00:00Here's a number before the open.
00:02Anthropic is targeting a $2 trillion valuation for its NASDAQ IPO.
00:06That's the largest ever for a listing of this kind.
00:09Three numbers before the open.
00:11KOSPI closed at 5,638, up 3.09%.
00:16Samsung Electronics gained 4.23%.
00:20SAC Hynix rose 5.18%.
00:22But the foreign selling wall is still there.
00:25Credit risk is building in two places at once.
00:27It's Wednesday, October 28th.
00:30Here's what today's story could mean for the Korean market.
00:32Anthropic filed its S-1 with the SEC on October 26th, targeting NASDAQ.
00:38The company is aiming to raise about $100 billion at up to $2 trillion in valuation.
00:44That would surpass SpaceX's listing in June.
00:46Here's what the numbers show.
00:47Anthropic's first-half revenue reached $16.28 billion, up more than 14 times year-on-year.
00:55Operating losses narrowed 68% to $693 million.
01:00Adjusted operating profit hit $1.618 billion.
01:04The first half-year profit in company history.
01:07KOSPI rose 168.87 points on Wednesday, closing at 5,638.34.
01:15Foreign investors' net bought 590.9 billion won in cash and futures, breaking a four-day
01:21selling streak.
01:22Individuals' net sold 949.2 billion won.
01:26The Bank of Korea warned on October 27th that U.S. Big Tech issued about $230 billion in corporate
01:33bonds in the first nine months, more than double last year's total.
01:37Oracle's contract value is 47% circular with AI developers.
01:41In China, the Star 50 index fell 30.74% in three months.
01:47Unitry's shares have halved since August listing.
01:49At Korea's HANA Securities, Shin Dong-kook's collateral maintenance ratio sits near 127%,
01:55well below the 200% covenant.
01:58Most of his loans mature next March.
02:00So what does this mean for stock investors watching the next few sessions?
02:03Earlier, we said foreign flows had turned for the first time in four days.
02:07The rebound depends on whether Scott Hynix's third-quarter results on October 28th and Samsung's
02:14results plus the FOMC decision on October 29th confirm AI demand.
02:18For now, the key sectors to track are semiconductors and high-beta growth names that sold off in
02:24October.
02:25Watch intraday liquidity.
02:27A single forced margin sale in Hanmi or any AI-linked name can move the tape fast.
02:32That's today's AI Prism, stock investors.
02:35This episode was produced with AI assistants based on Seoul Economic Daily Reporting.
02:41AI Prism is a Juan IFRA award-winning series.
02:44We'll be back tomorrow.
