Leverage in Korean chip stocks is getting wild right now.
SK Hynix single-stock leveraged ETFs now hold $19 billion in assets โ over 4x its daily trading volume of $4.5 billion.
Samsung's leveraged ETFs hit $12.4 billion, 176% above its daily turnover.
Hong Kong's 2x l
Kicking off a $25 to $25k degen challenge ๐ฐ
I made a private tg channel to post all my plays
Comment below to get in (+ make sure you're following)
Only open for 24 hours
Sandisk $SNDK just dropped over 14%โits worst day in 5 months. It also closed under the 20-day moving average for the first time since March. Thatโs rough ๐๐
New data just dropped: The US added only 57,000 jobs in June, way less than the expected 114,000.
Unemployment dipped to 4.2%, just under the predicted 4.3%.
Also, Mayโs job number got slashed by another 43,000 jobs.
Clearly, the job market is still pretty shaky.
$PLTR
New Karp interview dropped and one part really stood out to me:
โIโve been in business forever. Critical infrastructure canโt run these models without an app layer โ thatโs our ontology. People buy because they need safety, not because Iโm liked or hated. The
Apple's reportedly talking to Chinese companies about buying memory chips.
Earlier news: Trump gave Micron a shoutout for putting $250M into his accounts.
So who comes out on top here?
Big news ๐จ: South Korea
The Korean Won just hit its lowest point against the US Dollar since the 2008 financial crisis ๐๐ Looks like the Won didnโt come out on top this time ๐ซก
So it looks like Meta is getting into the cloud biz to sell off extra AI compute. If this is realโฆ it's exactly what the market needed.
- Makes the huge spending on AI gear worth it
- Gives them a new revenue stream beyond ads
- Could lead to selling more B2B services to t
๐จ BIG NEWS
๐ฎ๐ท Iran's lead negotiator Qalibaf just said on live TV:
"Iran won't talk to the U.S. until every part of the memorandum is done."
The peace deal is on hold now.
This is really ugly for markets...
NVIDIA $NVDA is up after SemiAnalysis says its data center revenue in the second half could be 20% higher than what analysts are expecting ๐
https://t.co/BLRMbxoApf
Just chatted with Box CEO Aaron Levie about AI agents. We covered where they're headed, how agents are changing software, why they'll need way more memory, and how token budgets for businesses are shifting.
Big thanks to @levie for the great convo!
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