Seoul shares open sharply higher ahead of Meta earnings amid AI woes

What happened: Seoul shares opened sharply higher Wednesday ahead of Meta Platforms' earnings results, as investors weighed concerns over profitability from AI infrastructure. The KOSPI rebounded from a nearly 4 percent dip the previous session. Key numbers: KOSPI up 158.88 points, or 2.86 percent, to 5,711.62 as of 9:15 a.m. Why it matters: Tech stocks led the Seoul gains, and strong earnings from some technology companies helped revive investor interest in tech shares. Investors are now turning to earnings reports from Meta Platforms and other technology companies due this week. Coverage: 4 outlets in 24h

Seoul shares rose ahead of Meta earnings amid AI concerns.

Seoul shares rose ahead of Meta earnings amid AI concerns. — impact context not separately stored; see What changed.