The 4 Major Big Tech Companies Continue the 'Money War'... 288 Trillion Won Invested in AI This Year [3-Minute Brief]

[At a Glance]
① Samsung Electronics Caught in '50,000 Electronics'
② Big Tech Big 4 Increase AI Capital Investment
③ Gold Funds and ETFs Show Rising Returns

MARKET INDEX : Year to date

○ This week's KOSPI expected range: 2490~2610 points
○ Market volatility inevitable due to US presidential election and FOMC results
○ "Market sentiment likely to remain cautious until election results are announced"

Top3 NEWS

■ "AI is a once-in-a-lifetime opportunity"... Big Tech Big 4's 'War of Money (쩐)'

○ Four major US Big Tech companies to invest 288 trillion KRW in AI facilities this year
○ Amazon's facility investment expected to exceed 10 trillion KRW this year
○ Mark Zuckerberg, Meta CEO, also states “We will continue investing in AI”

■ 'Worst investor sentiment' Samsung Electronics, securities firms say "Further decline is difficult"

○ Samsung Electronics dropped below 50,000 KRW... stock price continues to underperform
○ "Further decline is limited... foreign selling expected to decrease"
○ Some analyses advise "Still need to be cautious for mid- to long-term investment"

■ Nationwide apartment purchase share: 40s surpass 30s... "Impact of loan regulations"

○ In 6 months, apartment transaction share of 40s again surpassed that of 30s
○ Effects of Stage 2 Stress DSR implementation and loan restrictions for homeowners
○ 30s, who are relatively more dependent on loans, seem to be significantly affected

Graphic News : Gold funds and ETFs shine amid soaring gold prices

○ Gold funds' recent 3-month return: 15.06%
○ Highest return among all theme funds
○ Uncertainties such as the US presidential election are factors driving the rise

the Chart : 13 consecutive months of positive exports... $117.4 billion away from breaking 'all-time high'

○ October exports $57.52 billion... up 4.6% year-on-year
○ Three consecutive months of monthly record highs since August
○ Andukgeun: "We will make every effort to achieve the highest-ever performance this year"

Term in the News : "Jodusun moved in next door"... Korean-style 'Jessica Law' revisited

○ Legislation restricting residence of high-risk sex offenders
○ Proposed by then Minister of Justice Han Dong-hoon
○ Discarded with the end of the 21st National Assembly term in May

Today's Key Schedule

○Domestic

4th: KOSDAQ Nomus subscription, expected offering price 27,200~30,200 KRW

4th: KOSDAQ Dotmill subscription, expected offering price 11,000~13,000 KRW

○Overseas

17:00 Brazil October IPC-Fipe inflation index

17:50 France October manufacturing PMI

17:55 Germany October manufacturing PMI

18:00 Eurozone October manufacturing PMI

19:00 Eurozone finance ministers meeting

21:30 Brazil September total debt-to-GDP ratio

◇ Lunch & Commute Weather

○ Lowest temperature 15℃(▲2℃) ｜ Highest temperature: 24℃(▼7℃)
○ Precipitation probability: morning 30%｜afternoon 0%
○ Fine dust: morning moderate｜afternoon moderate

OK in 3 minutes, essential time-efficient economic news. Published daily at 8 AM.