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Global Market: Kospi slides after early surge as AI stocks face valuation pressure
Indian investors are watching as South Korean stocks reversed early gains due to concerns over high valuations in AI-linked companies. Despite this, broader Asian markets found support from falling crude oil prices. SK Hynix's upcoming US listing and Samsung Electronics' expected profit surge highlight continued AI demand, even as regional currencies face pressure against the dollar.
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economictimes.indiatimes.com
Global Market: Kospi slides after early surge as AI stocks face valuation pressure
Indian investors are watching as South Korean stocks reversed early gains due to concerns over high valuations in AI-linked companies. Despite this, broader Asian markets found…
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apnews.com
Asian markets retreat, with Korean shares slumping despite an AI-led rebound on Wall St
Asian shares have retreated despite a rebound for AI stocks that lifted benchmarks on Wall Street. The Kospi in South Korea closed down 4.9% after plunging 8% earlier in the day.
