Nikkei Wavers as AI Stocks Weigh Ahead of Nvidia Earnings
4 Articles
4 Articles
Global Market: Japan’s Nikkei swings as AI stocks slip ahead of Nvidia results
Japan’s Nikkei swung between gains and losses on Monday as investors turned cautious ahead of Nvidia’s earnings this week. AI-related stocks came under pressure amid concerns over rising costs, while higher bond yields and inflation worries added to uncertainty. Expectations of a Bank of Japan rate hike further weighed on sentiment.
The most important stock exchange indices in Asia start with losses in the week: Above all, AI and semiconductor values are under pressure before the Nvidia figures on Wednesday.
Nikkei wavers as AI stocks weigh ahead of Nvidia earnings
Japan’s Nikkei share average moved between small gains and losses on Monday (Aug 24), with artificial intelligence-related shares under pressure ahead of Nvidia earnings later in the week. Read more at The Business Times.
Asian markets start the week in the red as tech companies raise huge sums for artificial intelligence. Alibaba falls sharply after a record IPO. Investors await Nvidia and signals from the Federal Reserve.
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