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'Pray For Kospi': SK Hynix Earnings Miss, Sending Stock Reeling
'Pray For Kospi': SK Hynix Earnings Miss, Sending Stock Reeling
Things are not going to be fun in South Korea tonight...
Good news first...
SK Hynix's net income surged a bigger-than-expected 1,242% (though admittedly on one-time investment gains) with the ginat chipmaker bragging that it won multiyear contracts with around 10 customers.
Ok, now the bad news...
SK Hynix’s quarterly profit rose a smaller-than expected 557%.
The key supplier of Nvidia reported operating profit of 60.5 trillion won ($42 billion) in the June quarter, well below analysts’ average projection for 64.2 trillion won.
Revenue came...
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Aug 19, 2026 / Tyler Durden
DOE Cancels 3 National Transmission Corridors, Citing "Green New Scam"
DOE Cancels 3 National Transmission Corridors, Citing "Green New Scam"
By Diana DiGangi of UtilityDive
Summary
The U.S. Department of Energy will not move forward with the designation of three proposed National Interest Electric Transmission Corridors that the Biden administration selected for review in 2024, saying in a Wednesday release that the corridors were selected as a “means to advance” that administration’s “Green New Scam agenda.”
“Transmission policy must serve the American people,” Energy Secretary Chris Wright said in the release, “not special interests or a climate-alarmist agenda that drives up costs, worsens reliability,...
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Mar 19, 2026 / Tyler Durden
Escalate To Immolate?
Jun 10, 2026 / Larry C. Johnson
Battle of the Missiles — The Apache Scam
A truly bizarre series of events off the coast of Iran today that in my opinion were entirely provoked, if not staged, by the US. It started with multiple news reports that a US Army Apache helicopter had been shot down in the Persian Gulf but the two pilots emerged unscathed. What the hell was […]
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