Asian Markets Soar Amid AI Tech Uncertainty

Asian markets surged despite concerns over AI technology. The Nikkei 225 rebounded, while AI-related stocks like Oracle struggled. Global indexes showed mixed results as investors awaited central bank decisions. The Federal Reserve's interest rate cut fueled optimism, even as doubts about AI investment lingered.

Asian shares rose on Friday, tracking Wall Street's climactic records despite Oracle's sell-off amidst ongoing concerns over a potential artificial intelligence technology bubble.

Global markets experienced mixed outcomes, with Japan's Nikkei index climbing back after previous losses and investors remaining cautious ahead of the Bank of Japan's anticipated interest rate decision.

Meanwhile, despite AI-driven stock fluctuations, optimism was fueled by the Federal Reserve's recent interest rate cuts, highlighting persistent apprehensions about AI industry investments.

(With inputs from agencies.)