Tech Rally Propels Emerging Stocks to Best Week Since July

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Corporate Earnings,Taiwan Semiconductor Manufacturing Co.,Artificial Intelligence

(Bloomberg) -- Emerging-market stocks rose Friday, cementing their biggest weekly advance in nine months, as Asian technology stocks got a boost from US...

-- Emerging-market stocks rose Friday, cementing their biggest weekly advance in nine months, as Asian technology stocks got a boost from US corporate earnings that confirmed booming demand for artificial intelligence.Javier Milei Fuels Wild Rally That Makes Peso No. 1 in WorldBillionaire Stephen Ross Believes in South Florida—and Is Spending Big to Transform It

Strong US earnings reports are emboldening analysts to raise their forecasts for profits at emerging-market companies. The average forecast for 12-month earnings among the MSCI gauge’s members has increased to the highest level since September 2022. That increase is also led by Asian tech names. At the end of the day, Bolivia’s credit rating was cut further into junk by Moody’s Ratings. The credit assessor said falling foreign-exchange reserves threaten a balance-of-payments crisis for the South American nation.Caught Between the US and China, a Powerful AI Upstart Chooses SidesTrump Media & Technology Group is one of the most actively traded U.S. stocks, yet Wall Street's equity analysts are staying clear. Shares of the company that operates former U.S.

 

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