The A.I. boom has propelled the South Korean tech giant’s earnings, but its shares sank as investors had even loftier expectations.
The turbulence in Asia’s chip-dominated stock markets highlighted how heavily global equities have come to depend on enthusiasm for artificial intelligence.
Intel, along with Taiwan and South Korea, are the latest winners, our columnist says. True diversification is hard to find.
NEW YORK (AP) — The U.S. stock market is rising on Wednesday, led by its most influential stock, Nvidia. The S&P 500 rose 0.9% and pulled within 1.1% of its all-time high set late last month. The Dow Jones Industrial Average was up 308 points, or 0.6%, as of 12:21 p.m. Eastern time, and the [...]
Malaysian durian farmers saw immense profits over the last decade as China snapped up their produce. But tastes have shifted.
Spurred by government policies and the global A.I. boom, the market’s value has jumped by hundreds of billions of dollars. Individual investors have piled in.