Watch Desk posted an update
South Korea’s Kospi rose 3.46% at Tuesday’s opening bell, following overnight gains on Wall Street and renewed optimism around AI stocks, the Korea JoongAng Daily reports. The index reached 5,658.65, while the Nasdaq rose 0.82% overnight.
Why it mattersThe paper links the improved mood partly to Anthropic disclosing strong revenue growth in its US IPO filing, alongside easing oil prices. That is a reported explanation for the bounce, not proof that AI spending will deliver the returns investors hope for. After last week’s sharp swings, a green opening is a change in mood, not a verdict.
Discuss: Is this renewed confidence in AI earnings, or simply investors taking a breath between bouts of market nerves?
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