Economy · Full coverage
Mixed Asian Markets as Nvidia Shares Surge on Strong Earnings and AI Growth Forecast
How 2 Israeli newsrooms covered this story — translated into English and compared side by side.
Unrated 2
First reported by Calcalist · 3 hours ago
What happened
Asian markets showed mixed trends with Seoul down 1.5%, while Nvidia's strong earnings boosted US tech stocks and AI investment confidence. Federal Reserve Chair Jerome Powell's upcoming speech at Jackson Hole is highly anticipated amid rising Treasury yields and inflation concerns. Oil prices rose slightly amid Middle East tensions, and Bitcoin gained following Nvidia's report.
- 01Asian markets mixed: Nikkei +0.5%, Hang Seng +0.4%, Seoul -1.5%.
- 02Nvidia forecasts 70% revenue growth, shares rise, boosting tech and AI stocks.
- 03Federal Reserve Chair Powell to speak at Jackson Hole amid inflation and yield concerns.
- 04Salesforce and cybersecurity stocks rally on strong earnings and optimistic forecasts.
- 05Marvell shares fall 8% after mixed earnings and weak gross margin outlook.
- 06Oil prices rise slightly amid stalled Strait of Hormuz deal and US-Iran tensions.
Summary translated & synthesized from the sources below by baba. Read each original for the full report.
Full coverage · 2 outlets
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