Asian Markets Surge, Fueled by AI Hype
Update: 2026-01-02
Description
Asian markets kicked off the new year with solid gains, led by tech stocks and AI hype, while U.S. futures pointed higher. Alibaba and Baidu surged, with Baidu announcing plans to spin off its AI chip unit. Commodities also perked up, with crude oil, silver, and gold gaining. Investors are betting big on AI driving demand for chips and data centers, despite weak manufacturing numbers. All eyes now turn to the Feds next moves and trade tensions. Checkout Solipillow.com
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