(Bloomberg) — Asian equities climbed with US stocks futures after Nvidia Corp.’s better-than-expected sales forecast provided fresh impetus to the AI-led rally in global stocks. Japanese stocks rallied, with the Nikkei 225 Index topping a record intraday peak reached in 1989, driven by gains in technology shares and chip-gear producers. South Korea equities rose, while…
(Reuters) -Australia's flag carrier Qantas Airways Ltd on Thursday posted a 12.8% fall in first-half profit and announced an additional on-market stock buyback of up to A$400 million. That marginally missed a consensus estimate of A$1.26 billion, according to Jefferies. Henry Jennings, a senior analyst at Marcustoday Financial Newsletter, said it is a positive to do another buyback, especially given the capital requirements of the company but does put some support under the stock.