AI firms drive Japan stocks
The Japanese Nikkei index declined by 1.17%, reaching 64,911.99 points, due to a drop in the shares of AI and semiconductor companies, despite the market performing positively with about 60% of stocks rising. Although SoftBank Group's profits exceeded market expectations in the first quarter, its share price fell by 4.3%. Meanwhile, companies like Nintendo and Sony experienced gains thanks to strong demand for their products. Concerns remain over stock valuations, as investors continue to face uncertainty regarding the rebound in prices.
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