Asian stocks opened higher, mirroring record highs in US and global equities following the Federal Reserve’s interest-rate cut. SoftBank Group saw a significant jump, while caution lingered for some tech names despite the broader rally. The market anticipates continued momentum into year-end and potentially 2026.
AI stocks: Midterm elections could threaten AI trade as data center backlash grows
Public opposition to US data centers and the November midterm elections could reshape AI infrastructure investment. Increased regulatory scrutiny, rising electricity costs and construction delays