Friday, April 4, 2025

ChatGPT Changed the Game—Now China’s AI Sector is Cooling Fast

Alibaba's Daniel Zhang warns of an AI infrastructure bubble as demand lags behind supply, impacting China's tech landscape.

Putin’s North Korea Agenda: Strengthening Ties Amid Global Scrutiny

It was speculated on June 13, that...

Bitcoin Continues to Drop, How Far Will It Fall?

Cryptocurrency analysis firm 10x Research issued a report on the 19th predicting that the first resistance line will be $59,000.
Friday, April 4, 2025

Tag: financial

North KoreaSouth KoreaKoreaMilitaryk-popmarketAIKim Jong UnRussia

Super Micro Posts 9% Gain, Riding NVIDIA’s Rebound After A Dramatic Decline

Super Micro's stock surged 9% after NVIDIA's rebound, reflecting renewed investor confidence following a tumultuous year of setbacks.

Funding Cuts Threaten Progress on North Korean Human Rights, UN Warns

UN Rapporteur Elizabeth Salmón urges financial support for South Korean NGOs working on North Korean human rights amid funding cuts.

Super Micro’s 21% After-Hours Surge Follows Timely Financial Report Submission

Super Micro Computer's stock soared over 21% after submitting financial documents, recovering from earlier accounting fraud concerns.

Palantir’s 24% Drop in 5 Days Linked to DoD Budget Cuts, Despite AI Sector Growth

Palantir Technologies' stock dropped 10% after DoD budget cuts, highlighting its reliance on government contracts amidst an AI boom.

North Korea’s Lazarus Group Behind $1.5 Billion Bybit Hack

North Korea's Lazarus Group hacked Bybit, stealing $1.5 billion and causing $4 billion in withdrawals, marking the largest crypto hack ever.

LG Electronics’ Financial Stability Shines as Moody’s Upgrades Credit Rating Outlook

Moody's upgrades LG Electronics' credit outlook to Positive, citing strong brand power and financial health despite market uncertainties.

Samsung to Retire Over 50 Million Shares in KRW 3.5 Trillion Buyback

Samsung Electronics plans to retire over 50 M shares, investing KRW 3.5 trillion to enhance shareholder value and stabilize stock prices.

Samsung Asset Management Rebrands ETF to Simplify Investor Understanding

Samsung Asset Management renames its ETF to enhance investor understanding while maintaining its investment strategy in U.S. semiconductors.

Nikola’s Stock Crashes 41% Amid Looming Bankruptcy Protection Filing

Nikola's stock plummets over 41% amid bankruptcy protection reports, as the company considers restructuring and potential sale options.

Gold-Backed Financial Products See Massive Growth in South Korea Amid Price Surge

Gold prices surge amid global uncertainty, boosting interest in gold banking and sales in South Korea, with accounts increasing significantly.

Kakao Bank Hits New Milestones with 26% Profit Surge and 2 Million New Users

Kakao Bank's stock rises after reporting record profits and strong customer growth, with 24.88 million customers and increased engagement.

Semiconductor Stocks Slump After Reports of Potential Trump Tariffs

Nvidia's stock dropped nearly 3% as the Trump administration considers tariffs on semiconductors, causing a broad decline in the sector.

Intel Shares Gain 2% After Strong Earnings, But Soft Outlook Puts Pressure on Stock

Intel's earnings beat expectations, but a weaker forecast for the next quarter led to modest after-hours gains in stock price.

South Korea’s Economy Minister Urges Close Monitoring of Financial Markets After Holiday Period

Choi Sang Mok highlights the need to monitor financial markets closely amid external uncertainties and U.S. policy impacts on South Korea's economy.

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