From Financial Modeling Prep: 2024-11-21 04:06:25

Asian stock markets faced a downturn due to Nvidia’s disappointing earnings and fresh Adani Group controversies in India, sparking global tech concerns and localized scandals. Nvidia’s report impacted chip-related stocks in Asia, while Adani-related allegations led to sharp drops in Indian indices. The Hang Seng Index and Japan’s Nikkei also slid, reflecting cautious investor sentiment. Adani Enterprises plunged over 15%, impacting banking and infrastructure stocks in India. Investors should analyze sector P/E ratios and earnings growth using APIs to navigate market uncertainties and identify potential opportunities in oversold markets. Monitoring geopolitical risks and diversifying across regions and asset classes is crucial in volatile times.



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