Mastodawn

South Korea's benchmark KOSPI index crashes over 6% to fall below the 7,500 level as foreign investors trigger massive selloff worth 5 trillion won, marking one of the sharpest single-day declines amid heightened market volatility and investor exodus
#YonhapInfomax #KOSPI #ForeignInvestors #MarketCrash #Selloff #StockMarket #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=120781

KOSPI Plunges Over 6% Below 7,500 as Foreigners Dump 5 Trillion Won

Yonhap Infomax

Don Curren 🇨🇦🇺🇦Mar 25

1 Bloomberg’s John Authers: the #gold #selloff from its January intraday peak to the trough earlier this week was an epic 27%, while the week leading up to Trump’s post threatening to attack Iranian energy installations was its worst five-day decline since 2013. #markets

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☮ ♥ ♬ 🧑‍💻Mar 20

“#Atlassian’s stock has been among the hardest hit by the “#SaaSpocalypse”, a term coined to describe the #SellOff of software-as-a-service companies seen to be most threatened by #AI. In #Australia, it has been dubbed a “#SaaSaccre”.

#USA listed Atlassian is the worst performer of the #Nasdaq100 this year, losing more than half of its value since the start of January. The company, which trades under the ticker #TEAM, commanded a market capitalisation of $116bn five years ago but is now worth $20bn.”

If Atlassian made its fortune on worker collaboration, the AI #WhiteCollar movement will reduce people working and solve the “communication problem” between individuals.

Less workers, less #communication. Atlassian has a double whammy hit to its #business.

#ZeroHourWork / #work / #software <https://archive.md/CztkH> / <https://www.ft.com/content/206df66d-09ac-46b6-a3c6-a25aaf07eb8a?syn-25a6b1a6=1> (paywall)

☮ ♥ ♬ 🧑‍💻Mar 18

“Over the past three-and-a-half decades, #India's #SoftwareIndustry has created millions of #WhiteCollar jobs, spawning a new #MiddleClass driven by high ambition and strong purchasing power. This, in turn, has fuelled demand for apartments, cars and restaurants across top-tier cities such as #Bengaluru, #Hyderabad and #Gurugram over the past 30 years.

The #NiftyITIndex of 10 of the country's biggest software companies is down some 20% this year, wiping out tens of billions of dollars in investor money.
The #SellOff began early in February after #Anthropic's #Claude agent released a new tool that it claimed could automate key legal, compliance and data processes, hitting at the heart of the #LabourHeavy industry's #BusinessModel.”

#AI / #ArtificialIntelligence / #software / #engineering <https://bbc.com/news/articles/c5yrq1090p8o>

Bengaluru: Can India's $300bn outsourcing industry survive AI?

Indian IT stocks have plunged as fears grow of AI disrupting back offices. But some say these are overblown.

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Don Curren 🇨🇦🇺🇦Mar 12

2 Bloomberg: The #selloff has pushed the #30-year #Treasury yield to close to 4.90%, the highest in a month, as #investors factor in the cost of #militaryoperations. 🧵 #markets #bonds #bondmarkets

misryoum global news network Mar 9

WAR Token Explodes 100%, Then Crashes 20% In Sudden Sell-Off

https://misryoum.com/us/economy/war-token-explodes-100-then-crashes-20-in/

One person — or entity — controls 31% of all WAR tokens in circulation. That single fact sits quietly in the background as the Solana-based memecoin grabs headlines for one of the more dramatic two-day price swings in the current...

#WAR #Token #Explodes #100 #Then #Crashes #Sudden #SellOff #US_News_Hub #misryoum_com

WAR Token Explodes 100%, Then Crashes 20% In Sudden Sell-Off

One person — or entity — controls 31% of all WAR tokens in circulation. That single fact sits quietly in the background as the Solana-based memecoin grabs

US News Hub

misryoum global news network Mar 8

Wall Street analysts weigh tech stock picks amid market sell-off

https://misryoum.com/us/economy/wall-street-analysts-weigh-tech-stock-picks-amid/

Markets sold off this past week as escalating US-Israeli strikes sent oil prices to their highest levels since 2024, leaving investors scrambling to price in the risk of a prolonged regional conflict. In times of volatility, Wall Street strategists...

#Wall #Street #analysts #weigh #tech #stock #picks #amid #market #selloff #US_News_Hub #misryoum_com

Don Curren 🇨🇦🇺🇦Mar 6

Bloomberg: The #selloff in #global #bonds deepened and #stocks fell after another jump in #oil prices fanned fears over #inflation. #markets

blog.TO Mar 5

Toronto Maple Leafs trade deadline fire sale has begun and they just got a first-rounder
The sell-off has begun for the Toronto Maple Leafs. For the first time in a decade, the Leafs are selling off assets at the NHL trade deadline rather than loading up. This comes as the team is eight points back of a playoff spot and is likely to miss out. The Leafs have traded centre Nic Roy to the Colorado Avalanche ...
https://www.blogto.com/sports_play/2026/03/toronto-maple-leafs-trade-deadline-nic-roy/

misryoum global news network Mar 4

Sensex falls 1,122 points as Operation Epic Fury drives crude surge and global selloff

https://misryoum.com/us/markets/sensex-falls-1122-points-as-operation-epic-fury/

Fears of rising crude oil and gas prices, particularly with Brent nearing $85 per barrel amid concerns over the Strait of Hormuz, weighed heavily on sentiment. | Photo Credit: iStockphoto Markets endured a brutal session on Wednesday as escalating...

#Sensex #falls #1122 #points #Operation #Epic #Fury #drives #crude #surge #and #global #selloff #US_News_Hub #misryoum_com