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Chip stocks bounce back as OpenAI files for Wall Street float – business live | Collector
Chip stocks bounce back as OpenAI files for Wall Street float – business live
Guardian Australia

Chip stocks bounce back as OpenAI files for Wall Street float – business live

Rolling coverage of the latest economic and financial news, as the AI trade bounces back OpenAI confidentially files for initial public offering on US stock market The AI trade has continued to bounce back this morning, reports Deutsche Bank’s Jim Reid: The KOSPI (+7.35%) is sharply higher after its 9th worst day in 45 plus years of history yesterday (-8.29%). The Nikkei (+2.19%) is also benefiting from a recovery in technology stocks after a decline of over -3.5% yesterday . Chinese stocks are up just over half a percent and other markets are broadly flat. S&P 500 (+0.26%) and NASDAQ 100 (+0.54%) futures are also continuing to recover after a decent session yesterday. Continue reading...

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