{
  "id": 3622608,
  "title": "Seoul stocks open sharply higher on robust earnings from Nvidia",
  "url": "https://urgent.news/2026/08/27/seoul-stocks-open-sharply-higher-on-robust-earnings-from-nvidia",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-08-27T00:27:02.000Z",
  "source": {
    "name": "The Korea Times",
    "slug": "the-korea-times-koreatimes",
    "url": "https://www.koreatimes.co.kr/economy/20260827/seoul-stocks-open-sharply-higher-on-robust-earnings-from-nvidia"
  },
  "original_language": "en",
  "account": null,
  "summary": "Seoul stocks opened sharply higher on Thursday. The benchmark Korea Composite Stock Price Index (KOSPI) opened up 187.91 points, or 2.76 percent, to 6,996.12. This increase was driven by Nvidia's strong earnings report, which eased fears of an artificial intelligence (AI) bubble. Nvidia's sales more than doubled from a year earlier, topping Wall Street expectations.\n\nOvernight, major stock indexes on Wall Street closed slightly lower. According to Straits Times Business and The Business Times - Companies & Markets, a Commerce Department report showed annual US inflation increased 3.7 percent in the 12 months through July, above expectations. The economy grew 1.5 percent in the second quarter. These figures added uncertainty to the Federal Reserve's policy outlook, with investors awaiting Fed Chair Kevin Warsh's Jackson Hole speech on August 28.\n\nThe S&P 500 and the tech-heavy Nasdaq closed down 0.02 percent and 0.08 percent, respectively, according to The Korea Times. The central bank's next scheduled meeting is in September, with odds of an interest rate hike at 38.1 percent, according to the CME FedWatch tool.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 11,
    "also_reported_by": [
      {
        "outlet": "CoinDesk",
        "title": "Nvidia tops earnings estimates, guides to $108 billion in revenue next quarter",
        "url": "https://urgent.news/2026/08/26/nvidia-tops-earnings-estimates-guides-to-108-billion-in-revenue-next",
        "published": "2026-08-26T20:24:31.000Z"
      },
      {
        "outlet": "Fortune",
        "title": "Nvidia doubled its quarterly revenue to $96 billion and crushes estimates—CEO Jensen Huang says demand is accelerating",
        "url": "https://urgent.news/2026/08/26/nvidia-doubled-its-quarterly-revenue-to-96-billion-and-crushes",
        "published": "2026-08-26T20:27:39.000Z"
      },
      {
        "outlet": "Techmeme",
        "title": "Nvidia reports Q2 revenue up 106% YoY to $96.2B, Data Center revenue up 117% to $89B, Edge Computing revenue up 27% to $7.2B, and net income up 126% to $59.7B (Nvidia Newsroom)",
        "url": "https://urgent.news/2026/08/26/nvidia-reports-q2-revenue-up-106-yoy-to-96-2b-data-center-revenue-up",
        "published": "2026-08-26T20:32:07.000Z"
      },
      {
        "outlet": "Quartz",
        "title": "Nvidia more than doubled its revenue. Another record quarter didn't impress Wall Street",
        "url": "https://urgent.news/2026/08/26/nvidia-more-than-doubled-its-revenue-another-record-quarter-didnt",
        "published": "2026-08-26T21:20:37.000Z"
      },
      {
        "outlet": "Investing.com",
        "title": "Nvidia forecasts quarterly revenue above estimates, shares rise",
        "url": "https://urgent.news/2026/08/26/nvidia-forecasts-quarterly-revenue-above-estimates-shares-rise",
        "published": "2026-08-26T21:42:28.000Z"
      },
      {
        "outlet": "Straits Times Business",
        "title": "Wall Street stocks end tad lower after hot inflation data ahead of Nvidia earnings",
        "url": "https://urgent.news/2026/08/26/wall-street-stocks-end-tad-lower-after-hot-inflation-data-ahead-of",
        "published": "2026-08-26T22:11:10.000Z"
      },
      {
        "outlet": "The Business Times - Companies & Markets",
        "title": "Nvidia forecasts quarterly revenue above estimates, shares rise",
        "url": "https://urgent.news/2026/08/26/nvidia-forecasts-quarterly-revenue-above-estimates-shares-rise-3609755",
        "published": "2026-08-26T22:36:35.000Z"
      },
      {
        "outlet": "Yonhap News",
        "title": "(URGENT) Seoul stocks open sharply higher on robust Nvidia earnings",
        "url": "https://urgent.news/2026/08/27/urgent-seoul-stocks-open-sharply-higher-on-robust-nvidia-earnings",
        "published": "2026-08-27T00:01:40.000Z"
      },
      {
        "outlet": "CBS News",
        "title": "Nvidia's revenue and profits more than double in latest earnings report",
        "url": "https://urgent.news/2026/08/27/nvidias-revenue-and-profits-more-than-double-in-latest-earnings-report",
        "published": "2026-08-27T00:29:56.000Z"
      },
      {
        "outlet": "The Korea Times",
        "title": "Seoul stocks open sharply higher on robust earnings from Nvidia",
        "url": "https://urgent.news/2026/08/27/seoul-stocks-open-sharply-higher-on-robust-earnings-from-nvidia-3628306",
        "published": "2026-08-27T01:02:03.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}