism over artificial intelligence demand. Investors awaited big tech earnings and the Federal Reserve’s upcoming rate decision.
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08:58:52 AM UTC
SquawkNews
By Amanda CooperGlobal stocks rose on Wednesday, boosted by renewed enthusiasm over AI ahead of earnings from industry bellwethers later on, while in Europe, financial shares weighed on the broader market on a big day for results and oil rallied.The coming 48 hours are packed with potentially marke…
09:20:52 AM UTC
SquawkNews
By Summer ZhenChina and Hong Kong stocks snapped a two-day slide on Wednesday, as AI-related shares tracked a broader rally across Asian markets following chipmaker SK Hynix's upbeat earnings.** At the close, China's blue-chip CSI300 Index SZSE:399300 and the Shanghai Composite Index SSE:000001 wer…
CANBERA (dpa-AFX) - Asian stocks rose broadly on Wednesday as technology shares followed their U.S. peers higher amid renewed optimism over artificial intelligence demand.Investors also awaited big tech earnings and the upcoming Federal Reserve's interest-rate decision for direction.Alphabet and Mi…