Microsoft CorporationMSFT
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Impact on stocks 2
Artificial Intelligence
Microsoft CorporationSemiconductors
TE Connectivity LtdTEL
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Microsoft CorporationTE Connectivity LtdThe Nikkei index on the Tokyo stock market closed up more than 4% today, after strong earnings from artificial intelligence and semiconductor companies in both the US and Japan eased investor concerns. The Nikkei ended the session at 64,362.02 points, up 2,494.59 points or 4.03%. During the day, the index surged more than 5%, marking the third-largest intraday point gain in history, before paring gains in the afternoon on profit-taking. Market sentiment was supported by better-than-expected results from Microsoft and robust earnings from Tokyo Electron, which were announced after the market close on Thursday. Masahiro Ichikawa, chief market strategist at Sumitomo Mitsui DS Asset Management, said that while the market is likely to remain volatile, the chances of a sharp decline are probably limited, as the index had already approached the 60,000 level earlier in the week.
Microsoft CorporationTE Connectivity Ltd