Stock market today: Asian shares shrug off latest Wall St rout as Chinese factory activity weakens.

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Government Pension Investment Fund,Taiwan Semiconductor Manufacturing Corp.,Federal Reserve

Asian shares were higher on Friday as investors shrugged off yet another decline on Wall Street, while an official survey showed a weakening in Chinese...

Asian shares were higher on Friday as investors shrugged off yet another decline on Wall Street, while an official survey showed a weakening in Chinese factory activity.

That followed a 3.8% drop for Nvidia on Thursday after massive gains driven by Wall Street’s frenzy around artificial-intelligence technology. Among other gainers, C3.ai jumped 19.4% after the software company topped expectations for both profit and revenue in the latest quarter. HP gained 17% after edging past forecasts for earnings.

Here are two Canadian stocks that have created substantial wealth for patient shareholders. Here's why they should continue to succeed. The post 2 Magnificent Tech Stocks That Have Created Many Millionaires, and Will Continue to Make More appeared first on The Motley Fool Canada.The Bank of Canada will trim interest rates to 4.75% on June 5, according to three-quarters of economists in a Reuters poll which showed three further cuts this year, with the last one hanging on a knife's edge.

 

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