Asian stocks rebound on US tech earnings
Semafor
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Amazon announced further investment in data centers, while Microsoft delivered “blockbuster” revenue growth in its cloud-computing business.
Tech Stocks Rebound as Chip Rout Ends
- South Korean shares soar after chip stock rout MyJoyOnline —
- Amazon jumped 13%. Apple fell 7%. The AI trade is picking clear winners again Quartz —
- Microsoft adds over $450 billion, the biggest one-day market cap gain in U.S. history Quartz —
- Amazon is soaring - here is what analysts are saying Seeking Alpha —