Morning Bid: Asia gets AI fever as Oracle surges
A look at the day ahead in European and global markets from Stella Qiu It was Oracle mania that lighted a fire under Asian tech stocks on Thursday, as Japan, Taiwan and South Korea set records in what was otherwise set to be a subdued session before high-stakes U.S. inflation data. Tech investor SoftBank surged 9% in Tokyo after Stargate Project partner Oracle soared 36% in its biggest one-day gain since 1992, taking the 48-year-old tech firm close to the exclusive $1 trillion market-cap club. That was ...