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Global Market Today: Asian shares rise as chipmakers gain, oil climbs

Asian shares advanced as regional chipmakers gained on artificial intelligence buildout expectations. Oil extended its rally after Houthi militants targeted Saudi Arabian tankers in the Red Sea. Alphabet Inc. raised its capital spending significantly, impacting US equity futures negatively. Investors are scrutinizing megacap earnings for AI return on investment signs. Geopolitical tensions and rising energy prices complicate the Federal Reserve's policy outlook.

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Economic TimesLean R·1h ago
Global Market Today: Asian shares rise as chipmakers gain, oil climbs
Asian shares advanced as regional chipmakers gained on artificial intelligence buildout expectations. Oil extended its rally after Houthi militants targeted Saudi Arabian tankers in the Red Sea. Alphabet Inc. raised its capital spending significantly, impacting US equity futures negatively. Investors are scrutinizing megacap earnings for AI return on investment signs. Geopolitical tensions and rising energy prices complicate the Federal Reserve's policy outlook.
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Global Market Today: Asian shares rise as chipmakers gain, oil climbs

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Global Market Today: Asian shares rise as chipmakers gain, oil climbs

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