Asian stocks rise as Nvidia earnings beat lifts tech
Asian shares extended gains for a third consecutive day after Nvidia reported strong quarterly revenue. The upbeat earnings report helped revive investor confidence following firm inflation data.
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Asian stocks rose for a third consecutive session on Thursday morning as NVIDIA CORP reported stellar earnings, lifting regional tech shares despite persistent inflation concerns in the United States.. MSCI's broadest index of Asia-Pacific shares outside Japan gained 0.2% following the blowout results. The tech rally helped markets look past hotter-than-expected economic data from overseas.
