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Global Market Today: Asian stocks gain after Nvidia shakeup, oil steady

Published by The Economic Times · India 2 h ago
The upheaval at Nvidia is testing the AI trade without derailing the broader investment boom. Instead, it may make investors more selective, favoring companies best placed to benefit from continued spending.
The upheaval at Nvidia is testing the AI trade without derailing the broader investment boom. Instead, it may make investors more selective, favoring companies best placed to benefit from continued spending. · The Economic Times

Detailed summary

The MSCI Asia Pacific Index rose 0.3%, led by gains in South Korea. US equity futures also advanced, with Nasdaq 100 contracts up 0.6% and those for the S&P 500 gaining 0.4% after both underlying benchmarks fell Thursday. Nvidia, the company at the heart of the AI boom, dropped 4.3% after Chief Executive Officer Jensen Huang was ousted.

Top Trending Stocks: SBI Share Price, Axis Bank Share Price, HDFC Bank Share Price, Infosys Share Price, Wipro Share Price, NTPC Share Price

Top Trending Stocks: SBI Share Price, Axis Bank Share Price, HDFC Bank Share Price, Infosys Share Price, Wipro Share Price, NTPC Share Price

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