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Futures Drop On Souring Chipmaker Sentiment, Kospi Plunge
“Following a period of upward revisions to earnings expectations across the sector, investors are taking a more selective approach to new information and guidance updates,”
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straitstimes.com
Asia tech stocks slide as cracks emerge in AI rally
The sell-off was biggest in South Korea, where the Kospi index sank as much as 7 per cent. Read more at straitstimes.com. Read more at straitstimes.com.
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independent.co.uk
Asian shares drop, with South Korea's Kospi down more than 5%
Shares have fallen in Asia, with South Korea's benchmark dropping more than 5%, after sharp declines for some big artificial intelligence-related stocks in the U.S. U.S. futures…
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zerohedge.com
Futures Drop On Souring Chipmaker Sentiment, Kospi Plunge
“Following a period of upward revisions to earnings expectations across the sector, investors are taking a more selective approach to new information and guidance updates,”
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m.economictimes.com
Kospi ends 8% lower as chip rout deepens; Samsung, SK Hynix crash up to 10%
South Korea's KOSPI index experienced a significant selloff, plunging 8.23% as investors cashed in on the AI rally, revealing the market's heavy reliance on semiconductor stocks. …
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economictimes.indiatimes.com
Kospi crashes 9%, trading halted for 20 minutes, as chip rout deepens; Samsung, SK Hynix worst hit
South Korea's KOSPI index saw a sharp decline on Monday. Investors sold off artificial intelligence stocks, revealing the market's heavy reliance on semiconductor giants. Samsung…
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South Korea's KOSPI dives nearly 9% as Fed fears hammer tech stocks
South Korea's KOSPI index plummeted nearly 9% on Monday, triggering circuit breakers, as strong U.S. jobs data fueled expectations of Federal Reserve rate hikes. Tech giants…
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Tech stocks dive as Fed bets rattle AI rally
Asian markets are experiencing a significant downturn. High-flying semiconductor stocks are bearing the brunt of the selloff. This follows a sharp fall in U.S. markets after…
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channelnewsasia.com
South Korea's KOSPI craters nearly 9% as Fed fears hammer tech stocks
SEOUL, June 8 : South Korea's stock benchmark plunged nearly 9 per cent on Monday, tripping circuit breakers, after robust U.S. jobs data lifted bets on a Federal Reserve rate…
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koreatimes.co.kr
KOSPI plunges 8% on concerns over end of chip earnings cycle, interest rate hike - The Korea Times
Korean stocks tumbled Monday, as a broad-based correction in global semiconductor shares triggered heavy selling across the market, prompting the a...