{"id":897263,"date":"2026-10-28T07:12:12","date_gmt":"2026-10-28T07:12:12","guid":{"rendered":"https:\/\/www.newsbeep.com\/us\/897263\/"},"modified":"2026-10-28T07:12:12","modified_gmt":"2026-10-28T07:12:12","slug":"global-stock-markets-rise-as-investors-continue-to-bet-on-ai-financial-markets-news","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/us\/897263\/","title":{"rendered":"Global stock markets rise as investors continue to bet on AI | Financial Markets News"},"content":{"rendered":"

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Published On 28 Oct 202628 Oct 2026<\/p>\n

Global stock markets have climbed as investors continue to bet on bright prospects for the tech giants driving the AI boom.<\/p>\n

In the United States, all three major stock indexes rose on Tuesday, led by the tech-heavy Nasdaq Composite, which gained 1.18 percent.<\/p>\n

Recommended Stories list of 4 itemsend of list<\/p>\n

The benchmark S&P 500 rose 0.6 percent, while the narrower Dow Jones Industrial Average edged up 0.03 percent.<\/p>\n

Five of the \u201cMagnificent Seven\u201d tech stocks rose, led by Tesla, up 4.04 percent.<\/p>\n

Amazon gained 1.61 percent, while Apple and Alphabet gained 0.93 percent and 0.9 percent, respectively.<\/p>\n

Nvidia, the world\u2019s most valuable public company, rose almost 1 percent after announcing a $3bn investment in Meta\u2019s equity offering.<\/p>\n

Meta fell 1.64 percent, while Microsoft fell 0.24 percent.<\/p>\n

Other big movers in tech included Advanced Micro Devices, Broadcom and Intel, which gained 5.45 percent, 4 percent and 3.61 percent, respectively.<\/p>\n

Asia Pacific markets rally<\/p>\n

Gains continued in the Asia Pacific on Wednesday, with stock markets in Japan, South Korea, Taiwan and Australia climbing.<\/p>\n

The KOSPI in Seoul led the gains, with the benchmark index up 5.84 percent as of 03:00 GMT.<\/p>\n

The surge came as South Korea\u2019s SK Hynix, one of the world\u2019s top three memory chip makers, announced blockbuster third-quarter results on Wednesday, with operating profit soaring about 630 percent year-on-year to 83.33 trillion won ($62.8bn).<\/p>\n

SK Hynix shares listed in South Korea surged more than 8 percent following the results.<\/p>\n

In Tokyo, the benchmark Nikkei 225 was up 1.26 percent, while the TAIEX in Taipei was up 1.32 percent.<\/p>\n

The S&P\/ASX 200 in Sydney was up 0.11 percent.<\/p>\n

Investors are keenly anticipating upcoming earnings reports from major tech players as they try to gauge whether their massive investments in AI will pay dividends.<\/p>\n

Microsoft and Alphabet report their latest results on Wednesday, followed by Amazon on Thursday and Apple on Monday.<\/p>\n

On Monday, AI giant Anthropic filed paperwork for its hotly anticipated IPO, reporting a net loss of $80.7bn in the first half of 2026 on $16.3bn in revenue.<\/p>\n

Tech firms have poured hundreds of billions of dollars each into AI infrastructure, fuelling debate over whether a speculative market bubble could be forming similar to the one that preceded the 2000 dot-com crash.<\/p>\n

Global AI investment is forecast to hit $2.7 trillion in 2026 and $3.6 trillion in 2027, according to Gartner, a technology insights company.<\/p>\n

Oil prices, which have been elevated since the start of the US-Israel war on Iran, rose about 1 percent as Asian markets opened on Wednesday amid the ongoing conflict in the Middle East, including hostilities between Saudi Arabia and Yemen\u2019s Iran-aligned Houthis.<\/p>\n

Futures for Brent crude, the global benchmark, stood at about $115 a barrel, up 59 percent from before the war began.<\/p>\n","protected":false},"excerpt":{"rendered":"Published On 28 Oct 202628 Oct 2026 Global stock markets have climbed as investors continue to bet on…\n","protected":false},"author":2,"featured_media":897264,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[27],"tags":[28,4868,101,7905,3,21,1209],"class_list":["post-897263","post","type-post","status-publish","format-standard","has-post-thumbnail","category-business","tag-business","tag-business-and-economy","tag-economy","tag-financial-markets","tag-news","tag-united-states","tag-us-canada"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts\/897263","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/comments?post=897263"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts\/897263\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/media\/897264"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/media?parent=897263"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/categories?post=897263"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/tags?post=897263"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}