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jenny@coresixteen.com coresixteen.com
Company NameCORE16 Inc.
CEODavid Cho
Business Registration Number762-81-03235
officePhone070-4225-0201
Address5F, 6 Jong-ro, Jongno-gu, Seoul, 03187, Republic of Korea
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New York Market Recap

Morning session summary|Updated 2026-11-12 AM 7:31

Surprise earnings from AI cloud provider CoreWeave eased anxieties surrounding AI growth prospects and capital raising, significantly lifting investor sentiment across tech stocks. Despite headwinds from Fed rate hike concerns and executive risk at Nvidia, robust demand for AI infrastructure continues to drive a stock market rebound.

Events That Move Markets

1

AI cloud company CoreWeave reports strong Q3 results and raises full-year guidance, reviving sentiment in AI data center investments and triggering a rebound in tech stocks.

2

U.S. October CPI beats expectations, sustaining inflation concerns and driving up the likelihood of a December Fed rate hike alongside a strengthening U.S. dollar.

3

Nvidia CEO Jensen Huang faces warnings of a U.S. Congressional subpoena and Wall Street rating downgrades amid a personal scandal and alleged security leaks.

4

Bipartisan U.S. lawmakers advance three security bills centered on tightening oversight of AI chip exports to China and reinforcing semiconductor location tracking.

5

Global crude oil prices rebound as peace negotiations hit a snag following Iran's refusal to export enriched nuclear material and its conditions for sanctions relief.

Yeouido Market Recap

Afternoon session summary|Updated 2026-11-12 PM 12:00

Investor sentiment toward tech stocks has rapidly cooled as news of efforts to remove Nvidia's CEO heightened uncertainty across the AI semiconductor sector. In addition, massive fines imposed for Treasury bond collusion have fueled anxieties over deteriorating earnings in the securities industry, sharply elevating overall market caution.

Events That Move Markets

1

Reports that Nvidia's board is seeking to remove CEO Jensen Huang cause after-hours shares to plunge, increasing uncertainty across the global AI semiconductor value chain

2

The Fair Trade Commission's decision to levy 1.62 trillion won in fines for Treasury bond bid rigging spreads concerns over third-quarter losses and declining second-half earnings for securities firms

3

VIP Asset Management announces it will tender its entire stake in Lotte Rental's tender offer and calls for reforms to the mandatory tender offer system to ensure fair treatment of general shareholders

CPI YoY Nowcast

US CPI (YoY)

Nowcast
2026-11-12
3.69%

Previous CPI (YoY) was -% on —.

Our next CPI (YoY) nowcast is 3.69%.

Next CPI release is scheduled for Dec 10, 10:30 PM KST.

Updated: 2026-11-12

USD/KRW Forecast

Current
1,352.4
Forecast · 5D
1,344.1
2026-01-18
Forecast · 10D
1,338.8
2026-01-23
Forecast · 20D
1,329.6
2026-02-02
Actual
Predicted