Keywords: Technology shares
South Korea's stock market posted a sharp rebound on Friday, with the benchmark Kospi index soaring more than 16% after a turbulent week dominated by investor concerns over the future profitability of artificial intelligence investments. The dramatic recovery reflects renewed confidence in the country's......
Asian equity markets came under heavy selling pressure on Thursday as growing investor concerns over the profitability of artificial intelligence investments triggered a sharp decline in technology shares, sending benchmark indices in Tokyo and Seoul significantly lower. The sell-off was led by semiconductor......
Shares of Workday rose sharply on Friday after the company reported stronger-than-expected quarterly results, helping to ease investor concerns about potential disruption from artificial intelligence competitors. The California-based software firm exceeded analysts’ estimates for both revenue......
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