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Kospi Plunges 8.3% Amid Tech Sell-Off, Iran-Israel
Global markets wavered amid a tech sell-off and Middle East tensions, with South Korea's Kospi plunging 8.3% and oil-driven inflation fears resurfacing after Iran-Israel strikes.
Tech stock sell-off accelerates; SoftBank drops 6% as investors sour on AI-linked names
Tech stocks across Asia and Europe fell sharply after the Nasdaq dropped over 4.5% and a Broadcom earnings miss, dragging down major chip makers and SoftBank. The sell‑off, amplified by a risk‑off moo
Foreign investors have dumped billions of dollars of Korean stocks this year despite record rally. Here's why
Foreign investors sold a net 1.24 trillion won ($801 million) of Kospi‑listed shares on Monday, contributing to roughly $62 billion of outflows this year and pushing the index more than 8 % lower at t
Oil spikes past $98, then pares gains as Iran ends strikes
Oil prices briefly spiked more than 5% after Israel and Iran exchanged attacks overnight, the first such exchange since a two-month-old cease-fire, before paring gains when Iran signaled the operation
Crypto Market Structure: Participants, Platforms, Rules
A new guide explains crypto market structure, detailing the participants, platforms, rules, and infrastructure that shape digital asset markets and help investors navigate the ecosystem.
HK IPOs Top Global Fundraising, Half Slip
Hong Kong topped global IPO fundraising last year, but about half of the 179 listings since January 2025 have slipped in price, with Stock Connect stocks showing extreme volatility—some soaring over 3
Why AI hyperscalers are now the epicenter of a bear case for stocks
The author, once bullish on AI‑driven growth, now warns that a surprisingly strong jobs report and soaring data‑center costs have turned AI hyperscalers into a bear case for stocks. With Alphabet plan
Will SpaceX’s $1.75 Trillion IPO Valuation Survive Friday’s Market Rout? - 24/7 Wall St.
Multiple outlets are weighing SpaceX’s upcoming IPO. 24/7 Wall St. reports a $1.75 trillion valuation, the WSJ features the ‘Dean of Valuation’s take on the company’s worth, Reuters explores retail‑in
South Korea’s KOSPI drops 8% as Asian markets tumble
Asian markets tumbled on Monday, led by a sharp 8% plunge in South Korea’s tech‑heavy KOSPI, while U.S. indices recovered, oil prices steadied, and investors eyed the upcoming SpaceX IPO amid easing M
S&P 500 Drops $1.4T as Jobs Report Kills Rate Cut Hopes
The S&P 500 shed roughly $1.4 trillion in market value in its steepest single-day drop since October 2025 after a far stronger-than-expected May jobs report forced investors to price out expected Fede
Bank of Canada likely to hold rates as economy stagnates
The Bank of Canada is expected to keep its policy rate at 2.25% as headline inflation rose to 2.8% in April while core inflation stayed near the 2% target and the economy shows little growth. Economis
Strategy to vote on dividend, Saylor signals BTC buy
Michael Saylor’s X post, shared by CEO Phong Le, drew 2.3 million views, and the company reaffirmed its goal to increase net Bitcoin and Bitcoin‑per‑share holdings. Strategy, which holds 843,706 BTC a
Bitcoin Slide Tied to AI, IPOs, Quantum, Strategy Sale
NYDIG research chief Greg Cipolaro says Bitcoin's recent slide is the result of several overlapping headwinds, not a single catalyst. He points to AI investment momentum, a wave of large tech IPOs, re
Apple Debuts Gemini Siri, SpaceX IPO Friday
The market preview highlights Apple’s upcoming WWDC reveal of a Gemini‑powered Siri and its strong stock rally, Honeywell’s 2026 guidance and investor day, Oracle’s AI data‑center earnings, and the im
Bitcoin risks new purge with bear-market losses still $35B below 2022 total
Bitcoin’s 2026 bear market has realized about $174 billion in losses since the October peak, still below the 2022 record $211 billion despite a larger market cap. On‑chain data from CryptoQuant and co
Banco BPM invites MPS to $58 billion merger talks to form Italy's second-biggest bank - CNBC
Banco BPM has invited Monte dei Paschi to merger talks valued at $58 billion, aiming to create Italy's second‑largest bank. At the same time, Intesa has launched unsolicited bids for Monte dei Paschi
ITR filing 2026: Don't forget to report your cryptocurrency gains — Tax rules explained
India taxes income from cryptocurrencies and NFTs at a flat 30% rate plus a 4% cess, regardless of capital‑gain classification. A 1% tax deducted at source (TDS) applies to any change of ownership, wi
Broadcom shares tumble 13% after AI revenue guidance
Broadcom’s fiscal Q2 earnings beat expectations, but its aggressive Q3 AI‑semiconductor revenue target sparked a 13% after‑hours plunge in AVGO shares, highlighting investor skepticism despite the CEO
What the ‘Dean of Valuation’ Thinks Elon Musk’s SpaceX Is Really Worth - WSJ
The Wall Street Journal profiles the “Dean of Valuation’s estimate of SpaceX’s worth, while Reuters explains how retail investors can purchase shares in the upcoming IPO. Yahoo Finance reports that Fi
CPI, Fed Rate Hike, Oil Rise Shape Markets This Week
The preview notes that a new Consumer Price Index reading and a possible Federal Reserve rate hike will shape market sentiment this week. It also flags heightened risk from a potential Iran conflict,
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