{"text":[[{"start":8.26,"text":"Global equity markets rose on Tuesday amid a renewed vigour for the AI trade following Anthropic’s long-awaited release of its IPO documents."}],[{"start":17.2,"text":"The Nasdaq 100 closed 1 per cent higher on Monday after Anthropic’s filing, which showed ballooning revenues for the first half of the year, as well as a $112bn cash pile."}],[{"start":29.48,"text":"Asian markets were buoyant on Tuesday, with South Korea’s Kospi rising as much as 4 per cent, led by SK Hynix and Samsung, which were up 6.2 per cent and 4.6 per cent respectively in afternoon trading."}],[{"start":43.68,"text":"Japan’s Nikkei 225 rose about 2 per cent, with SoftBank up as much as 6.7 per cent, although the OpenAI investor has fallen by more than a quarter over the past month."}],[{"start":55.42,"text":"“There was a move overnight led by tech . . . which has led to a bounce in Asia, particularly in tech-heavy stock markets like the Kospi on the back of what’s happened in the US,” said Mitul Kotecha, head of Asian macro strategy for Barclays."}],[{"start":69.12,"text":"In recent months investors have expressed growing concern over the market’s appetite to provide the hundreds of billions of dollars of investment for the AI supercycle without clear indications of profitability from the labs building the models."}],[{"start":82.16,"text":"Jason Lui, head of Asia-Pacific equity and derivative strategy at BNP Paribas, called it an AI “relief rally” on Asian markets, with recent deals by SpaceX and Meta also providing “a confluence of positive news”."}],[{"start":96.24,"text":"Analysts suggested investors were looking at the key winners from a successful Anthropic IPO in Asia."}],[{"start":101.12,"text":"“I would say the obligations and commitments Anthropic discloses in the S1 will benefit [Korean] memory players and Taiwanese players related to the Google and Nvidia supply chains,” said Kieron Poon, investment director of Asian equities at Aberdeen Investments."}],[{"start":117.32,"text":"Chipmaker SK Hynix reports results on Wednesday, followed by rival Samsung Electronics on Thursday."}],[{"start":124,"text":"Futures for US markets pointed to further gains, with contracts tracking the S&P 500 and tech-heavy Nasdaq 100 slightly higher."}],[{"start":132.36,"text":"Oil prices fell for a second day, with Brent crude, the international marker, down about 0.8 per cent a barrel to $114.90 in Asian trading and WTI, the US benchmark, trading at about $101."}],[{"start":148.08,"text":"China’s benchmark CSI 300 bucked the trend, falling 0.2 per cent, while Hong Kong’s Hang Seng index was down 0.5 per cent, dragged lower by the Chinese companies listed in the territory."}],[{"start":160.44,"text":"“More broadly it’s a little bit of calm ahead of the [Federal Reserve] and we’re switching towards watching the [US] midterms,” said Kotecha. “Markets are in a wait-and-see mode.”"}],[{"start":175.27,"text":""}]],"url":"https://audio.ftcn.net.cn/album/a_1793078443_5804.mp3"}