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Global Market Today: Shares edge higher in Asia as oil dips, earnings loom
Asian markets saw gains as Wall Street futures rose, buoyed by hopes of strong earnings and easing oil prices. Reduced inflation fears have lessened the likelihood of a near-term Federal Reserve rate hike, allowing investors to anticipate a tech profit boom driven by AI. Samsung Electronics is expected to report a significant profit jump, highlighting the strong performance of chipmakers amidst high demand and tight supply.
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economictimes.indiatimes.com
Global Market Today: Asian stocks slip on AI woes, oil extends drop
Asian stocks dipped, mirroring a global tech sell-off fueled by concerns that the AI rally has overheated. Investors are questioning sky-high valuations amid rising costs and…
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apnews.com
Asian shares rally after Dow hits a record, as some AI shares bounce back
Shares have rallied in Asia after the Dow Jones Industrial Average set another record, as some key AI related stocks rose while others extended losses.
