Searched for
KOSPI INDEX PLUNGE
Why is market rising today? Sensex jumps 500 pts, Nifty above 24,600 as Diwali firework continue. 4 factors driving D-St gainsIndian benchmarks extended their rally as strong foreign buying, upbeat earnings and value buying in large-cap stocks offset a global AI-le...
Bloodbath in Nasdaq, Kospi and Nikkei but why Nifty is an oasis of peace amid global routA global AI-led tech selloff has battered US and Asian markets, wiping out $3 trillion from S&P 500 companies. However, Indian equities are...
AI selloff hits India too: TD Power, HFCL, Sterlite, other power capex-linked stocks crash up to 15%Indian power capex and AI-linked stocks tumbled as a global technology sell-off spread across markets, with TD Power and Thermax plunging 1...
Infosys, Wipro, TCS and other IT stocks rise up to 3% as US AI rout deepens; is the bubble bursting?In the wake of a worldwide AI stock decline, companies such as Infosys and TCS have seen their shares rise, demonstrating a contrasting tre...
AI meltdown: Kospi crashes 9%, hits 9-month low as Wall Street bloodbath after midterm elections spills to Asia; circuit breaker triggeredThe sell-off followed a global market rout on Thursday, which saw the Nasdaq 100 plunge 6.4%, wiping out a record $2.3 trillion in market v...
South Korea stocks plunge 8%, circuit breaker triggered as chip shares tumbleSouth Korea's KOSPI stock index fell more than 8% during early trading on Friday, reflecting a significant sell-off. The stock market decli...
Global Market Today: Asian stocks join US selloff as AI slump deepensSouth Korea’s tech-heavy Kospi Index slid 8.8% in early trading, triggering a circuit breaker, with chipmakers Samsung Electronics Co. and ...
European shares rise as miners rally, tech stocks lagEuropean shares opened higher, led by mining stocks, as strong earnings from ArcelorMittal and easing oil prices supported sentiment. Techn...
AI selloff drags Nikkei lower despite broad-based market gainsJapan's Nikkei 225 fell 0.5% on Thursday as losses in AI and semiconductor stocks offset gains across the broader market. Concerns over a p...
Hong Kong stocks jump 3%, China shares edge higher as tech stocks rallyHong Kong stocks rallied sharply, led by technology and gold shares, as investors welcomed the US midterm election outcome. Alibaba and Ten...
Asian shares mostly advance following US midterms, though Kospi falls on selling of chipmakersAsian markets experienced an upswing on Thursday, buoyed by a rebound in U.S. equities following the midterm elections. The Dow Jones leapt...
Global Market Today: Asian stocks rise as oil slides after US midterm electionsBenchmark indexes rose in Japan and Australia, pushing the MSCI Asia Pacific Index up by 0.3%. That was after the S&P 500 Index jumped 1.6%...
Global Market Today: Asian stocks slide as US chip selloff deepensThe MSCI Asia Pacific gauge dropped 0.4% with South Korea’s Kospi Index sliding almost 3%. In the US, a gauge of chipmakers extended a thre...
Wall Street drops to its worst day since June after the sell-off for tech stocks deepensWall Street’s tech sell-off deepened on Friday as investors questioned whether massive spending on artificial intelligence will deliver eno...
Global Market: South Korean stocks tumble over 5% as AI spending concerns hit chipmakersSouth Korean shares plunged as a selloff in semiconductor stocks intensified amid concerns over the sustainability of global AI investments...
Global Market Today: Asian stocks slide as tech earnings disappoint, AI fears mountThe Kospi Index in South Korea — a key barometer of the AI trade — fell over 3% with chip heavyweights Samsung Electronics Co. and SK Hynix...
Global Market: South Korean shares fall 2% as Samsung Electronics slides after earningsSouth Korea’s KOSPI fell 2.18% on Thursday as Samsung Electronics dropped 4.13% after disappointing third-quarter profits. Losses extended ...
Sensex, Nifty fall as IT stocks slide, rising oil prices weighIndian equity markets took a hit on Wednesday, primarily due to declines in the IT sector and escalating crude oil prices. Both the Sensex ...
South Korea's Kospi crashes 41% from June peak as AI frenzy fizzles out. Can this benefit Dalal Street?South Korea's stock market hit all-time highs before a sharp decline, marked by a 41% drop in the Kospi index since June, which has signifi...
Korea’s KOSPI crashes another 5% as AI rout deepens; AI bellwether down over 40% from peakChip heavyweight SK Hynix Inc. headed for its lowest close since April. Data-center infrastructure company Elice Inc. plunged as much as 32...