Japanese Market Rallies Amid Semiconductor and AI Surge, Bitcoin Hits USD 85,000

The Japanese market is experiencing a rally in semiconductor and AI-linked shares, which is boosting Japanese stocks. This trend is also evident globally, with semiconductor-related companies performing well. The Japanese Nikkei index is benefiting from the strength in AI-linked shares, with semiconductor-related companies driving the gains. This follows a recent surge in the US semiconductor sector, which has renewed interest in technology stocks.

Deepslate, a Berlin-based AI laboratory, has secured €7.7 million in seed funding to develop its speech-to-speech AI model. The model can process audio directly and respond in 250 milliseconds. The funding was led by 42CAP, with Alstin Capital and others participating.

Aon's Campus Study Report 2026-27 projects median compensation for IIT graduates at Rs 16.46 lakh per annum, unchanged from the previous year. For IIM MBA graduates, the median salary is projected to remain at Rs 26 lakh. Google has introduced Gemini 4 Argon, its most capable AI model, designed for long, multi-step tasks. The model currently tops 13 of 18 benchmarks against models from OpenAI and Anthropic.

Bitcoin briefly crossed USD 85,000 after softer-than-expected US PCE inflation data. The data reduced market expectations for an October Federal Reserve rate hike, briefly lifting risk-asset demand. However, the move later faded as the 10-year Treasury yield remained near 5.3%.