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SK Hynix Joins Trillion Dollar Club As Korean Stocks Echo Nasdaq's 1999 Meltup

SK Hynix Joins Trillion Dollar Club As Korean Stocks Echo Nasdaq's 1999 Meltup The breathtaking rally in South Korean stocks hit a couple of key milestones overnight. The benchmark Kospi index at one point in the session was up 100% for 2026, rivaling the Nasdaq 100 Index’s 102% surge in 1999 - right before the bubble burst... Samsung (005930) was up 2.7% and SK Hynix (000660) soared 9.3% rallying to new record highs mainly on three things: 1) overnight backdrop of SOX +5.5% driven by MU +19% strength, 2) launch of leveraged ETF...
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Jun 12, 2026 / Tyler Durden
DOJ Probes Big Banks For Alleged "Debanking" Of Clients
DOJ Probes Big Banks For Alleged "Debanking" Of Clients The US Dept of Justice is intensifying scrutiny of some of the country’s largest financial institutions over allegations that customers were denied banking services, or "debanked" for political or ideological reasons, according to the Wall Street Journal. The US Attorney’s Office for the District of Columbia, led by Jeanine Pirro, has reportedly issued subpoenas to several major banks, including JPMorgan Chase, Bank of America, and Wells Fargo. Investigators are seeking information on account closures, customer offboarding decisions, and internal records explaining why...
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May 12, 2026 /
Rep. Salazar: Cubans Are Waiting for Trump to Give the Order to Rise Up
Republican Representative María Elvira Salazar said that the Cuban people are waiting for the order from President Donald Trump to overthrow the government in Havana.  “Republicans know you are the only person who will be able to free Cuba after 67 years of oppression, and we Republicans in South Florida are supporting you and waiting […]
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Apr 28, 2026 / Tyler Durden
Trump Belatedly Blasts Merz Over Pointed Iran War 'Humiliation' Remarks 
Trump Belatedly Blasts Merz Over Pointed Iran War 'Humiliation' Remarks  President Trump on Tuesday belatedly hit back at Chancellor Friedrich Merz after on Monday the German leader told students in a talk that the United States is being “humiliated” by Iranian leaders, amid struggling on-and-off negotiations, and as a crisis in the Strait of Hormuz shows no signs of de-escalating. Merz had said he didn’t see "what strategic exit the Americans are now choosing" while simultaneously describing that Tehran’s negotiators are proceeding "very skillfully - or indeed very skillfully not negotiating." The result,...
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