Rebound in tech shares pushes world markets higher, while oil prices fallPublished on: June 26, 2026 7:14 AM
Pakistan, June 26 -- World shares were mostly higher Thursday, led by tech-driven gains in Japan and South Korea as major computer chipmakers' stocks surged following upbeat earnings reports from U.S. giants like Qualcomm and Micron Technology.
Oil prices slipped closer to where they were before the war with Iran began.
Qualcomm's share price surged nearly 7% in afterhours trading after the company announced it had raised its forecast for revenue this year to $40 billion from $22 billion. It also announced a new computer chip for data centers called Dragonfly C1000 CPU that Meta plans to use.
Micron Technology's shares jumped 18.5% in afterhours trading after it upgraded its forecast and exceeded analysts' estimates. The future for the...
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