South Korea’s biggest market strength is starting to look like its biggest vulnerability. On-again-off-again appetite for artificial-intelligence trades is fueling volatility in the country’s benchmark Kospi index, with swings driven by the stocks Read More
LONDON — Fahmi Quadir had the kind of career any short seller would envy: a record of bringing down companies like the fintech giant Wirecard, a fearsome nickname—“ the assassin”—and two Netflix documentaries highlighting her Read More
Whipsaw moves in chip stocks are front and center again this morning, with artificial intelligence stocks sliding in the U.S. and steep drops in SK Hynix and Samsung sending South Korea’s Kospi index Read More
Asia-Pacific equities mostly declined, as a pullback in U.S. chip stocks fueled concerns about the longevity of artificial-intelligence enthusiasm and weighed on chip-heavy South Korea. The highly volatile South Korean equities market, home to Read More
SK Hynix’s historic U.S. trading debut helped investors regain their appetite for the AI trade. American depositary receipts of SK Hynix 000660 -0.27%decrease; down pointing triangle soared 13% Friday as the South Korean chip Read More
U.S. stocks were slightly higher after a multibillion-dollar share offering in the semiconductor sector steadied volatility. The Dow Jones Industrial Average rose 149.6 points, or 0.29%, 52637.01. The broad S&P 500 advanced 31.75, or 0.42%, to 7575.39. The tech-heavy Nasdaq Read More
