KOSPI stock market halts after 8% crash triggers circuit breaker

The KOSPI crash highlights vulnerabilities in tech markets, with potential global repercussions on investment strategies and economic policies. The post Tech sell-off widens as South Korea’s KOSPI index crashes 8.3%, triggering circuit breakers appeared first on Crypto Briefing.

BlackRock chief investment officer Rick Rieder believes that the bull run in US equities will continue, driven by higher earnings estimates. In a new interview at the CNBC CEO Council Summit, Rieder says the market is in the midst of an “extraordinary period of time” as stock prices rise while earnings multiples fall. While Rieder […] The post BlackRock CIO Rick Rieder Sees Sustained Stock Market Bull Run, Names One Equity Group Flashing Solid Fundamentals appeared first on The Daily Hodl.

South Korea’s KOSPI index plunged 8.4% on Monday, triggering a rare circuit breaker that froze trading for 20 minutes as a global semiconductor selloff battered Asian markets and rattled risk assets, including crypto. A Rare Trading Halt The Korea Exchange activated a Level 1 circuit breaker at 9:03 a.m. local time, suspending trading for 20 […]

Crypto shed $250B while U.S. stocks sat at record highs. Why the crash had nothing to do with the stock market, what caused it, and what the decoupling means.

The foreign sell-off in South Korea's stock market highlights vulnerabilities in global investor confidence, impacting economic stability and growth. The post South Korea stock market shows strain as foreigners sell $10B in a week appeared first on Crypto Briefing.

The brokerage, investing and financial advisory arm of Wells Fargo is highlighting one market sector that could benefit immensely from growing investments in artificial intelligence (AI) and data centers. Wells Fargo Advisors says that the current stock market performance is being driven by investments in artificial intelligence (AI) and data centers. According to Wells Fargo […] The post Wells Fargo Says AI and Data Centers ‘Increasingly Driving Stock Market Performance,’ Predicts This Sector Will See the Greatest Benefit appeared first on The Daily Hodl.

After a prolonged period of downside price action, Bitcoin is now on the verge of breaking the $63,000 mark, a level that was last seen in late 2024. Given the robust drop from its all-time high of $126,000, BTC has significantly underperformed when compared to several assets in the stock market. Micron Technology, A Stronger […]

IPO could raise up to $75bn, giving SpaceX market value of $1.77tn as it sets up Musk for extraordinary wealth Space X is seeking to raise about $75bn through its imminent initial public offering, a company filing on Wednesday revealed, which would make it the largest IPO ever. If the stock market launch – primed for next week – goes accordingly, founder Elon Musk, the world’s wealthiest person, could be poised to make history as the first trillionaire. Continue reading...