Asian markets are rising for the fourth day. Concerns about artificial intelligence are easing. Nvidia’s sales forecast is upbeat. This is boosting Asian chipmakers. South Korea’s Kospi Index reached a record high. The dollar weakened. Gold edged up. Bitcoin fell. Investors are watching Nvidia’s outlook to support the AI trade.Read More
Wall Street indexes climbed to two-week highs, led by tech stocks, as optimism about AI’s potential benefits overshadowed concerns about disruption and costs. Nvidia’s strong earnings fueled the rally, with the Nasdaq showing the largest percentage gain. Investors are weighing existential AI risks against potential returns.Read More
Gold prices saw a slight uptick on Thursday, driven by a weaker dollar and investor caution over U.S. tariff policy and Iran talks. The precious metal’s rise was also supported by safe-haven demand amid global uncertainties. Markets are closely watching upcoming U.S. jobless claims data for clues on Federal Reserve policy.Read More
Indian IT stocks saw a brief rebound on Wednesday, ending a losing streak. However, analysts caution this relief might be temporary. Most derivative bets remain bearish after the IT index’s substantial drop. The sector experienced pressure throughout February, with new AI tools intensifying concerns about future revenue. Short covering fueled the bounce, but underlying weakness persists.Read More
Metal stocks surged over 7% on Wednesday, driven by firm base metal prices and reduced uncertainty over US tariffs. Analysts suggest buying on dips, anticipating up to 25% upside. Companies like Lloyds Metals, National Aluminium, and Vedanta saw significant gains as investors shifted funds from IT to the buoyant metal sector.Read More
Nulla vitae elit libero, a pharetra augue. Nulla vitae elit libero, a pharetra augue. Nulla vitae elit libero, a pharetra augue. Donec sed odio dui. Etiam porta sem malesuada.
