AI Stocks Under Pressure | San Antonio News

San Antonio News Today | 2 Min News | The Daily News Now! · Jul 7, 2026 · 1m

Asian markets plunged as South Korea’s Kospi tumbled nearly 8%, despite a Wall Street AI rebound, exposing fragility in the tech boom. SK Hynix, whose Seoul shares have tripled this year, is preparing a record $28 billion Nasdaq IPO — a high-stakes move amid shifting investor sentiment. While Broadcom soars on Apple deals, others like Samsung Electronics falter, signaling an “AI stress test” where earnings alone can’t shield stocks from mood swings. Meanwhile, oil prices climb toward pre-war highs, fueled by supply fears after a tanker attack off Oman — adding volatility to a global economy…