South Korea’s Super-Rich Flock to U.S. to Escape High Inheritance TaxesSouth Korea's 'super-rich' are increasingly seeking U.S. investment immigration due to high inheritance taxes, with a surge in EB-5 visas.
Could Higher Interest Rates Be Good News for Bank Stocks? Analysts Weigh InAnalysts believe rising U.S. interest rates could benefit bank stocks, anticipating steady earnings amid a soft landing expectation.
September 10 Showdown: How the Harris-Trump Debate Might Impact Your InvestmentsOn September 10th, Vice President Kamala Harris and former President Donald Trump will have their first presidential candidate debate.
KOSPI Falls Over 1% Despite Strong Nvidia Earnings: 'Expectations Were Too High'Nvidia's Q2 revenue surpassed expectations but fell short of market hopes, leading to declines in major Korean semiconductor stocks.
NVIDIA Soars to New Heights: Stock Hits $130, Overtakes Microsoft as 2nd Largest NYSE Listed CompanyNVIDIA’s stock rose to $130, making it the second-largest company by market cap, surpassing Microsoft and nearing Apple.
Is a Recession Looming? U.S. Stocks Plunge, Global Markets FollowSouth Korea's Ministry of Economy and Finance held an emergency joint meeting with related agencies today to review financial market trends.
Trump Shooting Caused 10% Surge in Chinese Tech CompanyAn interesting phenomenon happened in the Chinese stock market after the assassination attempt on former U.S. President Donald Trump.
Trump Media Soars 50% After Rally Shooting IncidentShares of Trump Media opened up more than 50% at the start of trading on Monday, the first trading day following a shooting incident.
Tesla Surprises with Stronger-than-Expected Q2 Deliveries, Stocks Soar 10%Tesla's shares soared nearly 10% after the company reported better-than-expected second-quarter vehicle production and delivery numbers.
U.S. Election Jitters? Standard Chartered Diversifies to Ride the WaveStandard Chartered Group announced that it is preparing for uncertainties such as U.S. interest rate cuts and presidential elections.
How Short Sellers Cashed in on Nvidia's DeclineNvidia short sellers have made a profit through a three-day sell-off. According to data analysis company Ortex Technologies on the 25th (local time), Nvidia short sellers made about $5 billion in paper profits through a drastic sell-off over the previous three rounds. Furthermore, with Nvidia’s 6.6% drop on Monday, short sellers raked in $2.4 billion, […]
Bitcoin Bonanza: MicroStrategy's Massive $780 Million Purchase Shocks Market“This man is the real deal.” According to foreign media reports on the 21st, U.S., corporate software company MicroStrategy recently issued convertible bonds (CB) to purchase an additional $780 million worth of Bitcoin. They made this purchase as Bitcoin prices fell below $65,000. MicroStrategy is famous for its Bitcoin debt investment. According to the U.S. […]
Wall Street Guru: Why Apple's AI Push Could Make You RichSteve Eisman, a well-known Wall Street fund manager and the real-life protagonist of The Big Short, ...
Nancy Pelosi's Husband Strikes Gold with Nvidia OptionsFinancial service platform Unusual Whales has estimated the investment earnings from NVIDIA of former U.S. House Speaker Nancy Pelosi. It has been reported that she also made considerable profits from investing in other companies like Google. According to Unusual Whales on the 30th, it is estimated that former House Speaker Nancy Pelosi and her husband, […]
Elon Musk's Firm Hits New Heights: SpaceX Worth $200 Billion!Bloomberg reported on the 23rd (local time) that the value of SpaceX, the space company led by Tesla CEO Elon Musk, has been valued to be about $200 billion. It was reported that SpaceX plans to sell insider stocks at a price between $108 and $110 per share through a tender offer, meaning the company […]
NVIDIA's AI Chips: Powering the Future of Self-Driving CarsThe demand for NVIDIA’s artificial intelligence (AI) semiconductors is rapidly expanding beyond major IT companies to automakers, including Tesla. This can be seen as a move to develop autonomous driving technology. As a result, the competition for AI technology, which has been focused on the cloud sector, is expanding to the autonomous vehicle sector, projecting […]
Tech Stocks Rally: Nvidia and Microsoft at the ForefrontThe New York Stock Exchange closed higher on the 21st (local time). The stock market’s rise was driven by anticipation of Nvidia’s earnings announcement, ahead of the release of the minutes from last month’s Federal Open Market Committee (FOMC) meeting of the Federal Reserve (Fed). At the NYSE, the Dow Jones Industrial Average closed at […]
HYBE's Chairman Loses $470 Million in Stock Value Amidst Company DisputeSeoul Economy StarDB Recent internal conflicts over management rights resulted in a decrease in the stock value of HYBE, a record planning and production company owned by Chairman Bang Si Hyuk, by 550 billion won ($402 million). According to the Korea CXO Research Institute, which specializes in corporate analysis, 30 individual shareholders had a market […]
Ark Invest CEO Cathie Wood Bets Big on OpenAICathie Wood, CEO of Ark Invest, also known as “Money Tree Sister” in South Korea, revealed that she owns shares in OpenAI, the developer of ChatGPT. According to Bloomberg on the 11th (local time), Wood wrote in a letter to investors the previous day, “As of the 10th, the Ark Venture Fund is invested in […]
Citadel CEO Ken Griffin Bets Big on Amazon's AI FutureCitadel LLC CEO Ken Griffin has increased his stake in Amazon.com, Inc. This decision is based on Amazon’s growing prominence as a leader in AI (Artificial Intelligence) within the cloud and e-commerce platforms. According to industry sources on the 10th, Griffin’s Citadel hedge fund has more than tripled its investment in Amazon.com, Inc. Citadel’s top […]
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