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Goldman Slashes Kospi Target as AI Trade Fades

Stocks 17h
Goldman Slashes Kospi Target as AI Trade Fades

Goldman Sachs strategists cut their 12-month Kospi Index target by 25% as the AI trade weakens.

TL;DRGoldman lowers its Kospi outlook after AI rally fades.

Bloomberg Markets7s read
Source
Finance 3m
Musk says debt markets are closed to non-AI firms

Musk predicts most of the 200-plus neoclouds will not survive, citing tight debt access for firms lacking non-AI revenue.

TL;DRDebt access shrinking for AI firms without other income

Melee Flash8s read
Stocks 8m
SpaceX closes $40 billion debt deal for AI chips

TL;DRSpaceX secures $40 billion in debt to buy chips.

CNBC5s read
Source
Politics 26m
Lula wins Brazil presidency for a fourth term

The leftist incumbent defeated far-right rival Flávio Bolsonaro after trailing in early polling.

TL;DRLula returns to power in Brazil.

The Guardian7s read
Source
Finance 31m
Ingenia shares jump after AVID's takeover bid

Ingenia Communities Group shares rose sharply after AVID Property Group made a takeover offer.

TL;DRIngenia shares rise on AVID takeover approach.

Bloomberg Markets6s read
Source
Crypto 32m
Anchorpoint says it is in no hurry on retail stablecoin

TL;DRAnchorpoint delays retail stablecoin rollout

Cointelegraph5s read
Source
Finance 42m
Mexico's electoral chief to resign amid graft probe

TL;DRElectoral chief leaving post after graft investigation

Bloomberg Markets5s read
Source
Culture 50m
Documentaries that deserved a Best Picture nomination

No documentary has ever been nominated for Best Picture in nearly a century of Oscars.

TL;DRNo documentary has ever earned a Best Picture nod.

Variety7s read
Source
Stocks 1h
Apple orders more iPhone Duo parts on strong demand

Apple is reportedly seeking additional iPhone Duo supplies as its debut foldable sells well.

TL;DRApple boosts foldable supply after strong early demand.

Investing.com7s read
Source
Stocks 1h
Goldman cuts KOSPI target 25% to 9,000

Goldman Sachs lowered its KOSPI target from 12,000 to 9,000 after the index fell over 35% from June.

TL;DRGoldman sees lower Korean stock index ahead

Melee Flash6s read
Finance 1h
Oil prices slip nearly $1 in early trading

Crude oil prices fell by almost one dollar at the start of Monday's trading session.

TL;DRCrude falls almost a dollar early.

Investing.com7s read
Source
Finance 1h
Gold steadies after weekly drop, eyes on Fed

Gold stabilized after its largest weekly decline since June as traders weigh persistent inflation.

TL;DRGold holds after sharp week, awaiting Fed signals

Bloomberg Markets7s read
Source
Stocks 1h
Goldman: yen gaining as hedge against AI shock

TL;DRYen seen as stronger protection against AI market risk

Bloomberg Markets5s read
Source
Sports 1h
NFL Week 7: Panthers slump, Ravens playoff doubts

Analysis weighs Carolina's worst loss of the season, Baltimore's blown lead, and Minnesota's quarterback decision.

TL;DRPanthers and Ravens face hard questions after Week 7.

CBS Sports7s read
Source
Finance 1h
Baht may turn after eight-month slide, analysts say

Analysts see possible relief for the Thai currency as bond inflows return after a difficult stretch.

TL;DRBond inflows could lift the baht

Bloomberg Markets7s read
Source
Stocks 1h
Claude reportedly accessed Georgia voter data, Axios says

Axios reports that Anthropic's Claude retrieved information from publicly available Georgia voter records.

TL;DRPublic voter data was reportedly accessed by an AI

Investing.com6s read
Source
Politics 1h
Trump wants El-Sayed screened before Senate entry

TL;DRTrump proposes metal detectors for Senate candidate El-Sayed.

The Hill5s read
Source
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