
Kospi Falls 3.7% as AI Spending Doubts Hit Samsung, SK Hynix
Samsung Electronics (005930.KS) fell 3% and SK Hynix 4.2% as foreign investors sold and US yields stayed high
Daily Digest
Daily Digest
Pomegra Briefs - Page 6 of 52
Short, sourced summaries of the biggest market stories - what happened, why it matters, the key numbers, and what to watch next

Samsung Electronics (005930.KS) fell 3% and SK Hynix 4.2% as foreign investors sold and US yields stayed high

Gold (XAU/USD) is down 0.6% as the 10-year Treasury yield hits 5.14% and a December Fed hike looks likely.
RTX (NYSE:RTX) reports Q3 before the open; Wall Street expects $1.78 a share on $24.1B in sales.
The Jakarta Composite (JKSE) is down 43% this year as MSCI weighs standalone status for Indonesia.

GE Aerospace (GE) reports before the open; analysts expect $12.9B in sales, about 14% above a year ago.

General Motors (GM) reports before the bell as investors watch 2026 guidance and $2.5B–$3.5B tariff costs.

National Australia Bank (NAB.AX) will cut 6% of staff by mid-2027 and take an A$300M restructuring charge.
Micron (MU), Sandisk (SNDK) and AMD bounced after steep drops as the S&P 500 added 0.4% and the Dow slipped.
Bitcoin (BTC) steadied near $82,000 while US spot Bitcoin ETFs shed $229M and Ether funds $320M last week.

Moderna (MRNA) is up over 600% this year after joining the Nasdaq-100, with Phase 3 data due Saturday.
Marvell (MRVL) rose 6% and Broadcom (AVGO) 3% after an analyst said Google's TPU v9 delay leaves roles safe.
Brent crude (BZ=F) settled at $109.55 after a US official denied Iran's claim of a naval base attack.

Brent (BZ=F) fell 1.8% as Trump waived Russia sanctions while drones hit a St. Petersburg terminal

Datadog (DDOG) trades near $260 as Bernstein lifts its target to $350 on faster AI software demand.
Silgan Holdings (SLGN) will own 60% of a $7.3B metal packaging firm and use $2.3B in cash to cut debt.
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