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Micron Shares Rise 3.9% in Premarket Trading

Micron shares climbed after rival SK Hynix reported strong earnings and said memory-chip demand would outstrip supply through the end of the decade.

South Korean Shares Post Biggest Jump in Three Months

The KOSPI rose, with foreign investors mentioned, as SK Hynix beat forecasts.

SK Hynix shares rise 3% in South Korea

Asian Stocks Rise on Tech, Nasdaq Futures Slip - Asia Market Wrap

Asian stocks rose 0.9%, led by technology shares in South Korea and Japan, as Wall Street benchmarks snapped a two-day losing streak. Chip heavyweights SK Hynix and Samsung Electronics rallied over 4% ahead of earnings later this week. The advance in equities moderated, with Nasdaq 100 futures slipping 0.2% and Europea

Consumer Tech Weekly Roundup Covers Earnings, AI and Product News

A consumer technology roundup covers reported results, AI developments, product announcements and other corporate news from Oct. 12–16.

South Korean shares post biggest weekly fall since 2008 on AI worries

KOSPI rises, foreigners net buyers Korean won strengthens against dollar South Korea benchmark bond yield falls For the midday report, please click... SEOUL, Oct 16 (Reuters) — Round-up of South Korean financial markets: * South Korean shares rebounded from a six-month low on Friday on dip-buying but still ended the we

Asia Shares Jump as Chip Selloff Eases - Asia Market Wrap

Stocks extended gains and the dollar weakened as traders pared expectations for a Federal Reserve rate hike after Chair Kevin Warsh refrained from endorsing tighter policy, despite this week’s hotter-than-expected inflation data. MSCI’s Asia Pacific equities gauge climbed 1.6%, while S&P 500 futures reversed losses of

Dow Rises 0.9% to 52,080 as Nasdaq 100 Falls 0.6%

U.S. stocks diverged by midday Thursday: the Dow gained about 459 points to 52,080, while the Nasdaq 100 fell 0.6% to about 29,783. The report cited hot inflation and rate-hike fears alongside a sell-off in chip and AI-hardware stocks.

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.

South Korean shares end lower on caution ahead of US inflation data

KOSPI falls, foreigners net sellers Korean won strengthens against dollar South Korea benchmark bond yield rises For the midday report, please click... SEOUL, Oct 14 (Reuters) — Round-up of South Korean financial markets: * South Korean shares erased early gains to end lower on Wednesday, as caution prevailed ahead of

South Korean shares rise as chipmakers rebound on dip buying

KOSPI rises, foreigners net sellers Korean won strengthens against dollar South Korea benchmark bond yield rises SEOUL, Oct 14 (Reuters) — Round-up of South Korean financial markets: * South Korean shares rose on Wednesday, led by a rebound in chipmakers on dip buying following five consecutive sessions of decline. * T

US STOCKS — S&P 500, Dow futures muted after big bank earnings, chip slide weighs

Futures: Dow up 0.18%, S&P down 0.13%, Nasdaq down 0.59% JPMorgan Chase, Wells Fargo slip despite higher Q3 profit UnitedHealth gains after raising annual profit forecast (Updates after JPMorgan, Wells Fargo earnings) By Tharuniyaa Lakshmi and Purvi Agarwal Oct 13 (Reuters) — Futures linked to the S&P 500 and the Dow w

US STOCKS — S&P 500 futures muted as investors await big bank earnings; chip weakness weighs

(For a Reuters live blog on US, UK and European stock markets, click LIVE/ or type LIVE/ in a news window.) Futures: Dow up 0.61%, S&P up 0.03%, Nasdaq down 0.51% Oct 13 (Reuters) — Futures tied to the S&P 500 were muted on Tuesday, with major US banks scheduled to report earnings while weakness in chip stocks weighed

GLOBAL MARKETS — World stocks dip as chips slide, bonds rise

(Updates with European prices, analyst's comments) Chipmakers drop across the globe on competition concerns US bank earnings to show impact of rising yields on lending, dealmaking and funding Treasuries rise as investors seek safety, oil markets in focus By Ankur Banerjee and Sruthi Shankar Oct 13 (Reuters) — World sto

EMERGING MARKETS — Tech selloff drags MSCI stocks index to two — month low

Stocks index weighed by Asia selloff; EM equities elsewhere rise AI investment props up global growth; war, debt threaten outlook - IMF Senegal close to final resolution with debtors, G24 director says Romanian inflation rises more than expected, political crisis, drought cloud outlook By Johann M Cherian Oct 13 (Reute

GLOBAL MARKETS — Asian stocks hit 2 — month low on AI jitters, bonds find favour

(Updates to Asia afternoon) Chipmakers lead regional losses after a Wall Street semiconductor selloff US bank earnings to show impact of rising yields on lending, dealmaking and funding Treasuries rise as investors seek safety, oil markets in focus By Ankur Banerjee SINGAPORE, Oct 13 (Reuters) — Asian stocks slid to a

Goldman upgrades Palantir to buy

Goldman Sachs upgraded Palantir to buy from neutral, saying the company is positioned to benefit from growth in bespoke software and sovereign AI. The stock was up 1.6%.

European chip stocks fall on AI exposure selloff

European semiconductor shares fell as investors sold tech stocks with artificial-intelligence exposure. E-mini Nasdaq 100 futures also pointed lower, indicating weaker U.S. tech sentiment.

Bitcoin, ether fall as Treasury yields rise

Bitcoin fell 3% to $83,098 and ethereum lost 5% to $2,564 as traders pointed to record-high Treasury yields and a stronger U.S. dollar. XRP and solana also declined in a broader crypto selloff.

South Korea shares fall 2% as chipmakers fret over Samsung earnings

South Korea's KOSPI closed down 1.98% at 6,803.90, its lowest since Sept. 17, amid foreign selling and anxiety over bond yields. Samsung Electronics and SK Hynix both fell, with caution ahead of Samsung's earnings report weighing on sentiment.

South Korea shares fall ahead of Samsung Electronics earnings

South Korean shares declined on Wednesday, with the KOSPI down 0.62% as investors adopted a cautious stance ahead of Samsung Electronics' earnings report, which is expected to show a significant jump in profit due to AI demand. Foreigners were net sellers of shares.

Samsung Q3 profit seen jumping nine-fold on AI demand, chip margins may be flat

Samsung Electronics is expected to report a nearly nine-fold jump in third-quarter operating profit driven by robust AI demand, though analysts have cut forecasts by nearly 8% since the end of August. Chip prices rise but pace of growth slows, with memory chip margins potentially flat.

Indonesia stocks up 1% as Korea, Taiwan weigh on regional index

Indonesian equities rose over 1% on Tuesday, extending their rebound and outperforming regional markets, while losses in South Korea and Taiwan weighed on the broader emerging Asia equity index. The Jakarta Composite Index rose as much as 1.2% to 6,193.543, extending its rebound into a third consecutive session.

South Korea shares post biggest quarterly fall since early 2020

KOSPI closed down 0.48% at 6,838.04 and fell 19.3% in the quarter; foreigners sold 2.1 trillion won of shares as won strengthened.

South Korean Shares Rise on Chip Gains

The benchmark KOSPI rose nearly 1% to around 6,930 on Wednesday, snapping a two-day decline as gains in US semiconductor shares lifted Korean chipmakers. The Philadelphia Semiconductor Index rose 1.3% overnight, while Samsung Electronics and SK hynix gained about 0.5% and 2.7%, respectively, reflecting renewed demand f

South Korean shares post biggest fall in two weeks as chipmakers drop

KOSPI falls, foreigners net sellers Korean won weakens against dollar South Korea benchmark bond yield rises For the midday report, please click... SEOUL, Sept 28 (Reuters) — Round-up of South Korean financial markets: * South Korean shares fell more than 2% on Monday in catch-up trading following a holiday break, post

South Korean Shares Fall Amid Middle East Uncertainty

The benchmark KOSPI fell nearly 2% to around 6,950 on Monday, reversing gains from the previous session, as renewed uncertainty over the Middle East and higher oil prices weighed on risk appetite. Brent crude rose above $105 a barrel after the US rejected Iran’s conditional proposal concerning the Strait of Hormuz. Add

MNI EUROPEAN MARKETS ANALYSIS: USD Supported Despite Lower Oil

* Oil has continued to trend lower during Wednesday's APAC session as talks continue on the sidelines of this week's UN gathering. The fact negotiations are even taking place to facilitate Middle East energy shipments is driving optimism in markets but the situation remains very precarious. UST futures are higher, but

MNI EUROPEAN OPEN: Oil Pullback Continues

EXECUTIVE SUMMARY * TRUMP HAILS 'VERY GOOD' IRAN TALKS FOLLOWING ANNIHILATION THREAT - BBG: #cdbad0a1-5c8d-4cdb-9819-370162b99299 * ZELENSKY ASKS TRUMP FOR WINTER ARMS PACKAGE, EXPECTS ENERGY-CEASEFIRE PUSH - WSJ: #a4c79a68-e487-466b-a806-4885fa3200e0 * LASTING SHOCKS, FIRMING DEMAND REQUIRE FED ACTION - BARKIN - MNI

South Korean Shares Rise on Chip Strength

The benchmark KOSPI edged higher to around 7,050 on Wednesday, extending gains for a fourth consecutive session as advances in AI-related and semiconductor stocks on Wall Street bolstered Korean chipmakers. The Nasdaq Composite closed at another record high, while Samsung Electronics and SK hynix rose more than 2% and