The Digital Source For China's Tech Innovation Since 2000

China Tech Buzz

Global News Impacting Chinese Tech

US stocks gained amid tech strength and recent easing of AI concerns – Newsquawk Asia-Pac Market Open

News Snapshot:

US stocks continued to advance higher as tailwinds from the recent easing of AI disruption fears persisted. As such, the Nasdaq outperformed its major peers with tech and financials leading the gains, as tech was buoyed by gains in software, while NVIDIA (NVDA) shares were also supported heading into earnings after-hours, which proved to be better-than-expected and added a further lift to futures.USD was broadly weaker against peers on Wednesday, with Trump's State of the Union speech sparking little reaction as new policies were absent, while US equities continued to bounce as tech sentiment improved ahead of Nvidia earnings after…

Other China Tech Buzz: