Asian stocks advance on tech rally, yen weakens

Anand Krishnamoorthy / Bloomberg07-22

Stocks in Asia climbed for a second day as a rebound in chipmakers at the heart of the AI boom offset concerns over rising oil prices after the renewed escalation in the US-Iran conflict.(July 22): ...

Source Link

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/2653689337?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2026-07-22 00:53","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2653689337","market":"nz","top_or_hot":-1,"title":"Asian stocks advance on tech rally, yen weakens","media":"Anand Krishnamoorthy / Bloomberg","content":"<div>\n<p>Stocks in Asia climbed for a second day as a rebound in chipmakers at the heart of the AI boom offset concerns over rising oil prices after the renewed escalation in the US-Iran conflict.(July 22): ...</p>\n\n<a href=\"https://www.theedgesingapore.com/news/highlight/asian-stocks-set-gains-chipmakers-rebound?utm_source=Blog&utm_medium=RSS&utm_campaign=Tiger_Brokers_app_RSS\">Source Link</a>\n\n</div>\n","source":"edge_highlight","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Asian stocks advance on tech rally, yen weakens</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nAsian stocks advance on tech rally, yen weakens\n</h2>\n\n<h4 class=\"meta\">\n\n\n2026-07-22 00:53 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.theedgesingapore.com/news/highlight/asian-stocks-set-gains-chipmakers-rebound?utm_source=Blog&utm_medium=RSS&utm_campaign=Tiger_Brokers_app_RSS><strong>Anand Krishnamoorthy / Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Stocks in Asia climbed for a second day as a rebound in chipmakers at the heart of the AI boom offset concerns over rising oil prices after the renewed escalation in the US-Iran conflict.(July 22): ...</p>\n\n<a href=\"https://www.theedgesingapore.com/news/highlight/asian-stocks-set-gains-chipmakers-rebound?utm_source=Blog&utm_medium=RSS&utm_campaign=Tiger_Brokers_app_RSS\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"INTC","symbol_name":"英特尔","start_time":0,"source_url":"https://www.theedgesingapore.com/news/highlight/asian-stocks-set-gains-chipmakers-rebound?utm_source=Blog&utm_medium=RSS&utm_campaign=Tiger_Brokers_app_RSS","article_id":"2653689337","we_media_id":null,"thumbnails":[],"rights":{"source":"edge_highlight","url":"https://www.theedgesingapore.com/news/highlight/asian-stocks-set-gains-chipmakers-rebound?utm_source=Blog&utm_medium=RSS&utm_campaign=Tiger_Brokers_app_RSS","rn_cache_url":null,"directOrigin":true},"url":"https://stock-news.laohu8.com/highlight/detail?id=2653689337","pubTimestamp":1784652815,"columns":[],"sourceInfo":{"source_id":"edge_highlight","name":"Edge"},"weMediaInfo":null,"summary":"Stocks in Asia climbed for a second day as a rebound in chipmakers at the heart of the AI boom offset concerns over rising oil prices after the renewed escalation in the US-Iran conflict.","collect":0,"end_time":0,"defaultTopTitle":"theedgesingapore.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"INTC":"英特尔","VOOV":"Vanguard S&P 500 Value ETF","VTHR":"Vanguard Russell 3000 ETF","QTOC":"Innovator Growth Accelerated Plus ETF - October","PPI":"AXS Astoria Real Assets ETF","YCL":"ProShares Ultra Yen","FXY":"日元ETF-CurrencyShares","YCS":"日元ETF-ProShares两倍做空","AIPO":"Defiance AI and Power Infrastructure ETF","CHAT":"ROUNDHILL GENERATIVE AI & TECHNOLOGY ETF","ARTY":"ISHARES FUTURE AI & TECH ETF","AGIX":"通用人工智能 ETF-AGIX","HEWJ":"日本ETF汇率对冲-iShares","DBC":"商品指数ETF-PowerShares DB","EEMA":"iShares"},"translate_title":"亚洲股市因科技股反弹而上涨，日元走弱","themeId":null,"isJumpTheme":false,"ttsUrl":"https://static.tigerbbs.com/ec52b3f5863b947cd4c6a5fd50e9ee7d","symbols_score_info":{"FXY":1.5,"CHAT":0.9,"EEMA":1.5,"HEWJ":1.5,"AIPO":0.9,"INTC":0.6,"VOOV":0.6,"VTHR":0.9,"YCS":1.5,"ARTY":0.9,"QTOC":0.9,"AGIX":0.9,"DBC":0.6,"PPI":0.6,"YCL":1.5},"content_text":"Stocks in Asia climbed for a second day as a rebound in chipmakers at the heart of the AI boom offset concerns over rising oil prices after the renewed escalation in the US-Iran conflict.(July 22): Stocks in Asia climbed for a second day as a rebound in chipmakers at the heart of the artificial intelligence (AI) boom offset concerns over rising oil prices after the renewed escalation in the US-Iran conflict.\nThe MSCI Asia Pacific Index climbed 0.8%, extending its biggest one-day gain in a month. The Kospi Index, a bellwether for AI investments, jumped over 5%. The regional gains followed the Nasdaq 100's best session in three weeks, as a 5.2% surge in a key semiconductor gauge signaled renewed demand for beaten-down chipmakers.\nAdding to the optimism, Nvidia Corp said its latest chip designs are now reaching customers, while Intel Corp rose on plans for further job cuts. After the close, Super Micro Computer Inc surged following an update that pointed to a growing order backlog. American Depositary Receipts of Taiwan Semiconductor Manufacturing Co climbed 5.5% after the Nikkei reported the company is set to raise prices by up to 10%.\nEarly attention in Asia is on the yen, which slid past 163 per dollar for the first time since 1986, increasingly testing Japanese authorities' resolve to intervene.\nElsewhere, crude oil prices climbed, reigniting inflation concerns that pushed Treasury yields to the highest in two months. Brent advanced 0.6% to US$91.52 a barrel as US President Donald Trump minimised the prospect of immediate talks with Iran.\nThe rally in technology stocks followed weeks of volatility in the year's best-performing corner of the market as investors questioned whether massive AI spending will translate into commensurate returns. The focus now shifts to earnings from Alphabet Inc and Tesla Inc starting Wednesday, with lofty expectations leaving little room for disappointment.\n\"The burden of proof has changed. Investors are no longer asking whether companies can withstand the uncertainty,\" said Bret Kenwell at eToro. \"They want growth and guidance strong enough to justify elevated valuations.\"\nElsewhere, gold and silver advanced on dip-buying. Bullion advanced as much as 2% to trade above US$4,080 an ounce, while silver jumped as much as 5% on Tuesday.\nTreasuries fell, pushing 10- and 30-year yields to the highest levels in about two months on Tuesday, as a surge in crude oil prices stoked concern that inflationary pressures will prompt the Federal Reserve to raise interest rates.\nMeanwhile, the US plans to impose a 100% tariff on generic drugs imported to the US beginning in August 2028, Trump said in a social media post Tuesday.\nStill, investors remain focused on company results. US earnings growth should continue to support stocks in the second half of the year, even as near-term bullish positioning and macro headwinds weigh on share prices, according to Goldman Sachs Group Inc strategists.\nNearly 20% of companies in the S&P 500 by market value are slated to report results this week. Alphabet and Intel will give investors a clearer read on how AI spending is reshaping the tech industry. Intel reports Thursday.\nWhile the recent selloff in AI-related shares has raised questions about the durability of the trade, some strategists see it as a reset rather than a sign of deteriorating fundamentals.\n\"The long-term AI backdrop appears to be intact,\" said Adam Turnquist at LPL Financial. \"The recent correction appears more consistent with a healthy reset following a parabolic advance than a fundamental breakdown in the AI investment theme.\"\nCorporate news:\n\nGlobal banks are poised to reap a windfall from SoftBank Group Corp's unprecedented borrowing binge as they fund the debt-laden conglomerate's enormous AI bet.\nSpaceX has set the stage for one of the largest share unlocks in capital markets history, with as much as US$116 billion ($149.86 billion) worth of stock becoming eligible for sale for the first time next month.\nMoonshot AI plans to begin talks in August on a final fundraising round ahead of a Hong Kong listing, targeting a valuation of as much as US$50 billion as enthusiasm for its latest AI model fuels investor demand.\n\nSome of the main moves in markets:\nStocks\n\nS&P 500 futures were little changed as of 9.02am Tokyo time\nHang Seng futures fell 0.7%\nJapan's Topix was little changed\nAustralia's S&P/ASX 200 rose 0.1%\nEuro Stoxx 50 futures rose 0.7%\n\nCurrencies\n\nThe Bloomberg Dollar Spot Index was little changed\nThe euro was little changed at US$1.1403\nThe Japanese yen was little changed at 163.16 per dollar\nThe offshore yuan was little changed at 6.7681 per dollar\nThe Australian dollar was little changed at US$0.7000\n\nCryptocurrencies\n\nBitcoin rose 0.3% to US$66,553.54\nEther rose 0.4% to US$1,929.83\n\nBonds\n\nThe yield on 10-year Treasuries was little changed at 4.63%\nJapan's 10-year yield advanced 2.5 basis points to 2.745%\nAustralia's 10-year yield advanced three basis points to 4.97%\n\nCommodities\n\nWest Texas Intermediate crude rose 0.3% to US$84.63 a barrel\nSpot gold was little changed\n\nUploaded by Chng Shear Lane","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":false,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"isVideo":false,"video":null,"symbols":[],"gpt_button":0,"need_auth":false,"need_login_tip":false,"code":"91000000","status":"200"},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"isLaohu8Offline":false,"tenantId":"TBGLOBAL","deviceId":"web-server-community-laohu8-v3","version":"4.47.0","shortVersion":"4.47.0","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2653689337","isCrawlerRequest":true}