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Chip Giants Dominate KOSPI as ETF Unwinding Boosts Concentration Risk
Samsung and SK Hynix accounted for 50.33% of KOSPI value at Monday's close, driving 48.2% of the index's 4.46% decline. ETF unwinding amplifies concentration risk.
AMC Surges 16% Premarket on Record Q2 Revenue and Operating Leverage
AMC shares surged 16% premarket after Q2 revenue hit a record $1.597B and adjusted profit beat expectations, driven by strong operating leverage.
World Cup 2026 Boosts Local Spending, Hotels Lead with Price Hikes
The 2026 FIFA World Cup drove a 17.4% surge in non-local spending across U.S. host cities, with hotels capturing most benefits through higher rates rather than occupancy gains.
Riyadh Air Expands Fleet with Airbus and Boeing Orders
Riyadh Air's 34-jet expansion lifts Airbus' near-term backlog, while Boeing's 28 orders, mostly pending, hold larger long-term revenue potential.
SpaceX in Talks with Pentagon for Multibillion-Dollar AI Data Center Deal
SpaceX (SPCX) is in talks with the Pentagon for a multibillion-dollar data center deal to support military AI, as Q1 figures show AI consumes 76.4% of capex but contributes just 17.4% of revenue.
Faraday Future Soars as Data Order Value Approaches $400K
Faraday Future shares surged 9.9% premarket after a data customer increased an order by more than tenfold, with an estimated value exceeding $400,000.
SK hynix ADR Premium Widens to 29% Amid Seoul Selloff
SK hynix shares fell 4.23% in Seoul, widening the ADR premium to 29% as U.S. demand diverges from domestic price discovery.
Intel Foundry Losses Eclipse Revenue Gains as Q2 Earnings Loom
Intel's Q2 earnings focus shifts to foundry losses, which at $2.44B are 14 times external revenue, as shares slide 13.5%.
Netflix Shares Slide as Market Questions Ad Revenue Growth
Netflix shares dropped 7.26% after earnings, with investors focused on advertising revenue to offset subscriber slowdown. Ad sales could reach $3 billion in 2026, but Q3 guidance fell short of forecasts.
Apple Narrows Nvidia's Market Cap Lead by Nearly $470 Billion in a Week
Apple has slashed Nvidia's market-cap lead by roughly $470 billion in five trading sessions, driven by Apple's 5.84% gain and Nvidia's 3.86% decline.