Japan's Nikkei Stock Average rose 0.8% to close at 39958.87 amid risk-on sentiment. "Equities worldwide continued to ride on the wave of U.S.' AI investment announcement, as well as blowout earnings from streaming giant Netflix,

Dow Jones Industrial Average rises 120.97 points, or 0.27 per cent, to 44,146.78. Read more at straitstimes.com.

Wall Street closed higher, with the S&P 500 index scoring an all-time high. Blowout Netflix results and plans for $500b AI investment fuel gains.

Netflix remains a strong player but lacks the upside potential and risk-reward balance to justify its valuation and is unlikely to outperform the market. Read more here.

SoftBank Group CEO Masayoshi Son is shifting his focus away from investments in China and toward the US, as seen with his involvement with President Donald Trump and the recently announced Stargate.

And if Trump follows through on his promises to impose widespread tariffs on imports and deport millions of immigrants, economists expect inflation could worsen — making it less likely the Federal Reserve will cut its key interest rate much this year.

We may now know roughly how much money SoftBank and OpenAI are contributing toward Stargate, OpenAI's massive data center project.

Masayoshi Son founded SoftBank in 1981. It has invested millions in some of Silicon Valley's biggest tech companies.

Find insight on Netflix, Microsoft, Cisco and more in the latest Market Talks covering Technology, Media and Telecom.

Masayoshi Son, the billionaire founder and CEO of SoftBank, the Japanese media technology conglomerate, is often cast as a dreamer, financial engineer, and speculator. But his career — which has spanned the launch of the personal computer and internet,

S&P 500 E-Mini futures (ESH25) are down -0.20%, andMarch Nasdaq 100 E-Mini futures (NQH25) are down -0.49% this morning, taking a breather after a strong rally this week, with investors turning their attention to U.