Valued

• The European Central Bank (ECB) reported in its May 2026 Financial Stability Review that asset price valuations have reached particularly high levels in the technology and AI sectors. • Euro area investors hold significant exposures to these sectors, with price/earnings ratios remaining historically elevated across multiple equity markets. • Data indicates that US equity indices are currently trading at notably higher valuation levels compared to European markets.

• On May 7, 2026, South Korea’s Ministry of Science and ICT announced the formation of a national AI supercomputing grid, integrating 16 existing data centers into a unified platform with total processing capacity of more than 40 exaFLOPS. • The grid, funded with ₩12 trillion (about $9 billion), will provide subsidized compute access to domestic startups, universities, and automakers, with particular emphasis on training Korean‑language LLMs and autonomous‑driving models. • Seoul positions the grid as a counterweight to China’s state‑backed AI clusters and U.S. hyperscalers, while also tightening export controls on high‑end GPUs integrated into the network.

• China's AI startup DeepSeek is closing in on a massive funding round that could value the company at approximately $45 billion, more than four times its valuation from discussions just two weeks prior. • China Integrated Circuit Industry Investment Fund (Big Fund) is leading the financing round, with Tencent and Alibaba participating to provide strong domestic backing. • The funding round represents a dramatic increase in DeepSeek's valuation and underscores China's aggressive push to develop competitive AI capabilities independent of Western technology.

Move comes after mayor Zohran Mamdani spoke on return of the Koh-i-noor diamond after UK royals’ visit to New YorkHundreds of antiquities valued at $14m have been returned to India by New York authorities, including some connected to the alleged art smuggler Subhash Kapoor, in a move that is likely to raise the pressure on others to make similar gestures.The return of 657 antiquities was announced by the Manhattan district attorney, Alvin Bragg Jr, on Tuesday, and came as New York City’s mayor, Zohran Mamdani, waded into the historically contentious ownership of the 105.6 carat Koh-i-noor diamond. Continue reading...

• The US stock market has risen 16% over the past year with earnings forecasted to grow 15% annually, though the market remained flat in the past week, creating opportunities for value-focused investors. • Analysis identified 10 top undervalued stocks trading at approximately 49% discounts to their estimated fair values, including Vertex (49.8% discount), Nutanix (49.9% discount), and Roku (49.4% discount) based on cash flow assessments. • Stocks like Uranium Energy (49.2% discount), iRhythm Holdings (48.8% discount), and BillionToOne (49.5% discount) also appeared significantly undervalued, suggesting potential growth opportunities despite broader market volatility.

• Morningstar identifies three core stocks as overvalued on March 24, 2026, recommending investors scale back holdings. • Estee Lauder shares declined after reports of Japan's Sumitomo Mitsui Financial Group exploring a takeover, while Puig shares rallied in Madrid. • The analysis urges taking profits amid high valuations, with Estee Lauder in turnaround mode showing minimal reaction to news.

Oscar nominees receive a jaw-dropping $346,000 gift bag filled with luxury items including spa retreats, jewelry, and tech gadgets, as revealed in exclusive photos. Bored Panda details the controversy, with stars calling it 'ridiculous' amid economic disparity debates. The opulent swag highlights Hollywood excess just before the ceremony, fueling social media backlash. Organizers defend it as promotional, but public frustration grows.