Germany Harmonized Index of Consumer Prices (YoY) meets expectations (2.3%) in October

The KOSPI plunged 8%, triggering circuit breakers, while SK Hynix plummeted 13%, sparking a stampede in tech stocks.

SK Hynix shares plummeted more than 10% today, falling below the 2 million won mark and hitting a one-month low.

NVDA jumped 4% on Thursday after the Trump administration eased export controls for the UAE. At $210 the forward P/E has dropped to pre-AI boom levels. But the 4H chart shows a double top at $212. Here’s the week-ahead setup.

Japanese and South Korean stock markets recovered from an early-session dip to trade higher, with the KOSPI Index and Nikkei 225 edging up slightly. Samsung Electronics and SoftBank continued to gain momentum, while SK Hynix and Kioxia trended lower.

TradingKey - Melius Research targets $1,050 for Western Digital. Goldman raised to $650. Q4 earnings are July 29 with consensus EPS of $3.27, up 100%. At $569 in a descending channel, here’s what the bull and bear cases say.