Samsung and SK Hynix Lead Kospi Rally as US Futures Decline
South Korean stocks rallied, led by Samsung and SK Hynix, while Wall Street futures declined amid inflation concerns and higher oil prices.
Global stock markets: index moves, earnings, analyst targets and the policy and rate backdrop driving them.
South Korean stocks rallied, led by Samsung and SK Hynix, while Wall Street futures declined amid inflation concerns and higher oil prices.
Analysts see Tempus AI benefiting from personalized cancer vaccines, with potential $600M annual sequencing revenue.
Goldman Sachs says India has weathered external shocks, with MSCI India forward P/E at a decade low of 20x and earnings growth forecast at 12%.
Lululemon stock closed at $100.61, down 80% from its 2023 peak, as the company cut sales forecasts and founder Chip Wilson faces divorce without a prenup.
Nvidia CEO Jensen Huang declares artificial general intelligence a reality, citing OpenAI's GPT-6; his firm supplies AI chips.
European stock benchmarks finished the session mixed, with energy shares supported by higher oil and bond yields climbing on rate concerns.
Isar Aerospace's Spectrum reached orbit on second flight, claiming a €10B pipeline. SPCX stock closed at $147.95.
Strong NFP data raised rate hike expectations, sending the S&P 500 lower. Focus now on US CPI.
Axis Robotics released Axis Sim Dataset V1, a large open-source Franka arm simulation dataset with over 50,000 trajectories, and details its data engine.
Trump posted an AI image claiming big Intel stock gains; the post follows a pattern of stock-related Truth Social messages.
European stocks edged lower at the open as rising oil prices and rate concerns offset tech-led gains in Asia.
Goldman Sachs strategist Timothy Moe holds a 12,000 KOSPI target, requiring a 74% rally, as he bets on strong earnings from Samsung and SK Hynix.
Bloom Energy shares have climbed 52% since a Pelosi household purchase in July; the fuel-cell company also will join the S&P 500.
South Korean stocks and won rallied on AI chip demand, while Japan's Nikkei rose but the calmer markets narrative conflicts with Wall Street's decline.
Apple's first foldable iPhone expected at September 9 keynote, the first major event under new CEO John Ternus.