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Asian tech stocks rally on Wall Street's record highs and AI optimism, led by SoftBank's 10% surge.

Market News
04 Aug 2026
CNBC
View Source
Bullish
Asian tech stocks rally on Wall Street's record highs and AI optimism, led by SoftBank's 10% surge.

Asian technology stocks surged following a strong rally on Wall Street, driven by robust corporate earnings and easing oil prices. SoftBank Group shares jumped over 10%, with other major players like Tokyo Electron, Advantest, Kioxia, SK Hynix, and Samsung Electronics also posting significant gains. The rally was fueled by optimism around artificial intelligence, especially after Arm Holdings, SoftBank's chip design subsidiary, showed strong performance. This momentum reflects growing investor confidence in AI-related growth and semiconductor sectors globally.

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Sigenergy launches smart energy solutions in Sri Lanka, boosting clean energy transition.

Sigenergy launches smart energy solutions in Sri Lanka, boosting clean energy transition.

Sigenergy officially launched its brand in Sri Lanka, focusing on advancing the country's clean energy transition with smart energy technologies. The event featured key industry leaders and highlighted Sigenergy's innovative products like the SigenSt...

Market News
Bullish
1 hour ago
Apple's revenue quadrupled to $416B under Tim Cook, driven by iPhone sales soaring to $210B.

Apple's revenue quadrupled to $416B under Tim Cook, driven by iPhone sales soaring to $210B.

Over 15 years as CEO, Tim Cook led Apple to grow its annual revenue from $108 billion to $416 billion, with iPhone sales alone increasing from $47 billion to nearly $210 billion. This remarkable growth highlights Apple's strong market position and in...

Market News
Bullish
1 hour ago
Yatsen Holding sets record with 20 research studies at top cosmetics science congress

Yatsen Holding sets record with 20 research studies at top cosmetics science congress

Yatsen Holding Limited, a leading Chinese beauty group, presented a record 20 research studies at the 36th IFSCC Congress in Perth, nearly doubling its submissions from 2025. This achievement highlights Yatsen's strong commitment to scientific innova...

Others
Bullish
4 hours ago
Lump-sum Bitcoin buys beat monthly buys in 68% of past cases but risk bigger losses in some periods.

Lump-sum Bitcoin buys beat monthly buys in 68% of past cases but risk bigger losses in some periods.

Historical tests comparing investing $12,000 in Bitcoin all at once versus spreading it over 12 months found that lump-sum buying accumulated more BTC about 68% of the time. The median advantage for lump-sum was around 24-30%, but in the worst 5% of ...

Market News
Neutral
4 hours ago
Ericsson restructures to combine Asia-Pacific markets and optimize R&D, appointing Patrick Johansson to lead APAC.

Ericsson restructures to combine Asia-Pacific markets and optimize R&D, appointing Patrick Johansson to lead APAC.

Ericsson announced a simplification of its group structure effective January 1, 2027, merging its North East Asia and South East Asia, Oceania and India markets into a new Market Area Asia-Pacific (APAC). Patrick Johansson, formerly Head of Market Ar...

Company Fundamentals
Bullish
4 hours ago
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