Industry9h ago
South Korea's Kospi Drops 4.5% On AI Selloff
South Korea's Kospi fell 4.5% as investors offloaded AI-linked stocks. This downturn follows a Friday slide where the Nasdaq composite lost 1.4%. Geopolitical tensions in the Middle East further destabilized markets. The volatility suggests a cooling of investor appetite for high-valuation AI plays amidst broader macroeconomic instability.