Kospi Surges 18% on AI Optimism
Tech stocks rallied as a rebound in chipmakers carried into Friday, with an unprecedented 18% surge in South Korea's Kospi Index leading the charge. Bloomberg's Neil Campling reports.
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Tech stocks rallied as a rebound in chipmakers carried into Friday, with an unprecedented 18% surge in South Korea's Kospi Index leading the charge. Bloomberg's Neil Campling reports.
Assets at Leopold Aschenbrenner's hedge fund Situational Awareness has gone from $45 billion to $10 billion in a month. Bloomberg's Nishant Kumar joins "Bloomberg Brief" to discuss the fund's AI bets and how Citadel stepped in to buy the bulk of the bets.
Telegram founder Pavel Durov denied allegations linking the messaging platform to terrorism after comments from Russian authorities.
Anna Edwards, Guy Johnson and Mark Cudmore break down today's key themes for analysts and investors on "Bloomberg: The Opening Trade."
ARK Invest sold part of its holding in BitMine Immersion Technologies while buying additional shares in Coinbase Global and Circle Internet Group.
Aave (CRYPTO:AAVE) founder Stani Kulechov has supported a proposal to address about US$98 million in bad debt held by the decentralised lending protocol.
CME Group has warned that current US tax rules could create challenges for regulated perpetual futures contracts, according to comments from company executives.
US spot Bitcoin (CRYPTO:BTC) exchange-traded funds recorded a net inflow of US$8.1 million, ending five straight trading days of net outflows that totalled more than US$500 million.
Quantum Solutions has sold 1,000 Ethereum (CRYPTO:ETH) as it redirects capital towards expanding its artificial intelligence business.
The Canary HBAR ETF held US$47.8 million in assets after its launch on Nasdaq, according to the fund's latest figures.
President Trump says his US-led Board of Peace has reached a deal to disarm Hamas and other armed groups in Gaza and establish a new Palestinian government. Hamas has agreed to the deal. Ian Parmeter, former Australian ambassador to Lebanon & Research Scholar at the Australian National University's Center for Arab and Islamic studies spoke to Bloomberg's Abeer Abu Omar on Horizons Middle East & Africa on whether President Trump will claim this as a win in his bid to end wars.
The Bank of Japan has kept its rate policy unchanged and nudged its economic growth forecast higher. Officials stop short of confirming an intervention that drove the yen sharply higher. Hiromi Ishihara, Head of equity investment at Amundi Japan told Bloomberg's Abeer Abu Omar on Horizons Middle East & Africa what investors are watching out for.
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