ISM services PMI, jobless claims, and services PMI due Thursday

South Korea’s Kospi index dropped significantly, led by chip stocks. Investors questioned the sustainability of record earnings driven by artificial intelligence demand. Samsung Electronics and SK Hynix, major index components, saw substantial declines. Other sectors like battery and shipbuilding also faced considerable losses. Foreign investors continued to be net sellers of South Korean equities.

AI models are typically run in isolated “sandboxes” during ​cybersecurity tests to block access to external information and ​assess their ability to solve problems independently. Kimi K3 bypassed one such sandbox, allowing it to ​access information beyond the test ⁠environment, U.S.-based ‌cybersecurity research firm Frontier Security ​said.

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