GRQ

[zerohedge @zerohedge]

BOOM

*OpenAI Considers Drastic Price Cuts, Anticipating Costly War For Users With Anthropic -- WSJ

[The Kobeissi Letter @KobeissiLetter]

The US leveraged ETF market trading volume is exploding:

The total notional trading volume across US-listed leveraged and inverse ETFs surged to $90 billion on Tuesday, the highest on record.

This figure has more than TRIPLED over the last 12 months.

To put this into perspective, this represented ~50% of all assets under management across the entire leveraged and inverse ETF universe.

The 3x leveraged short semiconductor ETF, $SOXS, alone traded over 1.3 billion shares, the 3rd-largest single-session volume for any US-listed ETF over the last 20 years.

This is only behind the 2x leveraged long Nasdaq 100 ETF, $QLD, and the 2x leveraged long S&P 500 ETF, $SSO, both of which set their records during the 2008 Financial Crisis.

Risk appetite has never been higher.

[zerohedge @zerohedge]

From FOMO To Oh No! Koreans Face Massive Forced Liquidations As AI Bubble Bursts https://t.co/Q2EjxajoGn

[GRQ @GRQ88]

@annmarie TACO already

[zerohedge @zerohedge]

Kospi VIX: 88

[GRQ @GRQ88]

@citrini 2nd hand $NVDA chips will then be available as cheap as 🍟

[GRQ @GRQ88]

BYD powers past Geely as oil shock charges up global EV demand
https://t.co/DDJRrGkrsG

Explore our updated app & enjoy a 7-day free trial. New users only. Download now:
https://t.co/RdsXIvG9RU

[GRQ @GRQ88]

https://t.co/buRxecLG8s

[GRQ @GRQ88]

https://t.co/JiRQhtIhzy

[Global Markets Investor @GlobalMktObserv]

‼️South Korean investors are facing massive LIQUIDATIONS:

Forced stock sales from margin loan calls surged to ~300 billion won, or ~$197 MILLION, over the last few trading sessions, the largest reading on record.

This comes as retail margin debt hovers near a record 38 trillion won, or ~$24.9 billion, leaving millions of leveraged retail investors exposed to further forced liquidations as the Kospi Index continues to swing violently.

The Kospi CRASHED -8.3% on Monday, surged +8.2% on Tuesday, then fell -4.5% on Wednesday, with the Korea Exchange temporarily halting program trading on both Monday and Wednesday to prevent automated selling from deepening the declines.

As a result, the Kospi 200 volatility index surged above 90 for the first time on record on Tuesday, underscoring the extreme stress building in one of Asia's most concentrated equity markets.

This comes as Samsung and SK Hynix account for over 50% of the Kospi's total weighting and nearly 75% of its 2026 gains, meaning the entire rally is built on just 2 stocks.

Is the Korean AI market bubble POPPING?

[Reuters Asia @ReutersAsia]

Wang Chuanfu, chairman of BYD, said he expected the Chinese firm to become the world's largest automaker within five years, as he sought to reassure investors following a steep decline in the company's share price. READ MORE: https://t.co/ZfwCnuhSJv

[GRQ @GRQ88]

@dampedspring Can this happen in the US?

[GRQ @GRQ88]

@hkuppy https://t.co/bonlScurfB

[GRQ @GRQ88]

Korean Leveraged ETF Misfires, Jumps 50% Even as SK Hynix Slumps - Bloomberg https://t.co/0VHL2Bajvh

[GRQ @GRQ88]

https://t.co/VCIVa1F2m3

[GRQ @GRQ88]

@zerohedge Does this include Russian oil imports?

[Bloomberg @business]

Ant Group’s international business is considering raising about $1 billion to accelerate growth, sources say https://t.co/q1SPSunBGK

[CN Wire @Sino_Market]

🇨🇳🇭🇰SFC: Hong Kong licensed firms may continue serving existing mainland clients but cannot provide services inside mainland China
On June 10 the SFC clarified its May 22 circular. It said Hong Kong licensed firms may open new accounts for mainland China investors (identified by PRC ID and/or passport) provided they meet all account‑opening requirements. Firms may continue servicing existing mainland clients only if the services are not provided within mainland China and the firms comply with all applicable Hong Kong and other jurisdictional laws and regulations. The SFC noted a May 22, 2026 joint notice from mainland authorities whose requirements also apply to financial institutions in jurisdictions beyond Hong Kong when serving mainland investors.

(https://t.co/n0mo07AdXD)

[Bloomberg TV @BloombergTV]

China is preparing to spend around 2 trillion yuan ($295 billion) over the next five years on building data centers across the country, fueling Beijing’s ambition to propel the domestic AI sector and surpass the US in a potentially game-changing technology https://t.co/bA9EqYKsNp

[Bloomberg @business]

Leveraged ETFs tracking Korea drew little attention until late last year, when interest started to surge https://t.co/y89BnLukcR