KOSPI Crashes 8% as AI Chip Selloff Slams Asian Markets
The KOSPI plunged 8.10% to 6,208.34 on Tuesday morning, deepening a global semiconductor rout. SK Hynix sank 11.01%, and Samsung Electronics dropped 9.45%, a day before the memory giant reports quarterly earnings. The selloff spread from Wall Street to Seoul and rippled into crypto markets, dragging Bitcoin lower.
Arthur Hayes Buys $6.39M More Ethereum, Then the ETH Market Starts to Tumble
Arthur Hayes bought $6.39M more ETH hours before ether fell to $1,872, extending a $13.87M buying streak.
Tom Lee Says the AI Capex Fear Is Actually the Bullish Tell
Tom Lee says AI capex fear is a bullish signal, contrasting Steve Eisman's warning ahead of the Fed's rate decision this week.
Jim Cramer Says the US Government Is Nvidia’s Silent Backstop
Jim Cramer says Washington's control of Ohio's power supply makes the US a quiet backstop for Nvidia.
Dan Niles Says Apple Was ‘Incompetent’ With AI, So Why Is The Stock at All-Time Highs?
Dan Niles says Apple's AI missteps saved it from a capex trap, but warns its valuation carries risk into earnings.
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