Asian Markets Slide Following Underwhelming Nvidia Earnings

1 min read
Source: Yahoo Finance
Asian Markets Slide Following Underwhelming Nvidia Earnings
Photo: Yahoo Finance
TL;DR Summary

Asian stocks fell due to Nvidia's disappointing revenue forecast and geopolitical tensions, particularly the Russia-Ukraine conflict. Nvidia's earnings outlook affected its suppliers and global markets, while Indian stocks were hit by charges against Gautam Adani for alleged bribery. Bitcoin reached a record high, and Taiwan Semiconductor and SK Hynix shares dropped. Meanwhile, Japan plans a $140 billion stimulus package, and Starbucks is considering selling a stake in its Chinese operations.

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