"Tech Boom Drives Record Asian Stock Market Rally"

Asian stocks rose for a second day, following a global rally in equities that saw markets in the US, Europe, and Japan hit all-time highs. Most notably, Nvidia's market capitalization surged, driven by the AI computing boom. The bullish mood in Asia was also supported by a buoyant outlook for Nvidia and strong economic data from the US. Meanwhile, China's economic slowdown and concerns about property-sector improvement were also in focus. In the US, traders took more hawkish Fed commentary in stride, and in commodities, oil slipped while gold fluctuated.