Asian stocks rebound as concerns over AI investment persist
📈 Asian markets reversed early losses on November 2. Japan’s Nikkei rose around 0.3%, while South Korean stocks gained 2.6%, as buyers returned following Friday’s selloff in US technology shares.
🧠 The focus remains on returns from AI investment. Expanding infrastructure budgets are prompting investors to scrutinize technology companies’ cash flow and the time needed to recover their spending.
💰 Goldman Sachs forecasts hyperscaler capital expenditure of approximately $800 billion in 2026 and $1.2 trillion in 2027. Spending growth could peak while total investment continues rising, putting pressure on valuations that depend on sustained acceleration.
🔎 Apple’s earnings and outlook are the next key developments to watch. The rebound suggests market sentiment has become less strained, but does not yet confirm that concerns over AI investment returns have eased.
#GlobalMarkets $ASTER
📈 Asian markets reversed early losses on November 2. Japan’s Nikkei rose around 0.3%, while South Korean stocks gained 2.6%, as buyers returned following Friday’s selloff in US technology shares.
🧠 The focus remains on returns from AI investment. Expanding infrastructure budgets are prompting investors to scrutinize technology companies’ cash flow and the time needed to recover their spending.
💰 Goldman Sachs forecasts hyperscaler capital expenditure of approximately $800 billion in 2026 and $1.2 trillion in 2027. Spending growth could peak while total investment continues rising, putting pressure on valuations that depend on sustained acceleration.
🔎 Apple’s earnings and outlook are the next key developments to watch. The rebound suggests market sentiment has become less strained, but does not yet confirm that concerns over AI investment returns have eased.
#GlobalMarkets $ASTER
