NVIDIA Stock Triples... Is This the Peak? [3-Minute Brief]

[At a Glance]
① Lee Jae-yong Reduces Risks, Will He Kickstart the New Samsung?
② Biden vs Trump Match, Increased Stock Volatility
③ 'Undervalued Stigma' Korean Stock Market, PBR Stands at 1.05 Times

MARKET INDEX : Year to date

- US New York Stock Exchange's three major indices all closed higher
- Nasdaq index, focused on tech stocks, also rose 0.07%
- Nationwide apartment pre-sale outlook index rises for the second consecutive month

Top3 NEWS

■ "NVIDIA at an all-time high, is this the peak?" Selling sentiment grows

- Stock price tripled last year and surged 40% this year
- Investment bank Barclays calls it an "AI bubble" and recommends selling
- Meanwhile, Goldman Sachs raises target price to $800

■ Lee Jae-yong freed from 'management shackles', will New Samsung stretch out?

- Lee Jae-yong acquitted of all charges in first trial... risk resolved
- Possibility of appeal remains, but freer management moves possible
- Expectations for 'New Samsung' with large-scale investments and mergers & acquisitions (M&A)

■ Will tantrum come... Biden and return match "volatility expansion"

- Financial markets shook during Trump's 2016 election victory
- Volatility expansion inevitable in this year's presidential election as well
- "Risk exposure should be reduced as election approaches"

Graphic News: Lee Jae-yong reducing judicial risks, will he resume M&A moves?

- Lee Jae-yong acquitted of all judicial risks ongoing for 9 years in first trial
- Expectations for large-scale investments including M&A for future new businesses
- SmartThings, Samsung Pay, Bixby?all past M&A successes

the Chart : Top 10 Domestic Listed Companies PBR

- As of the end of 2023, Korea stock market PBR stands at 1.05 times
- Many companies among the top 10 listed firms have PBR below 1
- Financial authorities' policies focused on shedding the stigma of undervaluation

Terminology in the News: Limited facial recognition, world's first regulatory law 'AI Act'

- European Union (EU) law focusing on restricting biometric data collection and strengthening transparency obligations
- Classifies technology by risk level... fines imposed on companies for non-compliance
- Facial recognition effectively banned as highest risk category... 'Social scoring' also prohibited

Today's Key Schedule

○ Domestic
- 08:00 December current account balance

- Seoul Maple Ja-i
- Gyeonggi Songnae Station Prugio Cent Bien (Complex 1)
- Gyeonggi Songnae Station Prugio Cent Bien (Complex 2)

○ Overseas
- 07:30 American Petroleum Institute weekly crude oil inventory
- 16:00 UK November Halifax House Price Index
- 16:00 Germany December industrial production
- 22:30 US December trade balance
- 22:30 Canada December trade balance

◇ Lunch & Commute Weather

○ Lowest temperature -4℃(▼2℃) ｜ Highest temperature: 4℃(▼1℃)
○ Precipitation probability 10% in the morning｜10% in the afternoon
○ Fine dust Moderate in the morning｜Moderate in the afternoon

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

This content was produced with the assistance of AI translation services.