South Korea's Kospi and Kosdaq indexes triggered market-wide circuit breakers for the second consecutive day, marking a historic first. The Kospi fell over 8% intraday, driven by heavy selling in semiconductor stocks like SK Hynix, despite the latter reporting a 557% profit increase that still missed expectations. The selloff was triggered by concerns over competition from Chinese chipmakers and large leveraged ETFs. Meanwhile, Bitcoin defied the market trend, rising above $64,000, signaling a possible decoupling from Korean tech stocks. The situation remains volatile, with further drops in chip stocks potentially triggering more circuit breakers soon.
EDMO has expanded its System Intelligence layer to integrate AI tools like Interview Analyzer and Transfer Credit Evaluator with major university CRM systems such as Salesforce, Slate, HubSpot, and Zoho. This plug-and-play solution allows universitie...
Amazon CEO Andy Jassy has sold $25 billion in bonds to finance the company's expansion of AI data centers. This move is part of Amazon's broader commitment to invest $200 billion in capital expenditures throughout 2026. The bond sale highlights Amazo...
VisionWave Holdings has filed a U.S. patent application for DeepWave RF™, a new AI-powered platform designed to sense and visualize geological formations ahead of a drill bit. This technology integrates software-defined radio, edge computing, and phy...
Capital Bank has appointed James “Jay” Como III as its new Chief Operating Officer. Mr. Como will oversee enterprise operations with a focus on modernizing processes and expanding the use of data, automation, and AI to improve efficiency. He brings o...
Siemens Energy AG, a global leader in energy technology, has upgraded its U.S. trading status to the OTCQX Best Market from the Pink Limited Market. This move allows U.S. investors better access to the company, which is expanding its U.S. operations ...
