Naver ($035420.KS) is drawing renewed attention from investors after DS Investment Securities on Tuesday ET raised its target price on the South Korean internet giant to 450,000 won from 300,000 won, arguing that the market may begin to re-rate the company not just as a search-and-platform operator but as an emerging ‘AI infrastructure’ player.
The brokerage reiterated its buy rating. Naver’s shares closed at 279,000 won in the prior session in Seoul trading.
The upgrade centers on what Naver and Nvidia ($NVDA) are positioning as a global ‘AI factory’ initiative—large-scale data center… Read more
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Arca is blaming Strategy’s sale of 32 BTC for last week’s BTC crash, not AI capital rotation, as Strategy’s Saylor claimed.
Key takeaways Ethereum continues its downtrend after breaking key support levels and testing a low of $1,505 last week. The broader crypto market remains under
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