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Growing AI Bubble Concerns in the US Stock Market... 'Madness' vs 'Continued Bull Market' Since 2023, a wave of skepticism has emerged over whether there's a bubble in the artificial intelligence (AI) trend that has driven the stock prices of technol
The U.S. government has decided on a policy to require equity stakes from foreign companies such as Samsung Electronics and TSMC in return for subsidies under the CHIPS Act. This follows its move to acquire a 10% stake in its domestic company, Intel,
Mentioned "Utilizing funds received from Korea and Japan" The Donald Trump administration publicly announced that it would promote a plan to receive equity in companies in exchange for the subsidies granted under the CHIPS and Science Act. On the 19t
The KOSPI Index started the 20th on a downward trend, widening its loss to over 2%. According to the Korea Exchange (KRX), as of 9:15 a.m., the KOSPI Index stood at 3,086.6, down 64.96 points (2.06%) from the previous day. The index opened at 3,121.5
A method of offering subsidies in exchange for equity Plan to apply this to other semiconductor companies following Intel U.S. Commerce Secretary: "We should receive equity in exchange for our money" Reuters reported on the 19th (local time) that 'Pr
U.S. President Donald Trump drew attention by mentioning that the reason he is working to end the war in Ukraine is because he "wants to go to heaven after he dies." In an interview with Fox News on the 19th (local time), President Trump said that he
Sell-off centered on tech stocks NVIDIA drops 3.5% Palantir plunges over 9% The three major U.S. stock indices ended mixed. However, with concerns rising about a potential bubble surrounding the artificial intelligence (AI) industry, tech stocks saw
◆Caution Over AI Bubble Theory... Nasdaq Down 1.46% Overnight, the New York stock market closed mixed. In early morning trading at the New York Stock Exchange, the Dow Jones Industrial Average rose by 0.02% from the previous day, while the S&P 500 an
Bitcoin price per coin drops 2.74% from the previous day 9% gap from the all-time high of $124,500 Bitcoin, the leading cryptocurrency, is seeing its decline accelerate on the 19th (local time) as the likelihood of a U.S. policy rate cut diminishes.
NASDAQ Falls, Treasury Yields Down Slightly On the 19th (local time), ahead of speeches by two dovish Federal Reserve Board members at the Jackson Hole Meeting, the US stock market started mixed. At 10:10 am EST, the Dow Jones Industrial Average was
Fiscal Impact from Tax Cuts Temporarily Offset by Tariff Revenue "No Substantial Change in the United States' Long-term Fiscal Soundness" S&P Global Ratings, an American credit rating agency, stated that the US's tariff revenue will help mitigate fis
Possibility of Russia-Ukraine summit within 2 weeks Trump: “If things go well, I’ll hold trilateral talks” On the 18th (local time), U.S. President Donald Trump announced that he began coordinating a summit between Ukraine and Russia. The war in Ukra
US, Japan, and EU have already established and implemented legislation Four bills pending domestically, all with different requirements Significant gap in capital requirements: from ₩500 million up to ₩5 billion Emphasis on "strengthening monetary so
Government reaffirms expansionary fiscal stance "The economy cannot be revived without fiscal spending Cautious approach considering national debt ratio" Draws a line at formulating a third supplementary budget Calls for self-rescue measures in 'cris
Putin–Zelensky Meeting Imminent… Only 'Territorial Negotiations' Remain "Result of War Expected in 1–2 Weeks" Trump: "A trilateral meeting including the US will be held after the Russia–Ukraine Talks" "Europe is Ukraine's Primary Line of Defense" No
The Palestinian militant group Hamas has accepted the new ceasefire proposal suggested by Egypt and Qatar, mediators in the Gaza Strip ceasefire negotiations. According to international news outlets such as the Financial Times (FT) on the 18th (local
On Lee's Statement About Electricity Rate Hike: "Not An Immediate Plan" On Prosecutorial Reform: "Separation of Investigation and Prosecution Will Proceed as Scheduled" "Will Proceed Carefully So That the Public Does Not See It as Rash" Prime Ministe
Impact of US Tariff Exemption... 'Sharp Drop in Returns' Cooling Enthusiasm for Copper and Palladium ETFs Returns for exchange-traded funds (ETFs) investing in industrial metals such as copper and palladium have plummeted. This is mainly due to the r
Donald Trump, President of the United States, stated during a White House meeting for ending the Ukraine war that Vladimir Putin, President of Russia, "wants to negotiate for me." The remarks were recorded while the live broadcast microphone was on,
Kim Dae-young, Hankyung.com journalist kdy@hankyung.com
The three major indices on the New York Stock Exchange fluctuated within a narrow range and ended with mixed results. U.S. President Donald Trump met with Ukrainian President Volodymyr Zelenskyy and then held talks with key European leaders, discussi
President Volodymyr Zelensky of Ukraine met with U.S. President Donald Trump at the White House in Washington, D.C. on the 18th (local time). The atmosphere was much smoother than last February when things ended in disruption. Both sides focused on d
Kim Dae-young Hankyung.com Reporter kdy@hankyung.com
◆ New York Stock Exchange ends mixed amid anticipation and caution for trilateral talks The three main indices of the New York Stock Exchange fluctuated narrowly in a flat range and ended mixed as the possibility of a US-Ukraine-Russia trilateral sum
Kim Dae-young, Hankyung.com journalist kdy@hankyung.com
Bond yields remain in a downward trend, dollar rises slightly Cryptocurrencies decline On the 18th (local time), the US stock market opened with mixed movements ahead of progress on the Ukraine peace agreement and the Jackson Hole meeting. At 10 a.m.
"1/3 of homes see price cuts, 2/3 offer buyer incentives" "Persistently high prices and interest rates burden buyers" Investment sentiment among U.S. homebuilders in August unexpectedly declined, dropping to the lowest level in two and a half years.
While Korea's KOSPI and KOSDAQ indices remained stagnant, major Asian stock indices hit all-time highs. According to the financial investment industry on the 18th, Japan's Nikkei Average Stock Price (Nikkei 225 Index) closed the day at 43,714.31 yen.
Japan: Weaker Yen and Anticipation of Inflows from Foreign Investors Shanghai: Market Reflects Government Support and Optimism for AI On the 18th (local time), the Japanese and Chinese stock markets both reached record highs. On this day, the Nikkei
Attention Focused on Direction Amid Deteriorating Labor Market and Latent Inflationary Pressure Along with the Trump-Putin summit, the most anticipated event this week is the Jackson Hole meeting, held for three days starting on the 21st (local US ti