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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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Jul 23, 2026 / Tyler Durden
China Plans Planetary Defense Test By Slamming Mach 26 Spacecraft Into Asteroid
China Plans Planetary Defense Test By Slamming Mach 26 Spacecraft Into Asteroid
A new paper under peer review by the Chinese-language Journal of Deep Space Exploration lays out an ambitious plan to crash a spacecraft at Mach 26, or 20,000 mph, into a near-Earth asteroid to test new planetary defenses.
The South China Morning Post reports that a team led by Li Mingtao, chief scientist for planetary defense at the China National Space Administration, is planning a mission even more ambitious than NASA’s Double Asteroid Redirection Test (DART).
That mission would...
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Jun 26, 2026 / Tyler Durden
The Average Asian American Household Makes More Than Double That Of Blacks
The Average Asian American Household Makes More Than Double That Of Blacks
Median household income differs significantly across racial and ethnic groups in the United States, with one group sitting well above the rest.
In 2024, Asian households reported a median income of $121,700, nearly $30,000 higher than White alone, non-Hispanic households and more than double the median income of Black households.
These differences reflect a mix of factors, including education, geography, occupation, household composition, immigration patterns, and historical inequalities.
This graphic, via Visual Capitalist's Bruno Venditti, ranks median household income by race...
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Apr 24, 2026 / Tyler Durden
House GOP Unveils Bill To Extend Key Surveillance Power Until 2029
House GOP Unveils Bill To Extend Key Surveillance Power Until 2029
Authored by Jackson Richman via The Epoch Times (emphasis ours),
House Republicans on Thursday unveiled legislation to extend for three years a surveillance authority that permits the collection of communications from non-U.S. persons located abroad without a warrant.
The U.S. Capitol building on April 22, 2026. Madalina Kilroy/The Epoch Times
The House Rules Committee released the nine-page bill, which would renew Section 702 of the Foreign Intelligence Surveillance Act (FISA) through April 30, 2029. Section 702 authorizes warrantless surveillance targeting foreign individuals...
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