Lates News

The rise in share prices of technology companies has boosted Wall Street and alleviated people's concerns about the disruptive impact of artificial intelligence. Asian stock markets also appear poised to rise. Stock index futures indicate a strong opening for Sydney, Tokyo, and Hong Kong stock markets. In the United States, a rebound in software stocks boosted the Nasdaq 100 index by 1.1%, while the S&P 500 index also rose as consumer confidence strengthened. Short-term bond performance was poor, while gold and oil prices fell. Traders are closely watching Nvidia's earnings announcement on Wednesday, with expectations that the chip manufacturer's performance will exceed expectations. Nvidia's stock performance has been lackluster recently due to investors selling off large-cap stocks. David Laut of Kerux Financial stated that this week's financial reports will either "alleviate" or "exacerbate" concerns about artificial intelligence. While not all answers will be obtained this week, apprehensive investors are eager for clear information.