Asian shares were mostly higher on Thursday after a mixed finish on Wall Street, where shares in Nvidia, Palantir and other superstar stocks pared their earlier steep losses.

Hedge funds led by billionaires Israel Englander and Chris Rokos sold Nvidia and bought Palantir stock in the first quarter.

U.S. stock indexes ended mixed after Nvidia, Palantir and other superstar stocks pared most of their steep losses from the ...