✉news TechnologyAI first seen 2 d ago, last 2 d ago, peak #21
Goldman Sachs Cuts Kospi 12-Month Target by 25%
Original: Goldman Cuts Kospi 12-Month Target by 25% as AI Trade Unravels
Goldman Sachs has reduced its 12-month target for South Korea's Kospi index by 25%, according to a Bloomberg report. The move comes as the global AI-driven stock rally shows signs of unwinding, with investors reassessing technology valuations. Korean markets, heavily weighted toward chipmakers and tech firms, are seen as particularly exposed to any cooling of the artificial intelligence trade.
Why now: Investors are reacting to a major bank sharply lowering its outlook on Korea's benchmark index amid worries the AI rally is reversing.
Rank over time, top of the chart is #1. 2 snapshots from 2 d ago to 2 d ago.
Evidence
- Goldman Cuts Kospi 12-Month Target by 25% as AI Trade Unravels · Bloomberg.com
API: https://socialmediatrends-api.osmike.com/v1/trends/3598116