Asian shares have mostly fallen after a mixed close on Wall Street, with regional markets shrugging off a strong profit report from Nvidia that was released after U.S. markets closed.
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A woman covering herself from the rain walks by monitors showing Japan's Nikkei 225 index at a securities firm in Tokyo, Thursday, Nov. 21, 2024. The facade of the New York Stock Exchange is illuminated on Tuesday, Nov. 19, 2024. A woman walks by a monitor showing Japan's foreign exchange rate against the U.S. dollar at a securities firm in Tokyo, Thursday, Nov. 21, 2024. – Asian shares were mostly lower on Thursday after a mixed close on Wall Street, with regional markets shrugging off a strong profit report from Nvidia that was released after U.S. markets closed.
“The bigger question remains: where exactly is the bar for Nvidia now?” Innes said in a commentary. “This push to integrate AI into every corner of the corporate world risks backfiring when the technology is forced into roles it isn’t fully equipped to handle.” Hints about how U.S. consumers are doing are under particular scrutiny, since their spending will help determine if the U.S. economy will continue growing and avoid a recession. Shoppers are contending with high prices across the economy and still-high interest rates.
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