Nikkei Average up ¥1,124 in morning trading as buying of “AI adoption and utilization” stocks becomes pronounced

The story

The Nikkei rebounded in Tokyo trading on the 16th, with the morning close up ¥1,124.73 from the previous day. Buying of stocks related to AI adoption was pronounced across the market, with BayCurrent and SHIFT shares bought up to near the upper price limit cited as one factor.

Shares of US-based CoreWeave, which operates cloud services for AI applications, rebounded on the 15th, helping to bolster buying sentiment. Following these moves, some market participants viewed buying catalysts for AI-related stocks as supporting the market as a whole.

At a glance

MarketMorning close: ¥66,550.68, up ¥1,124.73 from the previous day

NatureStock picking focused on AI adoption has become pronounced

CompanyBayCurrent and SHIFT shares were bought up to near the upper price limit

CausationCoreWeave's rebound on the 15th supported buying sentiment

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