Asian tech stocks rallied Monday, led by SoftBank, Tokyo Electron, and Samsung Electronics, on news of a potential peace deal between Iran and the U.S. The agreement, brokered by Pakistan, aims to end the Middle East conflict and reopen the Strait of Hormuz.
Surging oil prices and rising producer inflation prompt stricter US Fed policy expectations, impacting Bitcoin's hedge value as Nasdaq 100 drops 7.5%, wiping out $2.7 trillion, with Bitcoin support at $60,000 at risk.
SpaceX's IPO is reportedly oversubscribed by nearly four times, attracting over $250 billion in demand for its $75 billion offering. Analysts suggest this could be draining liquidity from tech and crypto markets, causing a temporary rotation rather than a broader bear market.
Stock markets in Asia and Europe fell after a sharp US tech sell-off raised concerns over AI valuations and funding needs. Oil prices jumped on renewed Iran-Israel conflict before retreating after Iran said it was halting military operations.
Technology stocks, particularly chipmakers like Broadcom and Micron, declined on Thursday due to investor concerns over AI spending and market expectations catching up with the sector's strong performance. Analysts suggest a market 'rest' is due after significant gains.
Technology stocks declined Thursday, led by chipmakers Broadcom, Micron, and Marvell, as investors exited the semiconductor sector. Concerns over AI spending slowdown and chip price drops contributed to the sell-off.
Technology stocks, particularly chipmakers like Broadcom, Micron, and Marvell, experienced significant drops in premarket trading Thursday. Broadcom shares plunged 14.6% following weaker-than-expected earnings, signaling a broader retreat from the semiconductor sector.
Asian markets opened lower as investors reacted to mixed signals from the Middle East, including Israeli PM Netanyahu's remarks on potential military action against Iran. Oil prices rose, while S&P 500 futures fell. Tech stocks also saw declines.
Asia markets opened lower Thursday amid renewed Middle East tensions, with Israeli PM Netanyahu signaling readiness for military action against Iran. Oil prices rose, while S&P 500 futures fell. Tech stocks also dipped on weaker earnings and SpaceX's IPO pricing.
US stock markets took a breather after a multi-day record streak, with the Dow Jones and S&P 500 seeing modest gains. The Nasdaq remained flat. However, technology stocks continued to surge, driven by AI advancements, overshadowing geopolitical concerns in the Middle East.
China's yuan-denominated stock indexes are set to increase the representation of technology companies, a move expected to attract more investment and enhance the sector's appeal. Leading AI chipmakers and new-economy stocks will be added to key gauges.
Nvidia CEO Jensen Huang is expected to visit South Korea this week, meeting with top executives from companies like LG Group and Samsung Electronics. This visit, coupled with Samsung's recent announcement of delivering advanced HBM chip samples for AI data centers, has driven significant stock price increases for Korean tech firms.
Global markets showed caution despite positive news from the Middle East regarding a potential peace deal between the US and Iran. While tech stocks, boosted by Nvidia's earnings, closed the week strong, broader market enthusiasm was tempered. European and US stock markets saw modest gains, with bond yields also recovering from recent highs. Investors are awaiting further clarity on potential interest rate hikes by the Fed and ECB.
SpaceX's planned $75 billion IPO in June could significantly increase Bitcoin exposure in the Nasdaq 100, potentially making it the largest near-term public listing with a major Bitcoin treasury. However, the IPO may also pressure tech stocks and Bitcoin itself.
European tech stocks show resilience despite economic woes, driven by AI. Japan faces inflation, considering a supplementary budget to mitigate war impacts, while also dealing with China's rare earth mineral supply cuts, impacting key industries.
European stock markets opened higher, with tech stocks leading the gains due to a rebound in chip manufacturers following positive Nvidia results. Milan's Ftse Mib rose 0.62%, with Stm up 3.4%. Paris, Frankfurt, and London also saw gains.
A small group of European technology stocks tied to AI infrastructure has surged in 2026 as investors look beyond U.S. and Chinese leaders. Analysts say the rally reflects concentrated bets on infrastructure suppliers rather than a broad European AI expansion.
The outbreak of Hantavirus on a cruise ship has led to biotech and pharmaceutical stocks surging on reports of firms developing vaccines.
The outbreak of Hantavirus on a cruise ship has led to biotech and pharmaceutical stocks surging on reports of firms developing vaccines.
A succession of strong earnings seasons since then has allowed tech stocks to "grow into" their stock prices.
Global markets were mixed Monday as tech stocks rallied following Friday's Wall Street gains, with South Korea's Kospi jumping 5.1% and Taiwan's Taiex up 4.6% on strong chipmaker performance. Oil prices rebounded sharply, with Brent crude climbing $2.23 to $110.40 as the US launched 'Project Freedom' to guide ships through the Strait of Hormuz, though Iran rejected the plan. The S&P 500 was nearly unchanged while the Dow fell 0.3%, with markets in Britain, China and Japan closed for holidays.
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U.S. markets hit record highs with S&P 500 closing above 7,200 for first time at 7,209.01, while Nasdaq jumped 0.89%. Investors shrugged off weaker-than-expected Q1 GDP data (2% vs 2.2% forecast) and Iran escalation threats, instead focusing on strong earnings from Apple and Caterpillar. Brent crude settled at $110.40 per barrel. Asian markets in Australia and Japan mostly rose, though most Asian markets were closed for May Day holiday.
