Chinese Stocks See Longest Foreign-Buying Streak in a Year

From Yahoo Finance: 2024-04-30 20:00:00

Tech giants Amazon.com, Microsoft, and Alphabet report strong sales in cloud computing units, driven by growing interest in AI. The $270 billion cloud infrastructure market is thriving, fueling optimism and record-high stock prices. Many corporate customers are increasing cloud spending after cost-cutting measures last year, signaling a rebound in AI investment.



Read more at Yahoo Finance: Chinese Stocks See Longest Foreign-Buying Streak in a Year