SK Hynix's Nasdaq-listed ADR is trading up to 30% above its Seoul shares after its record $26.5 billion offering exhausted the 2.5% conversion cap, freezing arbitrage until July 29. One of the most unusual stories in global markets right now in…
Intel posted 25% revenue growth in Q2, its best growth rate in 15 years, delivering a major earnings surprise. Here's the breakdown of its AI data center and foundry results, plus Q3 guidance. On the same day Alphabet and Tesla disappointed the…
Alphabet fell 7.1% and Tesla plunged 14.5%, wiping out $797 billion in Magnificent 7 market value in a single day. Here's why AI spending fears are back on the table. Alphabet and Tesla, the first two of the "Magnificent 7" (Apple, Mi…
TSMC posted record Q2 profit, up 77% year-over-year, driven by surging AI chip demand. Here's why the earnings beat matters — and why the stock still fell. Our previous post covered how fears of slowing AI chip demand helped trigger the Kospi…