ASIAN STOCKS EDGED LOWER TO START A PIVOTAL WEEK, WITH MSCI ASIA PACIFIC DOWN 0.1% AND SOUTH KOREA'S KOSPI FALLING 1.2% AS INVESTORS TURNED CAUTIOUS AHEAD OF NVIDIA'S EARNINGS AND FEDERAL RESERVE CHAIR KEVIN WARSH'S SPEECH AT JACKSON HOLE, WITH THE AI SECTOR THE MAIN FOCUS AFTER ALIBABA LAUNCHED A HK$80 BLN ($10.2 BLN) SHARE SALE TO FUND ITS AI EXPANSION AND NVIDIA REPORTEDLY NOTIFIED CUSTOMERS OF UPCOMING PRICE INCREASES FOR NEXT-GENERATION AI SYSTEMS.

ASIAN STOCKS EDGED LOWER TO START A PIVOTAL WEEK, WITH MSCI ASIA PACIFIC DOWN 0.1% AND SOUTH KOREA'S KOSPI FALLING 1.2% AS INVESTORS TURNED CAUTIOUS AHEAD OF NVIDIA'S EARNINGS AND FEDERAL RESERVE CHAIR KEVIN WARSH'S SPEECH AT JACKSON HOLE, WITH THE AI SECTOR THE MAIN FOCUS AFTER ALIBABA LAUNCHED A HK$80 BLN ($10.2 BLN) SHARE SALE TO FUND ITS AI EXPANSION AND NVIDIA REPORTEDLY NOTIFIED CUSTOMERS OF UPCOMING PRICE INCREASES FOR NEXT-GENERATION AI SYSTEMS.

Source:https://x.com/FirstSquawk/status/2091687161410253036