AI trade outlook brightens on falling oil and Meta’s Muse agent ahead of Xi-Trump meeting

According to a report by SCMP… The global AI trade is staging a comeback, as a confluence of falling oil prices, Meta Platforms’ launch of a new agentic tool, and anticipation surrounding the China-US leadership summit reignite interest in technology stocks.
The Nasdaq-100 Index hit an all-time high on Tuesday, surpassing the previous record set in June. In Asia, China’s chip-heavy Star Market 50 Index and South Korea’s Kospi gauge, which is heavily weighted towards memory chipmakers, have been bouncing back since July… complete report is on below link. Source: https://www.scmp.com/business/china-business/article/3368470/ai-trade-outlook-brightens-falling-oil-and-metas-muse-agent-ahead-xi-trump-meeting?utm_source=rss_feed