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Analysts react to rout in South Korea stocks

Analysts react to rout in South Korea stocks

SINGAPORE, July 29 (Reuters) - South Korea's stock market plummeted for a second-straight session on Wednesday after earnings from chipmaker SK Hynix failed to allay investor fears about the durability of the AI trade.
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South Korea stock rout breaks records as SK Hynix earnings disappoint

South Korea stock rout breaks records as SK Hynix earnings disappoint

By Gregor Stuart Hunter, Rae Wee and Jihoon Lee SINGAPORE/SEOUL, July 29 (Reuters) - South Korean stocks plunged for a second straight session on Wednesday as Asia's sparkling AI-fuelled rally turns into a record-breaking rout that is torching small investors.
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South Korea $2 trillion stock rout breaks records as SK Hynix results disappoint

South Korea $2 trillion stock rout breaks records as SK Hynix results disappoint

By Gregor Stuart Hunter, Rae Wee and Jihoon Lee SINGAPORE/SEOUL, July 29 (Reuters) - South Korean stocks plunged for a second straight session on Wednesday as Asia's once-blazing AI rally morphed into a brutal market reckoning, wiping as much as $2.18 trillion from Seoul’s equity market and leaving
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Asian shares slip and South Korea’s Kospi index sinks 11% on heavy selling of chipmaking stocks

Asian shares slip and South Korea’s Kospi index sinks 11% on heavy selling of chipmaking stocks

South Korea's Kospi index has plunged over 11% on heavy selling of chipmaking stocks that have been battered recently by sell-offs due to fears the boom in artificial intelligence may be a bubble
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Asian shares slip and South Korea’s Kospi index sinks nearly 11% on heavy selling of chipmakers

Asian shares slip and South Korea’s Kospi index sinks nearly 11% on heavy selling of chipmakers

South Korea's Kospi index has plunged nearly 11% on heavy selling of chipmaking stocks that have been battered recently by sell-offs due to fears the boom in artificial intelligence may be a bubble
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World shares are mixed and South Korea's Kospi share index falls 6%, while oil prices surge

World shares are mixed and South Korea's Kospi share index falls 6%, while oil prices surge

Shares in Europe and Asia are mixed, while South Korea’s Kospi share index fell 6% in another bout of selling of chipmaking shares
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Asian stock rout deepens on AI worries ahead of tech earnings

Asian stock rout deepens on AI worries ahead of tech earnings

By Ankur Banerjee SINGAPORE, July 29 (Reuters) - Asian stocks slid on Wednesday extending a brutal selloff as anxiety about AI valuations, rising competition and spending rocked markets ahead of crucial earnings from big tech firms and a U.S. Federal Reserve policy decision.
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Analysts react to steep rout in South Korea stocks

Analysts react to steep rout in South Korea stocks

SINGAPORE, July 29 (Reuters) - South Korea's stock market plunged for a second-straight session on Wednesday as Asia's sparkling AI-fuelled rally turns into a record-breaking rout.
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World stocks hit one-month low as chip rout worsens

World stocks hit one-month low as chip rout worsens

By Tom Westbrook, Ankur Banerjee and Sruthi Shankar July 28 (Reuters) - World stocks fell to a one-month low on Tuesday, as investors dumped chipmakers on concerns about Chinese competition and funding of the AI boom, while rising odds of a U.S. interest rate hike as early as this week further
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Wall Street's flip from AI stocks to elsewhere accelerates, while oil prices keep easing

Wall Street's flip from AI stocks to elsewhere accelerates, while oil prices keep easing

Most U.S. stocks are rising after Coca-Cola and other companies reported stronger profits for the spring than analysts expected
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Wall Street Faces Mixed Trading Amid Global Chip Sell-Off

Wall Street Faces Mixed Trading Amid Global Chip Sell-Off

Wall Street Faces Mixed Trading Amid Global Chip Sell-Off
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World shares are mixed, while South Korea’s Kospi sinks nearly 11% on heavy selling of chipmakers

World shares are mixed, while South Korea’s Kospi sinks nearly 11% on heavy selling of chipmakers

South Korea's Kospi index has plunged nearly 11% on heavy selling of chipmaking stocks that have been battered recently by waves of fears that the boom in artificial intelligence may be a bubble