Daily Market Updates: SoftBank shares jump 10% as Asia tech follows Wall Street AI surge

Global Markets

Home›Global Markets›Asia›SoftBank shares jump 10% as Asia tech follows Wall Str…

SoftBank shares jump 10% as Asia tech follows Wall Street AI surge

Reported · Written up by our desk · Asia

SoftBank shares rose about 10% as Asian technology stocks rallied, with the move tracking optimism from a record-setting session on Wall Street.

CNBC Markets reported that the surge in Asia was tied to renewed enthusiasm for artificial intelligence and growth-oriented stocks after the latest US gains.

← Newer storyChina Politburo sets second-half priorities focused on AI and infrast…Older story →US says Strait of Hormuz southern route remains free and open

More like this

Global MarketsFusion Klassroom Edutech SME IPO allotment set for August 5

Global MarketsAbout 34% of Hong Kong Jupas applicants get university places

Global MarketsChina’s military reshuffles senior roles after anti-corruption drive

Global MarketsContaminated water dispenser linked to legionnaires’ case in Hong Kong

Global MarketsHuawei’s top chip scientist describes execution as key to fast AI chips

Sources

CNBC MarketsSoftBank jumps 10% as Asia tech stocks track Wall Street AI rally

CNBC WorldSoftBank jumps 10% as Asia tech stocks track Wall Street AI rally

Global Markets

SoftBank shares jump 10% as Asia tech follows Wall Street AI surge

More like this

Sources

Get the close, explained.