Asian stocks opened higher, with South Korea leading gains, while crude oil fluctuated amid mixed Middle East signals. Strong tech earnings supported US equity futures, which traded with caution after record highs. Markets reacted optimistically to President Trump’s statement on guiding ships through the Strait of Hormuz, though Iran issued a warning.
Infosys, Wipro, TCS and other IT stocks rise up to 3% amid US AI rout; is the bubble bursting?
In the wake of a worldwide AI stock decline, companies such as Infosys and TCS have seen their shares rise, demonstrating a contrasting trend. This