Tech Stocks Rebound; US, Iran Halt Attacks; South Korea's Big AI Push | Bloomberg Brief 6/29/2026

Tech stocks are making a comeback after a week of significant selloffs, indicating a potential market rebound. In a positive diplomatic development, the US and Iran have agreed to halt their attacks, offering a brief respite in their ongoing tensions. Meanwhile, South Korea is aggressively pushing forward its AI and tech sector with a mammoth $880 billion investment into chip and data center infrastructure, involving industry giants like Samsung and SK Hynix. This move could reshape global tech dynamics, showcasing South Korea's commitment to leading in the next-generation technology race.