World shares rose on Thursday, driven by strong performances in Japan and South Korea, as major computer chipmakers saw their stocks surge following positive earnings reports from U.S. companies like Qualcomm and Micron Technology. Qualcomm’s shares jumped nearly 7% after announcing a revenue forecast increase and a new chip for data centers. Micron’s shares soared 18.5% after exceeding expectations. The S&P 500 and Dow Jones futures also saw gains. In Asia, Japan’s Nikkei 225 and South Korea’s Kospi hit record highs, with significant gains in tech stocks. However, Hong Kong’s Hang Seng and Australia’s S&P/ASX 200 saw declines. On Wall Street, tech stocks like Microsoft and Oracle faced losses, impacting the Nasdaq composite. Alphabet, Google’s parent company, is set to join the Dow, replacing Verizon, which could influence investor decisions.
QUESTION: How might the rise of tech stocks in Asia influence global technology trends and innovations?
Rebound in tech shares pushes Asian shares higher, while oil prices fall
