Global markets saw a boost on Thursday, driven by a rally in AI-related stocks on Wall Street. The S&P 500 index rose 0.3%, coming close to its record high, while the Dow Jones industrial average dipped slightly. Several AI-related companies, including Super Micro Computer and CoreWeave, reported strong earnings, with Super Micro jumping 19% and CoreWeave leaping 19.3%.
Asian markets mostly rose on Thursday, tracking the rally on Wall Street. Japan's benchmark Nikkei 225 advanced 1.6% to finish at 68,308.59 or 68,601.21. The surge in AI stocks was led by strong performances from companies like Samsung Electronics and SK Hynix. US futures were little changed, and oil prices were slightly lower.
The Philadelphia Semiconductor Index gained 2.3%, reflecting the broad interest in AI and semiconductor stocks. The rally was fueled by better-than-expected earnings from AI-related companies, which boosted hopes for continued growth in the sector.
Key Takeaways
['* Wall Street finished almost at a record high, driven by strong performances from AI-related stocks.', '* The S&P 500 index rose 0.3%, while the Dow Jones industrial average dipped slightly.', '* Super Micro Computer jumped 19% after reporting strong earnings.', '* CoreWeave leaped 19.3% after reporting better revenue.', '* Asian shares mostly rose on Thursday, tracking a rally on Wall Street driven by AI-related stocks.', '* The Philadelphia Semiconductor Index gained 2.3%, reflecting the broad interest in AI and semiconductor stocks.', '* Samsung Electronics and SK Hynix led the surge in AI stocks.', '* US futures were little changed, and oil prices were slightly lower.', '* The S&P 500 index finished just shy of its record high on Wednesday.']Wall Street nears record high as AI stocks surge
Wall Street finished almost at a record high on Wednesday, driven by strong performances from AI-related stocks. The S&P 500 index rose 0.3%, while the Dow Jones industrial average dipped slightly. Several AI stocks reported better-than-expected growth, boosting hopes for continued growth. Super Micro Computer jumped 19% after reporting strong earnings, and CoreWeave leaped 19.3% after reporting better revenue.
Global shares rise after AI-related shares surge
Global shares mostly rose on Thursday, following a rally on Wall Street driven by AI-related shares. The surge in AI stocks was led by strong performances from companies like Samsung Electronics and SK Hynix. US futures were little changed, and oil prices were slightly lower. The S&P 500 index finished just shy of its record high on Wednesday.
Asian shares rise after AI leads rally on Wall Street
Asian shares mostly rose on Thursday, tracking a rally on Wall Street driven by AI-related stocks. The S&P 500 index rose 0.3%, while the Dow Jones industrial average dipped slightly. Several AI-related companies reported better earnings for the spring than analysts expected, while a report showed inflation across the United States was slightly less bad last month.
Asian shares mostly rise after AI leads rally on Wall Street
Asian shares mostly rose on Thursday, powered by gains for AI-related stocks including computer chips. Regional markets tracked a rally on Wall Street, where the benchmark S&P 500 finished just shy of its record high. Japan's benchmark Nikkei 225 advanced 1.6% to finish at 68,308.59.
Asian shares mostly rise after AI leads rally on Wall Street
Asian shares mostly rose on Thursday, as global market optimism continued on prospects for AI stocks and the semiconductor sector. Benchmarks rose in early Thursday trading in Tokyo, Seoul, Hong Kong, and Shanghai, while slipping in Sydney. The S&P 500 rose 0.3% for its first gain since setting its all-time high on Friday.
Asian shares mostly rise after buying of AI-related shares
Asian shares were mostly higher on Thursday, powered by gains for AI-related stocks including computer chips as regional markets tracked a rally on Wall Street. U.S. futures were little changed and oil prices were slightly lower. Japan's benchmark Nikkei 225 advanced 1.6% to 68,601.21.
Asian shares mostly rise after buying of AI-related shares leads a rally on Wall Street
Asian shares were mostly higher on Thursday, powered by gains for AI-related stocks including computer chips as regional markets tracked a rally on Wall Street. U.S. futures were little changed and oil prices were slightly lower. Japan's benchmark Nikkei 225 advanced 1.6% to 68,601.21.
Asian shares mostly rise after buying of AI-related shares leads a rally on Wall Street
Asian shares were mostly higher on Thursday, powered by gains for AI-related stocks including computer chips as regional markets tracked a rally on Wall Street. U.S. futures were little changed and oil prices were slightly lower. Japan's benchmark Nikkei 225 advanced 1.6% to 68,601.21.
Asian shares mostly rise after buying of AI-related shares leads a rally on Wall Street
Asian shares were mostly higher on Thursday, powered by gains for AI-related stocks including computer chips as regional markets tracked a rally on Wall Street. U.S. futures were little changed and oil prices were slightly lower. Japan's benchmark Nikkei 225 advanced 1.6% to 68,601.21.
CoreWeave and Super Micro surge on AI infrastructure earnings
CoreWeave and Super Micro each surged roughly 19% Wednesday after blowout earnings from AI server and cloud infrastructure providers triggered the broadest single-day advance in the AI chip and infrastructure sub-sector in months. The Philadelphia Semiconductor Index gained 2.3%, the S&P 500 added 0.3% to 7,748.
Sources
- Wall Street rises near a record as AI stocks climb and worries about inflation ease
- Global shares mostly rise after buying of AI-related shares and oil prices fall
- Asian shares mostly rise after buying of AI-related shares leads a rally on Wall Street
- Asian shares mostly rise after AI leads rally on Wall Street
- Asian shares mostly rise after AI leads rally on Wall Street
- Asian shares mostly rise after AI leads rally on Wall Street
- Asian shares mostly rise after AI leads rally on Wall Street
- Asian shares mostly rise after AI leads rally on Wall Street
- Asian shares mostly rise after buying of AI-related shares leads a rally on Wall Street
- South Korea stocks have entered bull market in about a month as AI trade roars back
- CoreWeave and Super Micro surge on AI infrastructure earnings, SOXX +2.3%
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