The Korea Fund (KF) fell 12% in one trading day due to a 5.54% drop in the KOSPI index and a widening discount typical of closed-end funds. The selloff was triggered by Broadcom's cautious outlook on AI chip demand and a stronger-than-expected U.S. jobs report that raised rate hike concerns, weakening emerging market currencies including the Korean won. Despite the sharp one-day loss, KF remains up 80% year-to-date, supported by strong Korean AI memory stocks. The fund's future depends heavily on Samsung's progress in qualifying AI memory chips with NVIDIA, Bank of Korea's currency policy, and Q2 earnings from major Korean exporters.
The VanEck Semiconductor ETF (SMH) has gained 77.13% in just over five months, far outpacing the S&P 500's 10.61% return year-to-date. This surge is driven by strong AI-related capital expenditures across the semiconductor supply chain, including chi...
US stock markets fell last week despite record highs, with tech and semiconductor shares dropping sharply after a strong May jobs report raised concerns about prolonged Federal Reserve rate hikes. The Nasdaq fell 4.68%, and semiconductor ETFs saw the...
The S&P 500's nine-week rally abruptly ended with a sharp selloff following a better-than-expected employment report. This triggered a shift in investor sentiment from high-risk growth stocks to safer value, defensive, and energy sectors. Five of twe...
The MicroSectors FANG+ 3X Leveraged ETN (FNGU) fell 16% in a single session on June 5, 2026, driven by a sharp selloff in major tech stocks like NVIDIA and Broadcom, and rising short-term interest rates following a strong jobs report. Despite a 22% d...
Goldman Sachs projects annual AI capital spending to reach $765 billion by 2026 and $1.6 trillion by 2031, driving growth in AI-focused investment funds. Three active or active-leaning ETFs—iShares A.I. Innovation and Tech Active ETF (BAI), iShares F...
