Business · Markets · 1 hr ago
Asian stocks rise as Anthropic IPO filing boosts AI sentiment
Asian stocks mostly rose on Tuesday after a rally in US technology shares lifted markets.
Anthropic disclosed steep losses and rapid revenue growth in a filing as it prepares to sell shares publicly in the United States.
The company, which makes the Claude AI assistant, is a major player in an industry investing heavily in computing infrastructure.
South Korea’s Kospi gained more than 4% at one point, while Japan’s Nikkei also climbed.
Investors are questioning whether AI demand can justify the industry’s high costs and lead to lasting profits.
Results from major technology companies this week may offer clues, with Alphabet and Microsoft due to report Wednesday and Amazon on Thursday.
Central banks, including the US Federal Reserve, were also due to make interest-rate decisions, which investors were watching for signals about future policy.
Asian stocks rose on Tuesday as an artificial-intelligence rally lifted investor sentiment ahead of major earnings reports and central-bank decisions.
South Korea’s Kospi gained more than 4% in early trading, while Japan’s Nikkei also advanced.
Investors watched for signs that heavy spending on AI infrastructure will generate lasting demand and profits.
Markets broadly expected the US Federal Reserve to leave interest rates unchanged at its meeting ending Wednesday.
Oil prices fell as investors weighed the possibility of easing tensions in the US-Israeli war with Iran.
- Who
- Asian stock markets and investors.
- What
- Asian stocks rose, led by technology shares, as investors awaited company earnings and central-bank decisions.
- When
- Tuesday, October 27, 2026.
- Where
- Asian markets, including South Korea and Japan.
- Why
- An AI-led rally boosted sentiment, while investors also watched for corporate earnings and signals from central banks.
This story does not have two clearly opposing sides.
US stocks rose, with the S&P 500 gaining 0.7% and the Nasdaq composite rising 0.8%.
Anthropic disclosed details of its losses as it prepared to sell shares publicly in the United States.
Asian stocks rose as investors awaited major corporate earnings reports and central-bank decisions.
The Federal Reserve was expected to conclude its meeting without changing the federal funds rate.
- South Korea
- Kospi was trading 3.6% higher at 5,667.99 by midday, after jumping more than 4%.
- Japan
- Nikkei 225 rose 2.2% to 63,542.77.
- US 10-year Treasury yield
- 4.98%, down from 5.00% late Friday.
- Brent crude
- Fell 0.8% to $109.82 a barrel in early Tuesday trading, according to AP.
- Fed meeting
- Investors widely expected the Federal Reserve to leave the federal funds rate unchanged on Wednesday.
3 sources
What people are saying
Given the increased AI scrutiny of late and circular arrangements, investors will want evidence that demand is broadening beyond these interconnected relationships to support the continued infrastructure expansion,
Investors need confidence that aggressive capex (capital expenditure) spending reflects durable business needs and that profitability will hold up as new infrastructure comes into service,
We think yes. We believe the US economy is going to be able to manage through higher interest rates.