Semiconductors
Korea Caps Leveraged Stock Funds After the Kospi Falls 16% in Two Days
South Korea capped retail allocation in leveraged single-stock ETFs at 20% after a 16% two-day Kospi fall. SK Hynix dropped a further…
The Fed Held Rates. The Bond Market Raised Them Anyway.
The 30-year Treasury yield closed above 5.2%, its highest since 2007, and the Dow fell 1,153 points for its worst day since…
Apple Sat Out the AI Spending Race and Became the World Most Valuable Company
Apple briefly touched $5 trillion on Tuesday, a day after passing Nvidia. Its shares are up 19% in a month while Nvidia…
The Dow Hit a Record on the Day the Chip Trade Broke
The Dow closed at a record and the equal-weighted S&P 500 did too, while semiconductors fell a fourth straight day. For the…
Korea Chip Complex Broke, and the Cause Was a Machine Made in China
The Kospi fell 10.8% and circuit breakers tripped after a report that China has begun mass producing DUV lithography tools. The AI…