AI sector fears ease, markets rally globally

Asian and European stock markets hit record highs Wednesday as concerns about overvalued AI sector risks diminished. Tech shares rebounded after AI company Anthropic's presentation emphasized compatibility with existing programs. Seoul's Kospi topped 6,000 points for the first time, led by Samsung and SK hynix. London's HSBC jumped six percent after strong 2025 earnings. The yen retreated against the dollar amid reports Japanese PM Takaichi expressed rate hike concerns to Bank of Japan governor Ueda. Global equities gained as the 'apocalyptic AI narrative takes a small step back' according to analyst Matt Britzman. Focus shifts to Nvidia's earnings release, with analysts warning conservative guidance could impact AI sector optimism.

SOURCE: https://www.channelstv.com/2026/02/25/stock-markets-hit-record-highs-on-easing-ai-concerns/