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
Tools for Humanity, the iris-scanning startup co-founded by Sam Altman, is reportedly laying off workers, according to an internal email sent to staff on Monday.
The unusual vote proposes capping legal immigration to put a population limit of 10 million in Switzerland before the year 2050. If approved, the right-wing-supported
A rate hike risks eurozone recession, echoing past policy errors, and could destabilize markets amid existing economic vulnerabilities. The post European Central Bank risks repeating
The attack heightens geopolitical tensions, risking global oil market instability and potential supply chain disruptions in specialty chemicals. The post Karun petrochemical plant in Mahshahr
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