GgoogleUS first seen 1 d ago, last 9 h ago, peak #2
South Korea's Kospi Slides as AI Stock Rally Cools
Original: kospi
South Korea's benchmark Kospi index is sliding as foreign investors pull out of the country's technology stocks, which had surged earlier this year on optimism around artificial intelligence. Outlets including Bloomberg, Business Insider and Investing.com report the once-red-hot AI trade has gone cold, while UPI notes Seoul shares fell over 3 percent amid a broader tech sell-off and concerns over the Middle East and inflation.
Why now: Foreign selling and a sharp tech-led drop have made the Kospi a trending topic across multiple countries.
Evidence
- Foreign investors flee South Korean stocks as AI boom loses steam By Investing.com · Investing.com
- The World's Hottest AI Stock Market Has Gone Cold · Business Insider
- Once-Hot AI Trade Leaves Korean Stocks Struggling for Buyers · Bloomberg.com
- Seoul shares plunge over 3 pct on tech sell-off amid Mideast, inflation woes · upi
- Foreign investors flee South Korean stocks as AI boom loses steam · Yahoo Finance
Elsewhere
API: https://socialmediatrends-api.osmike.com/v1/trends/1961489