AI Boom Sparks $1 Trillion Asian Stock Rebound, Is Bitcoin Next?

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The post AI Boom Sparks $1 Trillion Asian Stock Rebound, Is Bitcoin Next? appeared first on Coinpedia Fintech News

Asian markets staged one of their strongest rebounds in history as the market turned positive around artificial intelligence (AI) returned following blockbuster earnings from Microsoft and Amazon. Nearly $1 trillion was added to Asian stock in a single session, with semiconductor stocks leading the rally after investors regained confidence that AI spending remains strong despite …