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Bloomberg43d agobearish
Korean Stocks Tumble 10% as Extreme Volatility Rattles Investors

(Bloomberg) -- South Korean stocks tumbled from a record high as investors sold off chip heavyweights, delivering another outsized swing that has become a feature of the world’s best‑performing market this year. Most Read from BloombergSpaceX Falls for Third Day, Erases $600 Billion in Market ValueOracle Cut 21,000 Jobs in 12 Months, Says AI Replaced Some RolesKorean Stocks Tumble 10% as Extreme Volatility Rattles InvestorsStocks Fall as SpaceX’s Rout Offsets US-Iran Hopes: Markets WrapMeta Inve

World shares mostly advance as tech stocks rebound from sell-offs, while oil prices slip
Associated Press57d agobearish
World shares mostly advance as tech stocks rebound from sell-offs, while oil prices slip

World shares were mostly higher on Tuesday, with tech shares leading gains after Wall Street recovered some of its sell-off from last week. Oil prices fell back after surging on Monday as fighting flared between Israel and Iran, threatening to pull the region back into full-scale war. SK Hynix, which on Monday announced plans to partner with Nvidia in building data centers, jumped 15.9%.

Nasdaq plunges 1,100 points over renewed rate hike concerns
Yahoo Finance Video60d agobearishVIDEO
Nasdaq plunges 1,100 points over renewed rate hike concerns

US stocks (^DJI, ^IXIC, ^GSPC) sink in Friday trading, the Nasdaq Composite leading losses and closing over 1,100 points lower (4.18%). The market is reacting to May's overwhelmingly positive labor data — 172,000 jobs added the US economy vs. estimates of 88,000 — raising investor concerns that the Federal Reserve may be inclined to hike interest rates. Yahoo Finance Markets and Data Editor Jared Blikre breaks down the day's biggest market moves.

Morning Bid: Small miss, big hit
Reuters61d agobearish
Morning Bid: Small miss, big hit

A look at the day ahead in European and global markets from Tom Westbrook The drawdown in tech stocks that has followed a narrow earnings miss at U.S. chipmaker Broadcom deepened in Asia on Friday,

SpaceX, OpenAI Windfall Fuels Bets on Next-Wave Asian AI Winners
Bloomberg66d agobearish
SpaceX, OpenAI Windfall Fuels Bets on Next-Wave Asian AI Winners

(Bloomberg) -- The hunt is on for companies that could benefit from the tailwinds of an unprecedented wave of stock offerings in the US, and investors are increasingly honing in on the Asian supply chain.Most Read from BloombergUS Says Deals With Iran for Safe Hormuz Transit Are ProhibitedAmericans Injured in Iranian Missile Strike on Kuwaiti Air BaseStrait of Hormuz Ship Transits Are Rising Thanks to US HelpAmericans Hurt in Kuwait as Trump Sends Mixed Signals on WarCVS Returns Zepbound to Drug

Circular AI Boom Goes Global as Asia Windfall Funds Hyperscalers
Bloomberg76d agobearish
Circular AI Boom Goes Global as Asia Windfall Funds Hyperscalers

(Bloomberg) -- The windfall earned by Asian chip makers is coursing through the world economy, mirroring on a global scale the circular flow of money within the AI ecosystem.Most Read from BloombergSpot the Difference: Putin Gets Trump Treatment From Xi in ChinaModi’s Toffee Gift to Meloni Ignites Rally in Wrong Indian StockSpaceX Shows $4.3 Billion Loss as Musk Targets Record IPOIran Threatens to Retaliate Beyond Middle East If US AttacksNvidia Tells Skeptical Investors AI Is Ready to Go Mainst

Samsung faces strike after pay talks with union fall apart
Associated Press77d agobearish
Samsung faces strike after pay talks with union fall apart

Management and union leaders at Samsung Electronics failed to reach a last-minute deal over wages Wednesday, raising prospects for a strike at the South Korean electronics giant that could rattle global semiconductor supplies and the country’s trade-dependent economy. Government officials have threatened to invoke rarely used emergency powers to force a settlement at Samsung, where the union, which represents about 74,000 workers, says the company has failed to offer adequate compensation despite its soaring profits fueled by the global boom in artificial intelligence. After the latest round of talks ended without a breakthrough on Wednesday, union leader Choi Seung-ho told reporters that unionized workers will begin an 18-day strike from Thursday.

Korean Stocks Drop 5% as Chip Slump Fuels Overheating Concerns
Bloomberg78d agobearish
Korean Stocks Drop 5% as Chip Slump Fuels Overheating Concerns

(Bloomberg) -- Supercharged gains in a handful of companies and weak market breadth are stoking concerns that the world’s hottest stock market is overheating in some pockets. Most Read from BloombergUS Lawmakers Plan New $130 Fee for Electric Vehicle OwnersBillionaire Rinehart Bets $100 Million on US Defense StocksStocks and Oil Whipsaw on Mixed US-Iran Signals: Markets WrapTrump Says Holding Off on New Iran Strikes After Gulf AppealElon Musk Loses Case Against Sam Altman Over OpenAI’s OverhaulU

Apple Readies AI Writing Help, App Shortcuts and Wallpapers for iOS 27
Bloomberg78d agobearish
Apple Readies AI Writing Help, App Shortcuts and Wallpapers for iOS 27

(Bloomberg) -- Apple Inc. is preparing a wave of artificial intelligence features for its next iPhone and iPad operating systems, including a grammar checker and new shortcut options, part of an effort to narrow the gap with capabilities available on rival devices.Most Read from BloombergStocks Fall, Oil Rises as Hormuz Deal Hopes Fade: Markets WrapBillionaire Rinehart Bets $100 Million on US Defense StocksIranian Media Said US Offered Interim Waiver on Oil SanctionsUS and Iran Far From Deal as

Dua Lipa sues Samsung for allegedly using her image to sell TVs
Reuters Videos86d agobearishVIDEO
Dua Lipa sues Samsung for allegedly using her image to sell TVs

<body><p>STORY: :: This video contains flashing images</p><p>British pop star Dua Lipa has filed a lawsuit against Samsung Electronics.</p><p>She's seeking at least $15 million in damages...</p><p>and is accusing the South Korean tech giant of using her image without permission to market its television sets.</p><p>The lawsuit alleges that Samsung featured a copyrighted image of the pop star on the front of cardboard boxes containing televisions for retail sale...</p><p>enabling the company to benefit from what seemed like her endorsement of the product.</p><p>The suit was filed on Friday in the California federal court.</p><p>A spokesperson for Samsung Electronics declined to comment, saying it was unable to comment on pending litigation.</p><p>Dua Lipa's lawyers didn't immediately respond to a request for comment on the case.</p><p>Besides copyright and trademark infringement, Dua Lipa has accused Samsung Electronics of breaching publicity rights.</p><p>Lipa's lawyers have attached screenshots of social media postings and comments in the filing.</p><p>One of these screenshots shows a fan commenting that they would get the TV, quote, "just because Dua is on it."</p></body>

Dua Lipa sues Samsung for $15 million for allegedly using her image to sell TVs
Reuters86d agobearish
Dua Lipa sues Samsung for $15 million for allegedly using her image to sell TVs

By Rhea Rose Abraham May 10 (Reuters) - British pop star Dua Lipa has filed a lawsuit against Samsung Electronics seeking at least $15 million in damages, ‌accusing the South Korean tech giant of using her image without ‌permission to market its television sets. The lawsuit alleges that Samsung featured a copyrighted image of the ​pop star on the front of cardboard boxes containing televisions for retail sale, enabling the company to benefit from what seemed like her endorsement of the product.

Nvidia Is Facing More Competition and It’s Spooking Investors
Bloomberg91d agobearish
Nvidia Is Facing More Competition and It’s Spooking Investors

(Bloomberg) -- This earnings season has delivered plenty of good news for the artificial intelligence trade, but instead of bidding up Nvidia Corp. shares, investors have been dumping them.Most Read from BloombergUS Has Opened a Passage Through Hormuz, Central Command SaysUS Says Offensive Phase of Iran War Over as Ship Hit in StraitAnthropic Unveils AI Agents to Field Financial Services TasksTrump Pauses Plan to Guide Ships While Seeking Iran DealWhite House Weighs AI Working Group, Model Testi