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AI boom drives a rally in buying of tech shares, pushing South Korea's Kospi

Summary by Abc News
Markets on Wall Street soared overnight and U.S. crude prices plunged 13% after China’s foreign minister called for a comprehensive ceasefire in the Iran war, the latest spark of optimism that the two-month war could end soon

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AI boom drives a rally in buying of tech shares, pushing South Korea's Kospi

Markets on Wall Street soared overnight and U.S. crude prices plunged 13% after China’s foreign minister called for a comprehensive ceasefire in the Iran war, the latest spark of optimism that the two-month war could end soon

·United States
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Business TimesBusiness Times

Asia’s tech giants give AI bull run a new centre of gravity

Retail, institutional investors drive record buying, with leveraged bets

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abc News broke the news in United States on Wednesday, May 6, 2026.
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