Asian Shares and US Futures Rebound as Investors Weigh AI and Earnings

WHO:

[07:30 GMT] - Al Jazeera - Cameron Chui, Asia equity strategist at JP Morgan Private Bank in Hong Kong, said the drawdown in AI infrastructure stocks reflected tighter financial conditions, scrutiny of credit availability for neocloud companies, and uncertainty about possible delays to AI development.

[07:30 GMT] - Al Jazeera - Nvidia’s board of directors said it had confidence in CEO Jensen Huang and no reason to believe national security or company secrets were compromised. The board said Huang supported its inquiry and pledged full cooperation.

[07:30 GMT] - CNBC - Liz Ann Sonders, chief investment strategist at Schwab Center for Financial Research, said the Nasdaq and Nasdaq-100 were oversold and traders had heavily reduced risk.

[07:30 GMT] - CNBC - Sonders said: “Retail has not proven to be the dip buyers that they have been in the past,” and “we may not fully be washed out yet.”

WHAT:

[07:30 GMT] - Al Jazeera - Asian markets rebounded after a technology selloff: Taiwan’s Taiex closed up 4.94%, Japan’s Nikkei 225 rose 2.33%, and Australia’s S&P/ASX 200 gained 0.099%. South Korea’s KOSPI fell 0.8% after rising about 1.7%; Hong Kong’s Hang Seng fell 0.22%.

[07:30 GMT] - CNBC - U.S. futures were slightly higher: S&P 500 futures gained 0.1%, Nasdaq 100 futures rose 0.3%, and Dow futures added 101 points, or 0.2%.

[07:30 GMT] - Al Jazeera - S&P 500 futures were up 0.17% and Nasdaq 100 futures down 0.24% as of 07:30 GMT.

[07:30 GMT] - CNBC - Friday’s U.S. session saw the Nasdaq Composite rise 1.09% to 24,579.42 and the S&P 500 gain 0.31% to 7,376.86; the Dow fell 237.33 points, or 0.46%, to 51,285.73.

[07:30 GMT] - Al Jazeera - Nvidia announced an independent board inquiry into Huang’s relationship with a woman accused of being a Chinese spy. The board said it would examine “all available information.”

[07:30 GMT] - CNBC - Nvidia’s board opened an investigation into Huang’s relationship with a businesswoman U.S. intelligence agencies say is a Chinese spy; a proxy for Nvidia shares fell 2% over 24 hours on Hyperliquid.

[07:30 GMT] - CNBC - Vanda Research reported Thursday was the biggest day of retail selling since the Covid pandemic.

WHERE:

[07:30 GMT] - Al Jazeera - The reported market movements involved Tokyo, Taipei, Sydney, Seoul, Hong Kong, and Wall Street.

[07:30 GMT] - CNBC - Asian markets were mixed; Japanese equities rose while South Korean and Australian equities declined.

WHY:

[07:30 GMT] - Al Jazeera - Reports linked the selloff to concerns that Democratic-controlled legislatures could slow data-center construction and AI development; the results were followed by a $2.5 trillion Wall Street selloff.

[07:30 GMT] - CNBC - Investors remained cautious over stronger-than-expected jobs data and fears that regulation of data-center construction, energy use, and development costs could slow AI infrastructure investment.

[07:30 GMT] - Al Jazeera - Chui said AI demand and adoption remained strong and 2027 capital-expenditure visibility was high, while earnings downside risks for 2028 had materially risen.

HOW:

[07:30 GMT] - CNBC - Investors were watching inflation data, company earnings, capital-expenditure plans, and future profit margins to assess technology stocks and the outlook for Federal Reserve policy.

(UPDATED November 9, 2026 13:01 UTC)

Asian markets rebounded after a technology selloff, though South Korea and Hong Kong declined. Nvidia’s board is investigating CEO Jensen Huang’s relationship with an alleged Chinese spy. Investors fear tighter financing and regulation could slow artificial intelligence investment.