Asian stocks followed Wall Street higher on Wednesday, with tech stocks leading the surge after American data analytics company Palantir reported robust second-quarter results and raised its full-year revenue forecast.
AMD and SpaceX also reported strong growth figures, but their shares fell in after-hours trading following recent runup.
Brent crude futures traded above $80 a barrel after two days of losses amid rising optimism over a potential interim agreement to reopen the Strait of Hormuz.
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Market Analysis
Asian Shares Follow Wall Street Higher Amid Easing AI, Middle East Concerns
2026-08-05 08:38:31
