Abhishek Vishnoi

(Bloomberg) -- Billionaire Ken Griffin's rescue of hedge fund Situational Awareness helped trigger a relief rally in global AI stocks, leaving traders debating if the worst is over or more blowouts are on the way.

Investing in South Korea’s stock market has yielded huge returns this year, but it’s been a wild ride. Volatility on the benchmark Kospi Index has topped 60%, almost double that of Japan’s Nikkei 225. It’s even put the notoriously unstable cryptocurrency Bitcoin in the shade.

China’s rapid progress in low-cost artificial intelligence is strengthening the investment case for the country’s internet giants after years in the shadow of chipmakers, market participants say.

The stock closed up 6.1% after fluctuating between gains and losses of less than 3% in early trading.

(Bloomberg) -- SpaceX shares rose on Thursday as investors digested the release of as many as 911.5 million shares worth about $100 billion from lock-up agreements that had prevented insiders from selling them.

Falling AI costs are shifting investor focus from chipmakers to internet platforms as cheaper models drive cloud demand and new applications.

Memory-chip makers may have found a new defense against the inevitable cooling of their boom: giving more cash back to shareholders.

Corporate America is blowing past Wall Street’s expectations for a stellar earnings season, adding to the rosy backdrop for a stock market trading near a record high.

Adani Enterprises Ltd., the flagship of Asia’s richest man Gautam Adani, is back to where it stood just before the conglomerate’s crisis began more than three years ago: the best-performing stock on India’s equity benchmark.

A rapid climb in Treasury yields is emerging as one of the biggest risks to Asia’s AI-driven stock rally, an uneasy link that highlights technology firms’ vulnerability to elevated borrowing costs.