Stock markets strike record highs as AI concerns ease

NEW YORK, United States — Stock markets in Asia and Europe reached record highs Wednesday while Wall Street indices continued to advance on easing worries about the artificial intelligence (AI) sector and ahead of chip behemoth Nvidia releasing its earnings. Seoul, Tokyo, London and Paris exchanges each beat their previous intraday highs, also in reaction to well-received company updates. In New York, the tech-centered Nasdaq again led the way, rising 1.3 percent. Global equities gained “as the apocalyptic AI narrative takes a small step back”, noted Matt Britzman, senior equity analyst at Hargreaves Lansdown. Investors have adopted a more sanguine view […]... Keep on reading: Stock markets strike record highs as AI concerns ease