Ng Chien Wei Trevor

[The Kobeissi Letter @KobeissiLetter]

The AI Revolution is transforming South Korea's economy:

South Korea's exports surged +52.6% YoY in the first 20 days of May, the strongest reading on record.

This marks an acceleration from the already massive +49.4% gain seen in the first 20 days of April.

This is also the 4th consecutive month with growth of at least +40.0%.

The surge was driven by semiconductor exports that soared +202.1% YoY, fueled by AI and data center investment demand.

Furthermore, shipments of computer-related products surged +305.5%, underpinned by continued investment in AI infrastructure.

On an unadjusted basis, exports rose +64.8% YoY, with imports up +29.3%, leaving a trade surplus of $11 billion.

South Korea's economy has never been hotter.

[Miles Deutscher @milesdeutscher]

It's insane to think that a memecoin launch could have ripple effects that can shake up an entire country...

Yet here we are.

[DEGEN NEWS @DegenerateNews]

BREAKING: $TRUMP, $BONK, $DOGE ETFS FILED WITH THE SEC