Emerging Stocks Jump to 2021 High as AI Frenzy Fuels Tech Rally

BloombergThursday, October 2, 2025 at 9:04:39 AM
Emerging Stocks Jump to 2021 High as AI Frenzy Fuels Tech Rally
Emerging-market equities have surged to their highest levels since 2021, marking a significant milestone as optimism surrounding artificial intelligence continues to drive the tech sector. This rally, spurred by a landmark share sale from OpenAI, reflects a broader positive sentiment in global markets, highlighting the growing confidence in technology's potential to reshape economies.
— Curated by the World Pulse Now AI Editorial System

Was this article worth reading? Share it

Recommended Readings
OpenAI Becomes Most Valuable Startup, US Shutdown Enters 2nd Day | The Opening Trade 10/2
PositiveFinancial Markets
OpenAI has officially become the most valuable startup in the world, surpassing SpaceX with a staggering $500 billion valuation following a successful share sale. This milestone not only highlights OpenAI's rapid growth and influence in the tech industry but also reflects the increasing importance of AI technologies in today's economy. Meanwhile, the US government shutdown continues, with significant implications for federal funding and employment, adding a layer of complexity to the economic landscape.
OpenAI hits $500 billion valuation after share sale to SoftBank, others, source says
PositiveFinancial Markets
OpenAI has reached a remarkable $500 billion valuation following a recent share sale to SoftBank and other investors. This milestone not only highlights the growing confidence in AI technologies but also positions OpenAI as a leader in the industry. The influx of capital will likely accelerate its research and development efforts, paving the way for innovative advancements that could reshape various sectors.
Samsung, SK Hynix shares leap after OpenAI chip deal
PositiveFinancial Markets
Shares of Samsung and SK Hynix have surged following a significant deal with OpenAI to supply advanced chips. This partnership highlights the growing demand for high-performance semiconductors in AI applications, signaling a positive outlook for both companies in the tech industry. Investors are optimistic about the potential for increased revenue and innovation, making this development a key moment for the semiconductor market.
Oil May Be Answer to Data Center Power Demand, BofA Says
PositiveFinancial Markets
In a recent interview, Francisco Blanch from Bank of America highlighted the potential role of oil in meeting the soaring power demands of artificial intelligence data centers. With electricity prices hitting record highs, he suggests that oil, which currently accounts for about a third of our energy consumption, could see a resurgence if prices remain low. This insight is significant as it opens up discussions on energy diversification and the future of power generation in the tech industry.
Global Chipmakers Add $200 Billion in Record Rally on AI Frenzy
PositiveFinancial Markets
Global chipmakers have experienced a remarkable surge in market value, adding $200 billion as investors flock to capitalize on the artificial intelligence boom. This rally highlights the growing confidence in tech stocks, which are reaching unprecedented heights. The excitement around AI is not just a trend; it signifies a transformative shift in technology that could reshape industries and drive future innovations.
SK Hynix and Samsung shares leap after OpenAI deal
PositiveFinancial Markets
SK Hynix and Samsung have seen a significant boost in their stock prices following a new partnership with OpenAI, led by Sam Altman. This collaboration aims to supply advanced chips for the Stargate project, which is expected to enhance AI capabilities. The deal not only highlights the growing demand for AI technology but also positions these companies at the forefront of innovation in the tech industry.
OpenAI valued at record $500 bln in latest share sale, Bloomberg reports
PositiveFinancial Markets
OpenAI has reached a remarkable valuation of $500 billion following its latest share sale, according to Bloomberg reports. This milestone not only highlights the growing confidence in AI technologies but also positions OpenAI as a leader in the industry. Such a valuation reflects the increasing demand for innovative AI solutions and could pave the way for further advancements and investments in the field.
OpenAI generates $4.3 billion in revenue in first half of 2025, the Information reports (Sept 29)
PositiveFinancial Markets
OpenAI has reported an impressive $4.3 billion in revenue for the first half of 2025, according to a recent report by the Information. This significant financial achievement highlights the growing demand for AI technologies and the company's strong position in the market. As AI continues to evolve and integrate into various sectors, OpenAI's success not only reflects its innovative capabilities but also sets a benchmark for other tech companies in the industry.
Samsung, SK Hynix shares soar on OpenAI Stargate supply deal
PositiveFinancial Markets
Samsung and SK Hynix have seen a significant rise in their stock prices following a lucrative supply deal with OpenAI for their Stargate technology. This partnership not only highlights the growing demand for advanced AI technologies but also positions both companies as key players in the tech industry. Investors are optimistic about the potential for increased revenue and innovation, making this development a noteworthy milestone in the tech landscape.
Samsung, SK Hynix to Supply Gear for OpenAI’s Stargate
PositiveFinancial Markets
Samsung and SK Hynix are teaming up to provide essential semiconductors and equipment for OpenAI's ambitious Stargate data center project. This collaboration highlights the growing importance of advanced technology in AI development and showcases how major players in the semiconductor industry are stepping up to support innovative initiatives. As AI continues to evolve, partnerships like this could significantly enhance the capabilities of data centers, making them more efficient and powerful.
Rick Perry’s REIT Fermi Surges 55% After $683 Million IPO
PositiveFinancial Markets
Fermi Inc., led by Rick Perry, saw its shares soar 55% on their first day of trading after raising $682.5 million in its IPO. This impressive debut highlights the growing investor interest in sectors tied to the booming artificial intelligence market, signaling a strong appetite for innovative energy solutions.
US jobs market yet to be seriously disrupted by AI, finds Yale study
NeutralFinancial Markets
A recent study from Yale University reveals that the US jobs market has not faced significant disruption from artificial intelligence advancements, particularly since the launch of ChatGPT in November 2022. The research indicates that changes in job types have been relatively slow, especially when compared to the rapid shifts seen in the 1940s and 50s. This finding is important as it suggests that while AI is evolving, its immediate impact on employment may not be as drastic as some have feared.
Latest from Financial Markets
Dragonfly Energy stock soars after securing Nevada Tech Hub funding
PositiveFinancial Markets
Dragonfly Energy's stock has seen a significant increase following the announcement that the company has secured funding from the Nevada Tech Hub. This funding is crucial as it will enable Dragonfly to expand its operations and innovate in the energy sector, particularly in battery technology. The boost in stock price reflects investor confidence in the company's future prospects and the growing importance of sustainable energy solutions.
Big 5 Sporting Goods completes merger with Worldwide Sports Group and announces Nasdaq delisting
NeutralFinancial Markets
Big 5 Sporting Goods has successfully completed its merger with Worldwide Sports Group, marking a significant step in its business strategy. This merger is expected to enhance their market presence and operational efficiency. However, the company also announced its delisting from Nasdaq, which may raise questions about its future in the public market. This development is important as it reflects the ongoing changes in the retail landscape and the strategies companies are adopting to stay competitive.
Piper Sandler lowers Kimberly Clark stock price target to $145 on near-term pressure
NegativeFinancial Markets
Piper Sandler has reduced its price target for Kimberly Clark's stock to $145, citing concerns over near-term pressures affecting the company's performance. This adjustment reflects a cautious outlook on Kimberly Clark's ability to navigate current market challenges, which could impact investor confidence and stock performance in the coming months.
Autodesk stock investor day preview: Piper Sandler maintains Overweight
PositiveFinancial Markets
Autodesk's upcoming investor day is generating excitement, especially with Piper Sandler maintaining an 'Overweight' rating on the stock. This endorsement suggests confidence in Autodesk's growth potential and strategic direction, which could attract more investors and positively impact the stock price. As the company prepares to share its vision and updates, stakeholders are keen to see how these insights will shape future performance.
Adidas stock rating reiterated at Overweight by Piper Sandler
PositiveFinancial Markets
Adidas has received a positive boost as Piper Sandler has reiterated its stock rating at Overweight. This endorsement reflects confidence in Adidas' market position and potential for growth, which is significant for investors looking for stable opportunities in the retail sector. With the ongoing recovery in consumer spending, this rating could attract more investors and enhance Adidas' stock performance.
Argentina is a ’beacon’ in Western Hemisphere, US’s Bessent says
PositiveFinancial Markets
In a recent statement, US official Bessent praised Argentina as a 'beacon' in the Western Hemisphere, highlighting its role as a leader in regional cooperation and democracy. This recognition is significant as it underscores Argentina's influence and potential in shaping positive change in Latin America, especially in times of political and economic challenges.