Global Stock Market

Key Takeaways KOSPI worst performer: South Korea’s index plunged as much as 6%, with Samsung and SK Hynix each sinking over 8%. Labor minister shocks markets: South Korea’s Labor Minister called on major tech firms to share more AI profits with suppliers, subcontractors, and workers. Samsung-union deal: Minister Kim Young-Hoon …

Is a Wave of Unemployment Sweeping Through the U.S. Labor Market Because of Artificial Intelligence? (U.S. Employment Data Outlook Report)Key Takeaways– Artificial intelligence is leading the causes of layoffs and job eliminations.– The U.S. labor market is following a “low hiring, low firing” model, reflecting significant hesitation in both hiring …

On Thursday, technology shares came under renewed pressure as major semiconductor names sold off sharply, dragging the entire chip sector lower and signaling a potential cooling phase after a strong AI-driven rally.The weakness was led by heavy losses in several key chipmakers, with investors rapidly reassessing expectations that had been …

The Dow Jones Industrial Average surged to a new record high, climbing sharply as investors shifted capital away from high-growth technology stocks and into more traditional, defensive sectors. The index’s strong advance reflects a clear change in market leadership, where established companies are once again driving gains while momentum-driven tech …

SpaceX has officially unveiled its IPO roadshow presentation as it moves toward one of the most significant public offerings in financial history. The company is targeting approximately $75 billion in fundraising, with a potential valuation nearing $1.8 trillion. Led by Elon Musk, SpaceX is positioning itself far beyond a traditional …

Key Takeaways Claims beat forecasts: Initial jobless claims rose to 225,000 for the week ending May 30, above the 213,000 expected. Prior week revised down: The previous week’s reading was revised to 212,000 from the initially reported 215,000. 4-week moving average rises: The rolling average climbed 6,500 to 214,750 signaling …

Key Takeaways Ceasefire Renewed: Israel and Lebanon have agreed to extend their fragile truce following a fourth round of U.S.-mediated talks, conditioning the agreement on Hezbollah withdrawing south of the Litani River. Crude Oil Drops: Global energy markets responded immediately to the diplomatic progress, with Brent crude futures sliding 1.3% …

Key Takeaways Broad regional retreat: Asian markets fell as tech and chip stocks gave back recent gains amid Iran uncertainty and Broadcom’s post-earnings slump. Broadcom crashes 12%: The chip designer’s mixed earnings and unchanged AI guidance disappointed markets, with losses spilling across Asia. Nikkei drops 1.9%: Japan’s index slumped after …

Meta Platforms shares rose more than 4% on Wednesday as investors reacted positively to the company’s expanding artificial intelligence strategy, which is increasingly focused on new revenue streams beyond traditional digital advertising.The stock move came after Meta unveiled a new AI-powered business tool designed to help companies manage customer interactions …

The US labor market is entering a pivotal phase, reflecting a cautious balance between continued job creation and underlying structural pressures that could shape the economic trajectory in the coming period.In May 2026, the change in nonfarm employment reported by ADP showed an addition of around 122,000 jobs, surpassing economists’ …