South Korean traders’ leveraged bets unravel

A Korea Exchange (KRX) employee monitors stock market data on computer screens in the Yeouido financial district of Seoul, South Korea, on May 11, 2026. Chris Jung | Nurphoto | Getty Images South Korean retail investors who piled into leveraged bets on the country’s AI champions are nursing steep losses after a sharp reversal, exposing…

Read More

The AI rotation stole the spotlight from a strong start to earnings season

The AI trade dominated the market once again this week, upstaging an impressive start to the second-quarter earnings season. Cooler-than-expected June reports on consumer and producer prices offered encouraging signs that inflation continued to ease, while earnings from the nation’s largest banks reinforced the strength of capital markets. At the same time, investors kept one…

Read More