Asian Stocks Rise as Alphabet Slump Revives AI Spending Concerns
The MSCI Asia Pacific index gained 0.3%, with Japan and South Korea leading the advance. The Nikkei 225 climbed 0.80%.
Asian equities edged higher on Thursday October 29, even as a slump in Alphabet shares revived worries about the vast sums companies are spending on artificial intelligence.The MSCI Asia Pacific index gained 0.3%, with Japan and South Korea leading the advance. The Nikkei 225 climbed 0.80% and the…