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From Momentum To Mayhem: Korean 'Plunge Protectors' Meet As Leverage Unwind Sparks Chaos
From Momentum To Mayhem: Korean 'Plunge Protectors' Meet As Leverage Unwind Sparks Chaos
'Leverage goes both ways...'
That is a lesson that many are learning in a painful manner as the army that enjoyed the momentum escalator ride up are now decrying the elevator plunge lower... and the poster-child for this pain is Korea.
Following anxiety over new Chinese competition, and disappointing earnings from SK Hynix overnight, Korea's stock market has plunged 44% from its record highs in June (but remains up 27% YTD still)...
Triggering yet another circuit-breaker...
You didn’t pray hard enough
The...
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May 28, 2026 / Tyler Durden
Oklo COO Says Nuclear Waste Could Power America For 150 Years
Oklo COO Says Nuclear Waste Could Power America For 150 Years
Earlier this week, we covered Oklo’s approval by Chris Wright’s DOE to convert plutonium previously set for disposal into new fuel. “Fuel supply constraints are a key throttle to advanced reactor development,” Oklo CEO Jacob DeWitte said following the announcement.
Jacob’s wife and Oklo’s COO Caroline DeWitte joined ZeroHedge and Radiant Energy Group’s Madison Hilly. Caroline laid out Oklo’s ambitious vision: recycle spent nuclear fuel, build fleets of reactors for AI hyperscalers like Meta, and turn what the industry currently...
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Jun 28, 2026 / Tyler Durden
The Coming Return Of Commodity-Backed Money
The Coming Return Of Commodity-Backed Money
Authored by Chris MacIntosh via InternationalMan.com,
This piece is as much a mental exploration as a fact-gathering exercise.
Let’s begin with the problem. Bank failures come together with economic failures.
So trusting banks is a problem, but furthermore, trusting fiat currency is also a problem. This is on top of the issue that moving capital from one bank to another is increasingly fraught with headaches. AML and KYC have become weaponised, and the global surveillance system is tightening its grip. So movement of capital, treasury, and of course...
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Aug 4, 2026 / Tyler Durden
Bezos To Dump $4 Billion In Amazon Stock After Surge As Cramer Calls Sale A "Buzzkill"
Bezos To Dump $4 Billion In Amazon Stock After Surge As Cramer Calls Sale A "Buzzkill"
Amazon founder Jeff Bezos plans to sell 15 million shares worth roughly $4.07 billion under a prearranged trading plan, according to a Form 144 regulatory filing. The planned sale comes after Amazon shares surged about 25% over the last several trading sessions.
The shares, which Bezos acquired as founder's stock in 1994, will be sold through Morgan Stanley Smith Barney. The filing showed no stock sales by Bezos during the previous three months, although...
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