Asian Markets React to Nvidia's Mixed Forecast Amid Wall Street's Mixed Close

Asian Markets React to Nvidia's Mixed Forecast Amid Wall Street's Mixed Close

1 minute read
Updated 4 hours ago

Market Movements

Asian shares largely fell, with 's Nikkei 225, 's S&P/ASX 200, and 's index experiencing declines, while 's saw a slight uptick.

's profit report, despite topping expectations, led to a 2.5% drop in its after-hours shares, affecting technology stocks in , including Advantest Corp. and .

Economic Perspectives

Stephen Innes highlighted the complexities in Nvidia's long-term prospects, questioning the sustainability of its growth and the integration of AI technology.

's mixed closing saw the virtually unchanged, with Target's significant drop contrasting with 's optimistic projections, reflecting varying consumer spending behaviors.
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