South Korea’s stock market lurched from one extreme to another for a third straight session Wednesday, extending a stretch of swings that has whipsawed investors and repeatedly triggered market safeguards.
South Korea’s stock market lurched from one extreme to another for a third straight session Wednesday, extending a stretch of swings that has whipsawed investors and repeatedly triggered market safeguards.
The closing figures of South Korea's benchmark Kospi and Kosdaq indexes in Seou on June 8. Photographer: NurPhoto/NurPhoto
Memory chipmaker shares led a rebound in South Korean stocks, demonstrating investors aren’t quite ready to throw in the towel on the artificial intelligence boom.
Memory chipmaker shares led a rebound in South Korean stocks, demonstrating investors aren’t quite ready to throw in the towel on the artificial intelligence boom.
South Korean stocks plunged, imperiling the world’s biggest rally, as investors pulled back from artificial intelligence bets that have fueled the bull market in global equities.
South Korean stocks plunged, imperiling the world’s biggest rally, as investors pulled back from artificial intelligence bets that have fueled the bull market in global equities.
The breakneck surge in memory-chip stocks is intensifying, sending the market capitalizations of SK Hynix Inc. and Micron Technology Inc. above $1 trillion for the first time, as investors bet the AI boom will lead to a sustained revaluation of the industry.
The breakneck surge in memory-chip stocks is intensifying, sending the market capitalizations of SK Hynix Inc. and Micron Technology Inc. above $1 trillion for the first time, as investors bet the AI boom will lead to a sustained revaluation of the industry.
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