0:00
Does that then class as a crash?
0:01
>> I think we are in that territory, yeah.
0:03
You really do not experience moves
0:05
anywhere like as big as this. This is
0:06
one of the biggest single-day moves on
0:08
record for the Kospi index. Why has this
0:11
>> I mean, we've seen the past few years AI
0:14
or AI-adjacent stocks on a sort of
0:16
never-ending rally, and without wishing
0:19
to simplify it down to what goes up must
0:21
come down, there are questions on every
0:23
investor's minds about when will the
0:25
peak of the market be. And this has
0:26
coincided with news of the massive, you
0:30
know, trillion-dollar IPOs of OpenAI
0:33
Anthropic and SpaceX uh all happening,
0:36
you know, what conceivably in the same
0:38
year, all been announced, you know,
0:39
within a few days of each other. And
0:41
maybe there's a sort of feeling in the
0:42
market that these companies would only
0:45
seek to do these floats to raise as much
0:48
money as possible, and so in effect
0:50
they've sort of called the top of the
0:51
market because why else would they
0:52
choose to float now if they didn't think
0:54
this was the absolute top? Uh go,
0:57
the next few months things will fall.
