Japan’s Sanae Takaichi and her ruling Liberal Democratic Party won an overwhelming majority in Sunday’s election, Sweeping the vast majority – meaning the Liberal Democrats have two-thirds or more of the seats in the lower house – and welcome her back as the country’s prime minister.

The outcome gives the city wide latitude to pursue her agenda, which includes increasing spending and suspending some food-related taxes. Japanese stocks climbed to record highs on Monday, while JPY It rose to $156.88 against the U.S. dollar, reflecting renewed investor confidence following the election results.

The optimism comes after a sharp rebound in U.S. markets on Friday, when technology stocks such as NVIDIA, Broadcomand Oracle Lead the charge.

“We’re in the midst of an AI gold rush right now,” said Gabriel Shahin, founder of Falcon Wealth Planning. “There will be money being deployed…it’s just the merry-go-round (of money flows) that sometimes scares people.”

The rebound pushed major benchmarks higher. this Dow Jones Industrial Average It rose 2.47% and closed above 50,000 points for the first time. this S&P 500 Index rose 1.97% – putting it back in the green for 2026 after dipping into negative territory after Thursday’s close – while Nasdaq Composite Index up 2.18%.

In Europe, Italian banks UniCredit Bank released its Best ever annual net profit 10.6 billion euros ($12.6 billion) by 2025 thanks to its stake Commerzbank and alfa bank. The bank also raised its revenue and profit forecast for this year. Learn more CEO Andrea Orcel discusses the bank’s earnings”European scream box.“

At the same time, political pressure continue building About British Prime Minister Keir Starmer. his chief of staff morgan mcsweeney resign on sundaywas responsible for advising Starmer to appoint Peter Mandelson as ambassador to the US – despite Mandelson’s past links with sex offender Jeffrey Epstein.

With Starmer’s public support slipping, some members of the Labor Party are openly questioning his political future – a far cry from the unity Takaashi displayed on Sunday.

Big tech companies lose more than $1 trillion in valuations Overall over the past week, according to FactSet data. The downtrend is coming Amazon, Microsoft, NVIDIA, Yuan, Google and Oracle. Amazon alone has lost more than $300 billion in market value.

Silicon Valley’s most famous people They were discovered in documents recently released by the U.S. Department of Justice related to sex offender Jeffrey Epstein. In addition to Elon Musk and Bill Gates, Names include Google co-founder Sergey Brin, venture capitalist Peter Thiel and LinkedIn co-founder Reid Hoffman.

Jimmy Lai was sentenced to 20 years in prison Monday, in one of most prominent prosecution According to the national security law implemented by China. Media tycoon, founder Democratic newspaper Apple DailyIn December last year, he was convicted on charges including colluding with foreign powers.

The Dow closed above 50,000 for the first time. major U.S. indexes jumped on friday As tech stocks rebound. Asia-Pacific markets generally rose on Monday. Japanese Nikkei 225 Index The index breached the 57,000 mark for the first time in early trading. Chinese chip designer Montage Technology The stock price surged about 60% after listing on the Hong Kong Stock Exchange.

(PRO) Tech giants sold off in China last week. However, the reasons behind this move different from the united statesanalysts said.

Private credit worries resurface in $3 trillion market as artificial intelligence puts pressure on software companies

Private credit markets are facing new uncertainty as artificial intelligence-driven tools begin to put pressure on software companies, a major borrower group for private lenders. Shares of asset managers with large private credit franchises tumbled last week as investors worried that artificial intelligence could upend borrowers’ business models, put pressure on cash flows and ultimately raise default risks.

The moves triggered growing unease in private credit markets. Market observers say it must now contend with the fallout from disruption in the artificial intelligence-driven software industry, which is heavily exposed to acquisitions financed by opaque, illiquid loans.

——Li Yingshan