Why South Korea's stock market is driving wild Wall Street swings
South Korea’s stock market is becoming one of the world’s most important gauges for the AI trade, with its sharp swings increasingly spilling over into Wall Street and beyond.
On Tuesday, the country’s benchmark Kospi index closed 3.6% higher following a program trading halt, extending another volatile stretch that began when a record-setting rally earlier this year gave way to a sharp pullback in recent weeks.
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Read MoreWarren Buffett Credits Luck For His $147 Billion Fortune, Says He’s Among World’s 10 Luckiest People
“I have been lucky and healthy to get to 95…and, fortunately, I got exposed, partly accidentally, to what I liked to do very early on,” Buffett said, referring to his father’s ownership of a stock brokerage that gave him early investing lessons. “That was just an accident. If my father had been a plumber,
Read MoreKevin Warsh implements his first major Federal Reserve overhaul
This has been a history-packed year for Wall Street, with the Dow Jones Industrial Average (^DJI 0.59%), S&P 500 (^GSPC 0.19%), and Nasdaq Composite (^IXIC 0.05%) hitting new highs and the largest-ever initial public offering taking shape.
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Read More2 Discounted Stocks Cathie Wood Is Buying Aggressively Right Now
Cathie Wood is known for ignoring short-term obstacles and instead focusing on a company’s long-term picture. That has allowed her to get in on some of the world’s most exciting and innovative companies at fantastic prices. The chief executive officer of Ark Invest doesn’t wait for everyone else to get excited about a stock and pile in;
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Read More2 Top-Ranked Royce Mutual Funds for Your Investment Portfolio
Royce Investment Partners is a boutique asset manager based in New York. The firm focuses on actively managing small-cap mutual funds. As of March 31, 2026, the company had $11.3 billion in assets under management (AUM).
Royce’s strategy for investing in small-cap stocks is based on a fundamental research-driven,
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Read MoreThe Burst
Why Stanley Druckenmiller Took a Swing at StubHub
Stanley Druckenmiller almost never buys newly public stocks, yet his Duquesne Family Office acquired 4.3 million shares of StubHub shortly after its September IPO.
When a macro investor with his track record breaks his own pattern, it usually signals that he sees something the rest of the market hasn’t priced in.
Key Points
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Druckenmiller sees StubHub as a dominant,
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Read MoreThe Ivy
Is IonQ The Best Bet on the Future of Quantum?
IonQ has been one of the biggest beneficiaries of renewed excitement around next-generation computing. Shares are up roughly 3x the S&P 500 this year as investors increasingly view quantum computing as moving closer to real-world use rather than remaining a purely academic pursuit.
The key question is whether IonQ’s rally reflects genuine long-term potential,
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Read MoreThe Spotlight
Billionaire Dumps Popular AI Stock
In the second quarter, billionaire Steven Cohen exited its entire position in SoundHound AI, a company once touted as one of the purest ways to invest in voice-driven artificial intelligence.
The move came after SoundHound’s stock had surged more than 3x in a year as investors piled into anything labeled “AI.”
So why would one of Wall Street’s most sophisticated investors bail out just as the hype peaked?