
Asian Markets Slide Following Underwhelming Nvidia Earnings
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.
