
Asian technology stocks rallied on Wednesday after Wall Street's record-setting session fueled optimism around artificial intelligence and growth stocks.
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Stocks rallied on Tuesday as the S&P 500 and the Dow Industrials closed at new records.
Beijing's move to tax offshore trusts, long used by China's ultra-rich to hold money, has set off a rush to lawyers and a scramble for cash.
Asian travelers' appetite for Europe remains resilient despite record-breaking heat, with spending in Northern Europe projected to increase.
The company didn't provide updated guidance. New CEO Silvio Napoli earlier this year suspended production expectations.
In China's biggest electronics marketplace, Huaqiangbei, technicians don't have the parts to make exact copies of Apple's latest phones.
Pinterest reported better-than-expected earnings and revenue for the second quarter, though its forecast was online in line with estimates.
These are the stocks posting the largest moves after the bell.
CNBC's Jim Cramer said the collapse of AI-focused hedge fund Situational Awareness removed a major source of forced selling.







