(Bloomberg) -- South Korean stocks fell as funds cut exposure to chipmakers after overnight losses in US peers, while factoring in a Chinese rival’s imminent share sale and rising Middle East tensions. Most Read from BloombergRetina Chip Designed to Restore Sight to Go on Sale in EuropeHegseth Turns to UNC, Virginia Tech After Dropping Ivy LeagueApple Plans Overhaul of MacBooks, iMac in Push to Meet AI DemandAlphabet Falls as $205 Billion Spending Plan Fuels AI Cost FearTrump Rebuilds Tariffs Wi
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(Bloomberg) -- South Korea’s risk-loving retail investors are flocking to a leveraged instrument that has inflicted severe losses in the past, adding to concerns about abrupt unwinding of wagers as the stock market gyrates.Most Read from BloombergApple to Launch ‘Upgrade’ Device Leasing Program With Klarna to Spur SalesTrump Sets 100% Tariff on Generic Drugs With Two-Year DelayTrump Extends Pardons to Companies, Echoing a 17th Century KingSpaceX Set to Unlock $116 Billion in Shares After IPO Res
South Korea's central bank hikes rates to 2.75% to fight 3.2% inflation, pressuring the won, stocks, and crypto.
Are we in an AI bubble or the next industrial revolution? Host Kenny Polcari discusses tech valuations, the likelihood of Fed rate cuts, and the path to S&P 8,000 with Opening Bell Media CEO Phil Rosen and StockBrokers.com Director of Investor Research Jessica Inskip.
Asian shares mostly rose Wednesday, tracking a rally on Wall Street following a report that showed U.S. inflation was not as bad last month as economists expected. Shares in computer chipmaker SK Hynix rose 9.4%, while those of Samsung Electronics surged 6.1%. Hong Kong's Hang Seng edged up 1.5% to 24,701.10, while the Shanghai Composite lost 0.2% to 3,957.79 after the Chinese government reported the economy expanded at a 4.3% annualized pace in April-June, slowing sharply from 5% in the first quarter of the year.
Asian stocks gained Wednesday as markets dialed back U.S. rate-hike expectations following an unexpectedly upbeat inflation print.
The S&P 500 Index ($SPX ) (SPY ) on Tuesday closed up +0.38%, the Dow Jones Industrial Average ($DOWI ) (DIA ) closed up +0.02%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed up +1.10%. September E-mini S&P futures (ESU26 ) rose +0.35%, and September E-mini Nasdaq futures...
The S&P 500 Index ($SPX ) (SPY ) today is up +0.38%, the Dow Jones Industrial Average ($DOWI ) (DIA ) is up +0.07%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +0.97%. September E-mini S&P futures (ESU26 ) are up +0.30%, and September E-mini Nasdaq futures...
(Bloomberg) -- Options on SK Hynix Inc.’s American Depository Receipts began trading on US options exchanges Tuesday, giving traders in the world’s largest derivatives market easier access to the volatile South Korean memory chipmaker. Most Read from BloombergUS Hits Iran With Strikes, Blockade as Trump Plans Hormuz ChargeLindsey Graham, Senate Hawk Turned Trump Ally, Dies at 71Trump Embraces Australian Retirement System Backed by Larry FinkUS CPI Falls for the First Time Since 2020, Core Gauge
The S&P 500 Index ($SPX ) (SPY ) today is up +0.30%, the Dow Jones Industrial Average ($DOWI ) (DIA ) is up +0.60%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +0.97%. September E-mini S&P futures (ESU26 ) are up +0.28%, and September E-mini Nasdaq futures...
Growth in Asia’s fourth-largest economy is accelerating, driven by the continued semiconductor boom and policy measures.
Your exchange-traded fund is flat. Remember that ETF you tucked away that invests in developed markets outside the U.S.—the one that looked cheap but has lagged behind the S&P 500 forever because it’s loaded with crusty old companies in Europe and Japan? By the way, both of these overseas funds, developed and emerging, beat the S&P 500 by a lot in 2025, too, but that was partly because the value of the dollar tanked last year as the Federal Reserve was cutting interest rates.
Brace for volatility as SpaceX joins the Nasdaq-100, Waller defends Fed’s use of forward guidance, and more news to start your day.
U.S. chip design giant Synopsys plans to stop offering a suite of manufacturing process control software used by global semiconductor makers, six sources briefed on the matter said, as it seeks to divert resources to higher-margin offerings such as AI design. Synopsys in April and May informed more than 10 chipmakers including Samsung Electronics, SK Hynix, Kioxia Holdings Corp and Qorvo Inc about the "end of life" move that means Synopsys will not provide future new versions and will only carry out maintenance obligations, two of the sources said.
Micron Technology just delivered the best quarter in its history. However, three days later, a federal courtroom in California turned that story upside down. A class-action lawsuit filed on June 25 accuses Micron (MU), Samsung, and SK Hynix of secretly restricting memory chip supply to inflate ...
U.S. recruitment slowed significantly in June, dampening some of the employment growth momentum observed earlier this year.
A fourth straight month of gains above 100,000 would represent a run of job growth not seen since the start of 2024
Asian markets mostly fell on Thursday as a heavy sell-off in chip shares spread across the region, while European stocks opened flat and US futures pointed lower ahead of a closely watched American jobs report.View on euronews
Micron stock fell Monday on news of a federal civil antitrust lawsuit accusing it and two other memory-chip makers of price-fixing.
Ahead of the bell US stock futures rose on Monday after reports that Washington and Tehran had agreed to halt the tit-for-tat attacks that broke out over the weekend, allowing peace talks to continue. Nasdaq 100 futures climbed 1.2%, while S&P 500 futures added 0.8%, following sharp...
South Korea will invest nearly $1.2 trillion -- equivalent to more than two-thirds of its GDP -- in a new chip-building hub and AI data centres over several years, as it seeks to profit from soaring demand while developing previously neglected regions.The government also announced a separate investment of a quadrillion won (around $650 billion) in AI data centres over the next 10 years.
Micron's outlook eased chip-demand fears, but inflation concerns quickly reignited volatility across AI-focused stocks.
US futures were pointing higher at the start of the week as investors return from the Juneteenth holiday weekend, with technology stocks expected to lead gains despite lingering uncertainty over the Middle East and the prospect of further Federal Reserve tightening. Dow Jones futures were up...
Asian shares were mixed and oil was trading below $80 a barrel on Wednesday as markets watched for details on the interim agreement between the U.S. and Iran to end the war. U.S. futures edged higher ahead of the Federal Reserve’s policy decision announcement and after Wall Street closed mixed near their record highs.
Asian chip stocks rebounded, capping a roller coaster week amid geopolitical volatility, concerns over inflation and worries over a bubble in artificial-intelligence-related stocks.
Stock futures fell, with the Nasdaq-100 selling off and big Asian names such as SoftBank Group and Samsung Electronics down sharply.