Samsung eyes AI funding in Mistral as Asia markets wake to mixed signals

1 min read
Source: CNBC
Samsung eyes AI funding in Mistral as Asia markets wake to mixed signals
Photo: CNBC
TL;DR Summary

Samsung stock climbs on reports it’s in talks to invest hundreds of millions in AI startup Mistral, while tech shares gain; oil prices edge higher on fresh U.S. strikes in the Middle East; Topsports slides after Nike plans to end online Nike sales in mainland China from 2027; HSBC warns of about $150 billion in HK IPO lock-ups due later this year; the yen hits a four-decade low prompting talk of intervention as Japan’s export growth accelerates; Asia-Pacific markets open higher with notable moves in Kospi and Nikkei amid earnings news from Pegasystems and Super Micro, plus caution from Jamie Dimon on equities at current levels.

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