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themachinestops@lemmy.dbzer0.com to Technology@beehaw.orgEnglish · 17 hours ago

South Korean stock market at three-month low as AI sell-off intensifies

www.theguardian.com

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South Korean stock market at three-month low as AI sell-off intensifies

www.theguardian.com

themachinestops@lemmy.dbzer0.com to Technology@beehaw.orgEnglish · 17 hours ago
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  • cross-posted to:
  • technology@lemmy.world
  • technology@lemmy.ml
  • technology@midwest.social
  • technology@piefed.social
Samsung and SK Hynix fall by more than 10% amid renewed fears over AI spending and Chinese competition

cross-posted from: https://lemmy.dbzer0.com/post/73107495

Goldman’s strategists reckon this means around one in 30 adults in the country, or 3.4% of the adult ⁠population margin called

https://www.reuters.com/commentary/reuters-open-interest/korean-stock-volatility-comes-america-can-wall-street-take-heat-2026-07-20/

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  • belated_frog_pants@beehaw.org
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    9 hours ago

    Pop! Pop! Pop!

  • PonyOfWar@pawb.social
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    16 hours ago

    Are we finally getting there?

    • Cricket@lemmy.zip@lemmy.zip
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      16 hours ago

      🙏 🤲

    • samwise_gamgee@beehaw.org
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      15 hours ago

      The drop goes ever on and on

      down from the peak where it began.

      Now far along the drop has gone

      and I must party, if I can,

      watching it with eager eyes

      as it crashes like a wave

      where many yachts will capsize

      and the tech bros won’t be saved.

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