Topic
speculation
Technology AI's dotcom deja vu: KOSPI loses 22% in July as $1.2 trillion vanishes
The KOSPI Composite Index lost 22% in July, its third-worst month, as concentrated AI chip bets unwound. $1.2 trillion of market cap evaporated. The report says AI-front-runner stocks are down 30% on average, erasing $6 trillion, with the S&P 500's 33x P/E echoing dotcom bubble conditions.
Business Woodside Energy Dismisses ExxonMobil Takeover Speculation as Unfounded
Woodside Energy has denied any discussions with ExxonMobil regarding a potential acquisition, following media reports that the U.S. supermajor was evaluating Woodside as a target to bolster its LNG and Asian market presence. Bloomberg reported early-stage internal talks at ExxonMobil, but Woodside confirmed no proposal or negotiations exist.
Technology AI in Supply Chains: Bubble or Boom?
The AI-driven surge in stock market valuations raises concerns about a potential bubble, especially in supply chain technologies. We explore the implications for global trade and logistics.