Asian Shares Decline As AI Rally Pauses

Asian stocks fell broadly on Friday, with South Korea and Japan leading losses due to heavy selling in major technology stocks.

An AI-driven rally that boosted stocks earlier this week fizzled out after chip giant Broadcom’s AI revenue projection fell short of expectations.

Lingering uncertainty over U.S.-Iran peace negotiations also kept regional markets under pressure.

Hezbollah rejected the latest ceasefire agreement between Israel and the Lebanese government, saying the “imaginary ceasefire” would amount to “a surrender, defeat and achieving the enemy’s goals.”