[3-Min Brief 3-Second Summary]
① Nvidia Surpasses Alphabet to Become 3rd Largest by Market Cap
② 'Investment Genius' Buffett Sells Apple Shares
③ Prices of Leading Reconstruction Stocks Fall After 1·10 Measures
MARKET INDEX
- US New York stock market closed higher on news of retail sales decline
- January retail sales decreased by 0.8% from the previous month to $700.8 billion
- S&P 500 index, led by large-cap stocks, reached an all-time high
Top3 NEWS
■ Super-rich earned 165 trillion won from AI this year
- Nvidia CEO, Amazon founder, and others also saw AI-related assets increase
- Questions arise about the sustainability of the rally as AI stocks surge
■ 'AI King' Nvidia jumps 2.5%, surpasses Alphabet to become 3rd largest by market cap
- Stock price soared 239% last year and rose 49% this year
- Anticipation grows for Nvidia's earnings announcement on the 21st
■ "Warren Buffett sold 10 million Apple shares... Impact of Apple setbacks and overvaluation"
- Series of setbacks including patent dispute loss and weak sales in China
- Attention focused on Warren Buffett's shareholder letter to be released on the 24th
Graphic News: Latecomers making bold moves... Revival projects gaining momentum
- Japan's semiconductor investment highlighted amid international tensions
- US forms 'Chip 4 Alliance' including South Korea, Taiwan, and Japan
- "Partial cooperation between South Korea and Japan could create synergy effects"
the Chart: 'Reconstruction giant' Jamsil Jugong 5 Complex fell further after 1·10 measures
- Housing prices falling mainly in Songpa-gu, Nowon-gu, and Yangcheon-gu
- 76㎡ unit priced at 2.378 billion won... down 100 million won in one month
- Cold wave in Gyeonggi, additional charges, and high interest rates had significant impact
Term in the News: South Korea joins 'Ukraine Donor Platform' as a new member
- A core donor coordination body led by G7 countries including the US, UK, and Germany
- Aims to discuss reforms such as financial support for Ukraine
- South Korea joined as a new member last year, contributing a total of $520 million
Today's Key Schedule
○ Domestic
- 06:00 January Import Price Index
- 08:00 January Unemployment Rate
- 08:55 January Trade Balance
- 12:00 December M3 Money Supply
○ Overseas
- 00:00 US December Business Inventories
- 00:00 US December Retail Inventories excluding Autos
- 03:00 Atlanta Fed GDPNow (Q1)
- 07:30 Federal Reserve Balance Sheet
- 16:00 UK January Retail Sales
- 16:45 France January Consumer Price Index
- 22:30 US January Building Permits
- 22:30 US January Producer Price Index
◇ Lunch & Commute Weather
○ Precipitation probability 10% in the morning|0% in the afternoon
○ Fine dust Good in the morning|Moderate in the afternoon
OK in 3 minutes, essential time-efficient economic news. Published daily at 8 AM.
© The Asia Business Daily(www.asiae.co.kr). All rights reserved.
![Super Rich Who Earned 165 Trillion Won with AI [3-Minute Brief]](https://cphoto.asiae.co.kr/listimglink/1/2024021607154965367_1708035349.png)
![Super Rich Who Earned 165 Trillion Won with AI [3-Minute Brief]](https://cphoto.asiae.co.kr/listimglink/1/2024021607172265370_1708035442.png)
![Super Rich Who Earned 165 Trillion Won with AI [3-Minute Brief]](https://cphoto.asiae.co.kr/listimglink/1/2024021515181764927_1707977898.png)
![Super Rich Who Earned 165 Trillion Won with AI [3-Minute Brief]](https://cphoto.asiae.co.kr/listimglink/1/2024021516192665070_1707981565.png)
![Super Rich Who Earned 165 Trillion Won with AI [3-Minute Brief]](https://cphoto.asiae.co.kr/listimglink/1/2024021606593565354_1708034376.jpg)
![Super Rich Who Earned 165 Trillion Won with AI [3-Minute Brief]](https://cphoto.asiae.co.kr/listimglink/1/2023091807340578768_1694990044.png)

