Asia shares bend under AI stress; Apple earnings loom

AI-generated NewsSnap summary based on source reporting.
Published: 2026-11-02T03:00:00Z
Category: finance
Source: Reuters (via Investing.com)

Asian markets, including Japan's Nikkei and South Korea, saw declines, while Wall Street futures edged up. Concerns about negative cash flow and the sheer scale of AI capital expenditure are impacting corporate default insurance costs, and gold hit a one-year low. Withdrawals from Binance after a recent hack also added to market unease. Upcoming economic data includes the influential US ISM survey of manufacturing for October later Monday, and the all-important payrolls report on Friday.

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