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Banks Curb FOMO-Chasing Levered Bets On Korean Tech Firms
Banks Curb FOMO-Chasing Levered Bets On Korean Tech Firms
SK Hynix has been THE poster-child for 'Vol Up, Spot Up' FOMO-chasing over the past few months of exuberant semi-shortage panic-buying...
And volumes in levered Semi trades has been astronomical...
With SK Hynix standing out among the most-levered bets...
Driven by massive speculative momentum (margin loans at record highs)...
...which faced huge forced liquidations amid the recent volatility...
So it really should not be a surprise that Bloomberg reports that global banks are curbing hedge funds’ leveraged bets on Asia’s top chipmakers including SK Hynix and Samsung.
According...
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Jun 29, 2026 / Tyler Durden
Mega Heat Dome Inbound For Washington, DC
Mega Heat Dome Inbound For Washington, DC
A massive heat dome is set to descend on the eastern half of the U.S., stretching from the Midwest to the East Coast and putting more than 230 million people in the crosshairs of temperatures above 90F, while millions will experience triple-digit temperatures during the Fourth of July holiday week and into weekend festivities.
The Midwest will be the epicenter of the heat dome early in the week, with metro areas such as St. Louis and Detroit climbing into the mid- to upper...
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Jun 26, 2026 / Tyler Durden
Small Plane Hits Beijing's Tallest Tower; Was Someone Sending China A Message?
Small Plane Hits Beijing's Tallest Tower; Was Someone Sending China A Message?
A serious airspace breach occurred in Beijing's Central Business District earlier Friday, when a Sunward SA60L Aurora light aircraft crashed into the 1,700-foot-tall CITIC Tower.
The incident is a major wake-up call for Beijing's airspace defenses, not only in the financial district but also around CITIC Group, one of China's major state-owned financial and investment conglomerates.
The crash has already sparked speculation among some observers that there may be a lot more to the story.
A single-engine Sunward SA-60L Aurora...
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Apr 14, 2026 / Tyler Durden
Swalwell Resigns From Congress - Effective TODAY, After Fresh Rape Allegation And Corroborating Campaign Records
Swalwell Resigns From Congress - Effective TODAY, After Fresh Rape Allegation And Corroborating Campaign Records
Rep. Eric Swalwell (D-CA) resigned from Congress on Tuesday, effective today, capping a stunning collapse of his political career just one day after he suspended his bid for California governor. The move came hours after a new accuser, Lonna Drewes, held a press conference in Beverly Hills alleging that Swalwell drugged, raped, and choked her unconscious in a West Hollywood hotel room in July 2018.
Drewes, a former model and fashion technology entrepreneur, told reporters she...
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