Nikkei 225 Soars Past 63,000 to New All-Time Peak
Japan's Nikkei 225 index reached a new all-time high, propelled by a technology stock rally as trading resumed after a major holiday.
Japan's Nikkei 225 index reached a new all-time high, propelled by a technology stock rally as trading resumed after a major holiday.
The S&P 500 surged to a new record, marking its fifth straight week of gains fueled by strong tech earnings and hints of geopolitical de-escalation.
Major tech firms reported strong earnings, but increased AI infrastructure spending and long-term AI strategy are now primary drivers of market valuation.
AI stocks experienced a significant downturn as a new report raised doubts about the sector's profitability, fueling investor anxiety ahead of key earnings.
Spotify's profit surged past analyst forecasts in Q1, driven by higher prices and a nearly 10% rise in its global premium subscriber count.