realclue

[realclue @realclue]

Randomly suffering website and find out an old breaking news (JUNE 26, 2020), which U.S. government and news never tell people:

"Coronavirus traces found in March 2019 sewage sample, Spanish study shows"

https://t.co/2MO6qdVSf7

How did #Covid19 appear in EUROPE in MARCH 2019?

[realclue @realclue]

Possibility: How about Covid-19 started in Europe but no one detected it, and spreaded to China?
How about Chinese doctors were the first ones discovered it?

https://t.co/LveEVRoFYA

https://t.co/A4SuYy9fhS

#COVID19 #coronavirus #Europe #China #USA #Australia #Russia

[Wall Street Apes @WallStreetApes]

We are not mad enough. This is a print out of all the fees just for a permit to build a 747 square foot 2 bed, 1 bath single family dwelling

Impact Fees:

- Sheriff Residential SMI Fee: $1,979.00
- Fire Department Impact: $1,979.00
- General Government: $2,174.00
- Library: $421.00
- Park: $1,033.00
- County Public Protection: $2,557.00
- Other Impact Fees (including Road/Country Road): $17.23 – $145.52

Building Permit and Plan Check Fees

- Base Building Permit/Plan Check: $7.60 per sq ft (living area)
- Automation/Software Fee (Automation Maintenance + Plan Check Software): $19,096.00

Supplemental / Trade Fees

- Electrical Living Area Fee: $895.50
- Mechanical: $141.00
- Plumbing: $67.00

Development Review Fees

- Environmental Health: $75.00
- Fire Safety: $52.00
- Planning: $99.00

Other Development Review (various):

- $69.00, $75.00, etc.

Total Fees: $30,803.22

This is JUST FEES, this includes no building

Government is way too big. We are being robbed blind. This is a major factor of why housing is so expensive and why so many people don’t even bother building anymore

Every state is different but this is outrageous

[The Associated Press @AP]

The Supreme Court has sided with the maker of Roundup weedkiller, blocking thousands of lawsuits alleging it failed to warn users the product could cause cancer. https://t.co/cmfg5x68jb

[HealthRanger @HealthRanger]

RED ALERT: U.S. Supreme Court blocks all the pending state-level lawsuits against Bayer over "Monsanto" Roundup / glyphosate harms.

SCOTUS ruled that since the federal government won't recognize any link between glyphosate and cancer, therefore no American has any right to sue Bayer in state court.

What a total clown show of injustice.

So as long as the federal government can be infiltrated and controlled by pesticides / herbicide corporations, the people of America have no access to functioning courts. The rule of law is dead in America.

[Beat The Insider @BeatTheInsider]

Nancy Pelosi just invested up to $6 million into 2 stocks. Here's the breakdown:

$INTC Intel: 200 call options strike price $50 exp. 3/19/2027.
Current cost: $88.10 an option = $1.76 million
Break even: $INTC at $138

$UBER Uber: 200 call options strike price $50 exp. 3/19/2027.
Current cost: $24.90 an option = $496,000
Break even: $UBER at $75

We will be tracking how she does on these!

[IRAN ARMY ☫ @IranArmySpoofX]

🚨🇮🇱 Netanyahu: "Jesus Christ has no advantage over Genghis Khan. Because if you are strong enough, ruthless enough, powerful enough, evil will overcome good."

He is actually the antichrist...

[Global Markets Investor @GlobalMktObserv]

‼️Chinese equities in Hong Kong have entered a BEAR MARKET:

The Hang Seng China Enterprises Index fell -2% on Tuesday, extending its total decline to -20% from its October 2 peak, according to Bloomberg.

Major constituents, including Tencent and Alibaba led the selloff, as data showed Chinese retail sales contracted YoY in May for the first time since the pandemic.

The index's weakness also reflects a structural disadvantage compared to Asian peers.

Unlike South Korea and Taiwan, the HSCEI has minimal exposure to AI infrastructure stocks such as semiconductors and networking equipment, which have driven the strongest performances globally this year.

Meanwhile, the CSI 300 is on track to outperform the HSCEI by the largest margin since 2020, as onshore Chinese markets benefit from domestic policy support while Hong Kong-listed internet and e-commerce stocks continue to lag.

China's consumer-driven tech giants are being left behind,

[Ian Carroll @IanCarrollShow]

Israel is now openly threatening to use nukes against the world.

Ironically, this is exactly why they should be disarmed and their future statehood called into serious question. Why the Zionist project should have never begun.

Violent tribalism + and existential victim narrative is the most dangerous combination possible. And it’s fundamental to Israeli identity.

There are only two possible outcomes- either they rule the world and all bow to their chosenness or they keep picking fights until the whole world turns on them and they are destroyed.

The slippery part is that it’s not just Israel, they have dragged the entire global Jewish population into this adversarial and unconscionable position. And the real power structure of Israel is dispersed across the global network of Jewish billionaires and bankers that support it and represent the true power of the project.

[FXHedge @Fxhedgers]

Did you know? Sudan is the third-largest gold producer in Africa. Egypt's Central Bank has been accumulating gold reserves throughout Sudan's war since April 2023.

On June 16, Egyptian aircraft bombed artisanal gold miners in Sudan's River Nile State. 35+ killed.

Egyptian companies hold licensed gold concessions in the same area. Egyptian forces had been raiding equipment and seizing gold for months before the bombing.

This is resource extraction disguised as a border dispute. Burhan enabled it. Sisi executed it.

https://t.co/99qjFYWTjV

[Arnaud Bertrand @RnaudBertrand]

It's over, Europe has officially given up on its digital sovereignty: they just signed up to Pax Silica, the US initiative to lock other countries in its AI stack.

In case you think I'm exaggerating, Jacob Helberg, the US Under-Secretary of State who architected Pax Silica, LITERALLY says so in the article (see screenshot 👇): he himself explicitly positions Pax Silica as designed to counter "digital sovereignty" - a concept he opposes because it would mean countries building their own tech stacks.

I wrote a long article 2 weeks ago titled "The Pax Silica Con," warning Europe that it was a "cage" to keep them "dependent on American tech and unable to build their own": https://t.co/yqq6uzhKnz

The cage door was wide open and clearly labeled. They walked in anyway.

[Wall St Engine @wallstengine]

South Korean media reports SK Hynix is moderating its HBM4 ramp, delaying some HBM3E-to-HBM4 line conversions and shifting more capacity toward commodity DRAM.

The report says commodity DRAM margins now exceed HBM by 15+ points, with Daishin seeing DRAM margins potentially reaching 90% this year.

SK Hynix’s HBM4 is still undergoing Nvidia qualification, while Rubin production forecasts have reportedly moved lower.

[Bernie Sanders @BernieSanders]

This is not a normal statement from a normal cabinet member of a major nation. 

This statement from Israeli National Security Minister Ben-Gvir is the statement of a war criminal. 

The racist, extremist Israeli government does not deserve one nickel of U.S. support.

[Global Markets Investor @GlobalMktObserv]

🔴Hyperscaler stocks are now directly tracking AI token prices:

The UBS Hyperscaler Basket, including Amazon, Microsoft, Meta, and Alphabet, is down -13% since the early June peak.

This is closely mirroring the decline in the Silicon Data LLM Token Expenditure Index, which has dropped -18% over the same time.

In other words, As AI usage costs decline, hyperscaler revenue expectations are coming under pressure, and stock prices are reflecting that concern in real time.

This comes as investors are increasingly worried that AI companies are hitting a ceiling on what they can charge for their most advanced models, which directly threatens profit margins.

Meanwhile, firms including Amazon, Walmart, Uber, and Cisco have introduced caps on AI token usage after costs spiraled beyond budgets, raising concerns that the AI spending cycle may be approaching its limits.

At the same time, Chinese AI models are already undercutting US peers on price by more than 80%, with training costs at less than 10% of US equivalents and API prices below 20% of comparable US models, according to UBS.

The key question is whether lower AI prices generate enough new demand to offset falling profit margins.

If not, AI-linked equities could face further downside pressure.

[Jukan @ICML @jukan05]

Why did the KOSPI fall today?

1. Korean leverage trading has climbed to excessively high levels.
2. Ahead of Micron's earnings, profit taking is underway, with talk that buyside expectations have become too elevated.
3. Korean lawmakers are discussing imposing taxes on unrealized gains from stocks.
4. SK Hynix overtaking Samsung Electronics in market capitalization is being read as a market top signal.
Commentary: With Samsung Electronics' earnings scale still exceeding that of SK Hynix, a reversal in market cap can be interpreted as a sign of market overheating.
5. A delay in SK Hynix's ADR listing.
6. The failure of the Korean market to gain inclusion in the MSCI developed markets index, and so on.

[Teo @Teo_Sinamin]

Seismic shift in the WF6 (六氟化钨) supply chain.

Quick summary:
>China chokes Japan's Tungsten powder
>No raw materials to make WF6
>Sources W powder from South Korea to delay the inevitable
>Finds out not all scraps can be refined to high purity for WF6
>Scramble to find alternate W supply
>Can't find and force to shut plants

South Korea is barely keeping their head above water, and see issues in procuring WF6 from Japan.

Only option now - source WF6 from China.

China: Checkmate!

China can repeat the whole process in minerals where they dominate in.

[Reese Politics @ReesePolitics]

BREAKING: Ryan Cohen drops performance award, will focus solely on eBay acquisition in bombshell update 🚨🚨🚨 $GME

[Bull Theory @BullTheoryio]

🚨 SOUTH KOREA JUST PROPOSED TAXING UNREALIZED GAINS.

And this is one of the major reasons behind today's massive selloff in the Korean market, now being called BLACK TUESDAY in Korea.

At a forum hosted by South Korea's ruling Democratic Party, lawmakers called for comprehensive taxation that would treat unrealized gains on stocks and real estate as taxable income, even before the asset is ever sold.

The ruling party has pushed escalating wealth tax measures throughout 2026, including a February forum proposing to lower the real estate capital gains exemption threshold from 1.2 billion won to 800 million won, and an April push to abolish the long term holding tax deduction entirely.

Today is the first time this campaign has explicitly extended to taxing unrealized stock gains.

Under current law, investors are taxed only when they sell a stock and realize a profit.

Under this proposal, investors could owe tax on paper gains they have not sold or collected, simply for holding a stock that went up in value.

The Netherlands tried almost this exact policy four months ago.

On February 12, 2026, Dutch lawmakers passed a law taxing unrealized gains on stocks, bonds, and crypto at a flat 36% every year, whether or not anything was sold.

The backlash was immediate. A petition against it gathered more than 61,000 signatures, and Shopify CEO Tobi Lutke called it "the dumbest thing any government on planet earth is pursuing right now."

Just 13 days after the bill passed, the Dutch finance minister announced the government would scrap the unrealized gains portion entirely, admitting the law "cannot pass as is."

This lands directly on a South Korean market that just ran up nearly 95% over the past year, built largely on heavy retail buying with borrowed money.

A tax on gains that exist only on paper is a direct threat to the exact rally that created that exposure in the first place.

[Global Markets Investor @GlobalMktObserv]

🚨BLACK TUESDAY in the South Korean stock market:

The Kospi index CRASHED -10% on Tuesday, its 3rd-largest single-day decline in history, also triggering a 20-minute trading halt after falling more than -8% intraday.

The Kosdaq index also plunged -8%, falling below the 900 mark for the first time this year.

Samsung and SK Hynix both dropped -12%, while Hanmi Semiconductor fell -14.4%, with every major sector closing in the red.

Meanwhile, foreign investors and institutions sold a combined ~8.6 trillion won ($5.6 billion) of Kospi shares during the session.

Sentiment turned negative after SK Hynix was reported to be slowing its HBM4 mass production expansion, while broader tech weakness in US markets overnight added to selling pressure.

Massive forced liquidations added to the pressure, with retail margin debt at a record 38.5 trillion won ($25 billion).

The world's best-performing market is turning into the worst-performing.

Is the South Korean BUBBLE BURSTING?

[The Kobeissi Letter @KobeissiLetter]

AI demand is fueling China’s economy:

Chinese semiconductor exports surged +111% YoY in May, to a record $36 billion.

This marks the largest annual increase in 13 years.

Outbound shipments of computers and parts jumped +66% YoY, to ~$27 billion, the 2nd-largest on record.

This surge was largely price-driven, with Chinese chip export volumes rising +2% over the same period, as global shortages caused by the AI data center buildout pushed semiconductor prices sharply higher.

Together, chips and computers accounted for roughly half of China's total export and import growth in May.

As a result, overall exports rose +19% YoY, while imports soared +27% YoY, leaving a trade surplus of $105.4 billion, the largest since January.

AI infrastructure spending is reshaping the Chinese economy.

[Teo @Teo_Sinamin]

China wants the world to trade lithium in RMB.

China opens lithium futures to global capital for the first time- July 3, 2026.

The Guangzhou Futures Exchange just announced that foreign institutions and traders will be able to participate in lithium carbonate futures and options starting July 3. LC2607 and all subsequent contracts, plus the options tied to them are open to the world.

Trading opens 9am Beijing time. Foreign traders can use foreign exchange funds as margin. If foreign exchange funds are used as margin, the central parity rate of the RMB exchange rate published by the China Foreign Exchange Trading Center on the previous trading day serves as the benchmark price for market value. Currently, the GFEX stipulates that USD is the accepted foreign currency for margin, at a 5% penalty against RMB.

Before market close, the market value of FX funds is calculated at the previous trading day's RMB central parity rate. At daily settlement, the base price and adjusted amount are recalculated under the same methodology.

[上头资本 @sixpanny159920]

台积电 CoPoS 技术迎来里程碑！首波设备 Demo 机台已进驻台积电，全球设备供应链竞逐战正式打响。

核心重点：

技术突破：CoPoS（Chip-on-Panel-on-Substrate）作为台积电的新封装方案，通过大尺寸载板封装，解决 AI 高性能计算（HPC）晶片的高密度互连需求。

供应链卡位：多家国际设备大厂已进入台积电验证名单，涵盖曝光、涂布、显影、贴片、检测等关键环节。

设备商机：随着台积电预计 2028 年小量产、2030 年全面放量，设备商不仅要通过验证，更需通过长达 3 个月的厂内试产，才能最终获取正式订单。

行业意义：台积电已在 CoPoS 领域确立关键地位，随着封装技术的演进，设备商若能成功导入台积电生态圈，将抢占先机。

以下是相关领域及重点关注的上市企业（主要以台湾上市公司为主）：

1. 核心设备供应商

这些厂商在曝光、涂布、清洗、研磨及自动化检测等关键环节直接进入了台积电的验证名单： 
弘塑 (3131)：专注于湿制程设备，是台积电先进封装的长期合作伙伴。 
辛耘 (3583)：在湿制程设备及暂时键合/解键合（Temporary Bonding/Debonding）领域有深度布局，是 CoPoS 加工平台的关键技术支撑。 
均华 (6640)：先进封装精密挑拣与黏晶设备大厂，在 AI 高阶封装需求下持续受益。 
志聖 (2467)：针对玻璃基板等新材料开发专用载板设备，在制程中负责控制翘曲变型。 
万润 (6187)：先进封装自动化设备大厂，在散热模组压合及自动化处理方面有相关布局。 
家登 (3680)：主要参与相关载具与自动化设备供应。 
晶彩科 (3535)、大量 (3167)、致茂 (2360)、印能科技 (7734)：均被列入首波设备供应链评估名单。 

2. 基板与材料厂商

CoPoS 涉及大尺寸面板级加工，对基板技术要求严苛，利好高精度封装基板厂商： 
采钰 (6789)：台积电子公司，CoPoS 的首条实验产线即设在其厂区，参与技术开发与整合。 
欣兴 (3037)、南电 (8046)、臻鼎-KY (4958)：提供高精度先进封装基板，支援 CoPoS 对基板的严苛要求。 

3. 国际设备巨头

除了台湾本土厂商，全球半导体设备龙头也在 CoPoS 供应链中扮演重要角色： 
泛林集团 (Lam Research)：提供镀铜及 UBM 蚀刻设备。 
佳能 (Canon)、日本 TEL、SCREEN：在曝光与涂布设备方面完成导入。 
日本 DISCO：几乎拿下基板研磨与激光加工环节的相关设备订单。 
日本 TOWA、YAMADA：进入塑封设备供应名单。 

#台积电 #CoPoS #半导体 #AI #先进封装 #科技新闻