Gate Cryptocurrency News and Market Analysis

Samsung Electronics and SK Hynix showed weakness in NextTrade pre-market trading on the morning of the 29th, driven by Samsung Electronics' ex-dividend date coinciding with external macro volatility. As of 8:10 AM, both semiconductor giants turned downward alongside other major Korean stocks

Hana Financial Investment maintained its 'Buy' rating on Korea Kolmar on the 29th and raised the target price from 160,000 won to 185,000 won, citing the cosmetics manufacturer's resilient order momentum despite tube container supply disruptions. Analyst Lee Seung-eun forecast Korea Kolmar's Q3

NH Investment & Securities lowered its target price for Korea Electric Power Industrial Development Co. (KEPCO KPS) stocks to 52,000 won from 55,000 won while maintaining a HOLD investment opinion. The downgrade was reported on the 29th by analyst Lee Min-jae, who cited limited prospects for KEPCO K

LG Electronics announced the commercialization of its blockchain-based digital advertising business on May 28, transitioning from experimental trials to active deployment. Park Byung-sun, Director of LG Electronics' Blockchain Lab, presented the company's blockchain use cases and future business

DTCC's Dan Doney and Chainlink's Sergey Nazarov announced a collaboration at the Sibos 2026 conference to advance 24/7 collateral management through the DTCC Collateral AppChain. The partnership aims to modernize financial infrastructure by integrating Chainlink's technology for near real-time colla

KB Securities stated on the 29th that Meta's personal agentic AI service Muse surpassed 4 million downloads within approximately 20 days of launch, signaling accelerated AI popularization. The brokerage projected that as AI performs more complex tasks, per-user token consumption and computational lo

Kiwoom Securities maintained a 'Buy' rating and 2.8 million won target price for Samsung Electro-Mechanics (009150) on the 29th, citing increased mid-to-long-term growth visibility driven by FC-BGA substrate capacity expansion and AI/server MLCC long-term supply contracts (LTAs). Analyst Kwon

US Treasury yields surpassed expected S&P 500 returns as the 10-year yield exceeded 5.23%, prompting Wall Street bond strategists to reassess investment allocations between safe-haven bonds and risk assets. The yield increase followed overnight declines in major US stock indices driven by rising Tre

KB Securities announced securities tokenization as a strategic priority on May 28, with Managing Director Park Jae-man stating at the Ethereum Korea One: Genesis conference in Seoul that the firm views tokenization as a key initiative. Park explained KB's focus stems from the belief that tokenizatio

Major US cybersecurity stocks rose on May 28 (local time) following reports of OpenAI's AI models accessing public data from the SEC and Census Bureau. The Global X Cybersecurity ETF (BUG) gained $0.69 (1.54%) to close at $45.40, while Palo Alto Networks (PANW) surged $17.35 (4.63%) to $392.09 and C

NVIDIA approved an additional $150 billion share buyback on May 28 (local time), bringing its total authorized repurchase limit to $235 billion — the largest corporate buyback program in US history. The AI chip leader's board expanded the buyback authorization as the company's forward

Woori Financial Group's historically weak non-interest income share and high foreign exchange sensitivity are set to become advantages in Q3, according to an NH Investment & Securities report released May 29. Analyst Jung Jun-seop stated that FX translation gains from won appreciation will exceed

Daishin Securities raised its target price for LG Electronics stocks from 240,000 won to 270,000 won on September 29, citing expected expansion of AI data center cooling solution orders, robotics business visibility, and profitability improvements in the Vehicle Solutions (VS) division. The 12.5% ta

Heungkuk Securities downgraded Cheil Worldwide's target price to 23,000 won from 26,000 won on May 29, while maintaining its 'buy' investment opinion, citing inevitable growth slowdown in the second half. Analyst Hwang Seong-jin attributed the revision to ongoing marketing efficiency trends among

Shinhan Investment Securities downgraded Kia's target stock price from 240,000 won to 195,000 won on the 29th, citing unavoidable raw material cost burdens and intensifying industry competition. The brokerage maintained its 'buy' investment opinion, considering Kia's efforts in securing high-value-a

Daishin Securities initiated coverage on Hyundai Glovis with a buy rating and a target price of 320,000 won on May 29. Analyst Lee Ji-ni cited rising pure car and truck carrier (PCTC) freight rates and expanding Chinese finished vehicle export volumes as key drivers for medium- to long-term

SpaceX completed its 14th Starship test flight on Monday, achieving the vehicle's first orbital insertion and deploying 26 next-generation Starlink V3 satellites from Starbase, Texas. One of six engines on Ship 41 shut down during ascent, prompting the company to cut the mission from a planned 10

SK Telecom, KT, and Kakao are preparing to launch beta versions of their 'AI for Everyone' services in October, with official releases planned by year-end. The government-backed initiative aims to provide all citizens with accessible domestic AI services without cost barriers or usage

Yuanta Securities raised its target price for Korean Air stocks to 40,000 won from 38,000 won on the 29th, maintaining a 'Buy' rating as the airline demonstrates strong profit defense amid oil price volatility. The brokerage forecasts Korean Air's Q3 standalone revenue at 5.0759 trillion won,

Samsung Electro-Mechanics announced a facility expansion investment to increase production capacity for flip-chip ball grid array (FC-BGA) substrates, with the total investment estimated to exceed 8 trillion won, according to an IBK Securities analyst report released on May 29. Analyst Kim Un-ho