Asian stocks climbed after gauges of US and global equities hit fresh records, with investor sentiment boosted by the Federal Reserve's rate cut and its upbeat assessment of the US economy. Despite the record high, some caution for tech names persisted, as Broadcom Inc.'s shares slid in late trading after the chipmaker's outlook for artificial intelligence revenue failed to meet investors' lofty expectations. For more on the market action, we spoke to Steven Schoenfeld, CEO of MarketVector Indexes.

Plus - Dara Khosrowshahi, CEO at Uber, says he expects to offer robotaxi services in more than 10 markets by the end of next year as the company discusses rules for the autonomous rides with regulators. He speaks with Annabelle Droulers on "Bloomberg: The Asia Trade".

See omnystudio.com/listener for privacy information.