Asia stocks wobble but set for weekly gains on Iran peace hopes and AI boost

Asian equities eased on Friday as investors booked profit after a strong week, but markets remained on track for a sharp weekly gain buoyed by hopes for renewed U.S.-Iran diplomacy and a tech rally led by AI demand; Japan’s Nikkei slipped about 0.8% (still up ~3.5% for the week), Korea’s KOSPI rose (~6% week), and China posted weekly gains on solid Q1 GDP data, amid easing geopolitical risk and a backdrop of record U.S. closes and softer oil prices around the low-$90s to high-$90s.