AI fervor takes over Wall Street

From CNBC:

Nikkei 225 hits fresh high as markets resume trading after the weekend. Topix also gains. Wall Street wraps last week on a positive note with S&P 500 and Dow closing at all-time highs. Nasdaq Composite lost but touched a 52-week high.

Xiaomi bets big on EV with premium price aimed at 20 million users. Doubts linger due to the company’s reputation for lower-priced products.

South Korea introduces new measures to improve corporate governance and boost stock market valuations.

Berkshire Hathaway’s operating earnings surge 28% in Q4, reaching record cash pile. Full year operating earnings rose to $37.35 billion.

Chinese AI stocks surge, led by Baidu which is set to release earnings this week.

Market euphoria continues on Wall Street with Nvidia driving stock rally. All three indexes rose over 1% last week, Dow and S&P post record closes. Optimism remains high due to strong earnings growth.



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