economy

South Korea’s Finance Minister Apologizes as Retail Investors Suffer Losses from Leveraged ETFs Amid Chip Stock Decline

07/29/2026, 12:35 AM economy losses finance
South Korea's finance minister has apologized as retail investors face significant losses from leveraged ETFs amid a downturn in the stock market, particularly affecting chip stocks. This situation highlights the risks associated with speculative trading and may lead to regulatory changes limiting access to these investment products.
Advanced Micro Devices Taiwan Semiconductor Manufacturing Company Nvidia Intel

Asian Technology Stocks Continue Decline with SoftBank Group (9984) Falling Over 7% Amid Weakness in AI-Related Chip Sector

Asian technology stocks, particularly in the semiconductor sector, experienced significant declines, led by SK Hynix's over 10% drop despite reporting record profits. This trend reflects broader market volatility and investor sentiment towards technology stocks, particularly in light of recent U.S. market performance.
Micron Costco Western Digital Nvidia Sandisk Walmart Johnson & Johnson Seagate Technology Salesforce

Jim Cramer Observes Wall Street Shifting Focus from AI Stocks to Growth Companies

Investors are shifting away from AI infrastructure stocks, which have seen significant price drops, and are reallocating funds into companies with more stable growth prospects. This trend highlights a broader market rotation as investors seek to capitalize on different sectors.