Topic
Business China US

AI fuels Asian stock gains

3m

Asian stocks climbed as technology shares rallied on renewed AI momentum driven by demand for new AI apps from US tech giants, while investors remained cautious ahead of Xi’s trip.

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Many of you have heard me say for a while now that earnings from tech companies in particular have acted as a powerful shield for stock markets, deflecting what has been a notable series of external shocks. This chart from John Authers illustrates the point.
#economy #markets #tech #investing
September 23, 2026 at 10:07 AM
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Nice reality check on the AI hype and why the techbros promote this BS: www.technologyreview.com/2026/09/22/1...
Don’t be fooled by this summer of AI hype
Breathless claims about AGI and new capabilities fall apart pretty quickly under scrutiny.
www.technologyreview.com
September 23, 2026 at 3:39 AM