AI Selloff Deepens, With South Korea’s KOSPI Down More Than 15% This Week
The AI-driven selloff extended after the bell into Asia, while beaten-down bond markets attracted buying. South Korea’s chip-heavy KOSPI has fallen more than 15% this week.
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LIVE MARKETS — Market picks CoreWeave as AI rout deepens
Welcome to the home for real-time coverage of markets brought to you by Reuters reporters. You can share your thoughts with us at. Market Picks Coreweave As Ai Rout Deepens The bruising AI selloff extended after the bell, hard into Asia and even lent a bid to beaten-down bond markets. South Korea's chip-heavy KOSPI has
Is the AI rout making bonds safe again?
Treasuries rally as investors scour for safety AI stock rout deepens on rate hike and spending worries Credit markets in focus as spreads widen in sign of stress By Ankur Banerjee and Tom Westbrook SINGAPORE, Oct 15 (Reuters) — A rude awakening over the debt-fuelled AI binge has sent investors rushing out of stocks and
MORNING BID EUROPE — Market picks CoreWeave as AI rout deepens
A look at the day ahead in European and global markets from Tom Westbrook The bruising AI selloff extended after the bell, hard into Asia and even lent a bid to beaten-down bond markets. South Korea's chip-heavy KOSPI has slid more than 15% this week, though it's really data centres in the eye of the storm. MKTS/GLOB.K
SK Hynix Shares Fall 11.42% in Seoul as Chip Selloff Deepens
SK Hynix shares fell 11.42% to KRW 1,257,000 in Seoul, while Samsung Electronics dropped 8.84% and South Korea’s KOSPI fell 7.81%. SK Hynix’s Nasdaq-listed ADRs fell 3.96% to $141.71 in extended trading after closing down 6.06% Wednesday.