WS #13059
Nasdaq-100 surges 3% as Microsoft earnings drive tech rally; Meta retreats to $540 with Wells Fargo lowering PT to $640, highlighting AI spending divide. KOSPI crashes 44% from highs, down 22% in past two days, signaling severe stress in Korean markets and memory stocks. Leopold Aschenbrenner's $24B hedge fund unwinds all public stock holdings after steep AI losses, seeking fresh capital.
Tech Rally Divergence: MSFT vs META
Nasdaq-100 surges 3% as Microsoft earnings drive tech rally; Meta retreats to $540 with Wells Fargo lowering PT to $640, highlighting AI spending divide.
KOSPI crashes 44% from highs, down 22% in past two days, signaling severe stress in Korean markets and memory stocks.
Leopold Aschenbrenner's $24B hedge fund unwinds all public stock holdings after steep AI losses, seeking fresh capital.