2 weeks ago
Global shares rise as AI-related stocks rebound on earnings
On Thursday, stock markets in many countries mostly went up.
The reason is that companies making computer chips and other AI things did better than people expected.
People are very excited about AI, which makes computers act smart.
Some AI companies earned more money than analysts thought they would.
In South Korea, the stock market jumped a lot.
Samsung's shares went up 4.9%, and chip maker SK Hynix's shares jumped 9%.
Japan's main stock market also rose strongly.
Some markets in Europe, Hong Kong, and China went down a little.
Investors are trying to pick which AI companies are good to buy.
Some people worry that AI stocks got too expensive too fast.
Global shares were mostly higher on Thursday, powered by gains in AI-related stocks including computer chips.
South Korea's Kospi jumped 3.6%, with Samsung Electronics surging 4.9% and SK Hynix jumping 9%.
Japan's Nikkei 225 advanced 1.2% to 68,308.59, while Hong Kong's Hang Seng and Shanghai Composite declined.
AI-related companies reported better-than-expected spring earnings, and US inflation data was in line with forecasts.
Analysts say investors are now studying which AI stocks to buy amid worries the sector has shot too high.
- Who
- Investors, AI-related companies including Samsung Electronics and SK Hynix, and major stock markets worldwide.
- What
- Global shares mostly rose as AI-related stocks and chipmakers rebounded after strong earnings reports.
- Where
- Major markets including Tokyo, Seoul, Paris, Frankfurt, London, New York, Hong Kong, Shanghai, and Sydney.
- When
- Thursday, following Wednesday's earnings reports and US inflation data.
- Why
- AI-related companies beat earnings expectations and US inflation matched forecasts, boosting confidence in AI stocks.
AI-stock optimists
AI-stock skeptics
AI stock valuations
AI-stock optimists
AI-related companies beat earnings expectations and demand for chips points to sustained growth, justifying further gains.
AI-stock skeptics
AI stocks have surged to records and then come under pressure on worries that they have shot too high.
Payoff of AI spending
AI-stock optimists
Heavy AI investment can yield enough in profits and productivity, driving sustained demand for chips and infrastructure.
AI-stock skeptics
Big spenders on AI still need to prove their investments are worth it before investors keep buying.
Key facts
- Global market direction
- Mostly higher
- Nikkei 225 (Japan)
- Advanced 1.2% to 68,308.59
- Kospi (South Korea)
- Jumped 3.6% to 6,813.34
- Samsung Electronics
- Shares surged 4.9%
- SK Hynix
- Shares jumped 9%
- European markets
- CAC 40 +0.1% to 8,685.40; DAX +0.4% to 26,445.93; FTSE 100 -0.4% to 10,791.07
- US futures
- Dow futures near 53,921.00; S&P 500 futures near 7,775.25, both up nearly 0.1%
- US crude oil
- Slipped $1.18 to $82.08 a barrel
Sources
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