Global stock markets rise as investors continue to bet on AI

Asian stocks markets rise, following gains on Wall Street.Global stock markets have climbed as investors continue to bet on bright prospects for the tech giants driving the AI boom.In the United States, all three major stock indexes rose on Tuesday, led by the tech-heavy Nasdaq Composite, which gained 1.18 percent.Recommended Stories list of 4 itemslist 1 of 4A bad day for Ben-Gvir as he addresses his supporterslist 2 of 4President Lula calls Bolsonaro’s Brazil exit ‘shameful’list 3 of 4Gaza’s women filmmakers turn pain into cinema as new academy launcheslist 4 of 4‘This is America’: US envoy scolds Cuban diplomat at UNend of listThe benchmark S&P 500 rose 0.6 percent, while the narrower Dow Jones Industrial Average edged up 0.03 percent.Five of the “Magnificent Seven” tech stocks rose, led by Tesla, up 4.04 percent.Amazon gained 1.61 percent, while Apple and Alphabet gained 0.93 percent and 0.9 percent, respectively.Nvidia, the world’s most valuable public company, rose almost 1 percent after announcing a $3bn investment in Meta’s equity offering.Meta fell 1.64 percent, while Microsoft fell 0.24 percent.Other big movers in tech included Advanced Micro Devices, Broadcom and Int...