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Bloomberg11d agoneutral
A Quant and a Korean Dentist Push the Limits of Leveraged ETFs

(Bloomberg) -- A growing number of investors from the US to South Korea are using leveraged exchange-traded funds for long-term investing, a far cry from the day trading they were designed for. Most Read from BloombergBeer Dynasty Families Sell €731 Million Stake in AB InBevTaco Bell Met With Michigan on Parasite Weeks Before RecallChina’s AI Blitz Creates ‘Death Zone’ for Rival US Model MakersApple’s New CEO Taps Retired Hardware Executive for Management TeamMamdani Dismisses Business Leaders A

Samsung's retail investors seek extra shareholder meeting over buybacks, bonuses
Reuters11d agobullish
Samsung's retail investors seek extra shareholder meeting over buybacks, bonuses

South Korean retail shareholder platform ACT said on Tuesday it had launched a campaign to call an extraordinary ‌shareholders' meeting at Samsung Electronics, urging the chipmaker to buy back about $32 ‌billion worth of shares and set limits on performance bonuses. ACT said it would begin collecting electronic ​signatures from shareholders at 5 p.m. local time and seek support from the National Pension Service and domestic and overseas asset managers to meet the 3% ownership threshold required to call the meeting. The move comes after Samsung shares lost over ‌one third of their value ⁠since hitting record-highs in June, despite the artificial intelligence boom.

Bloomberg11d agoneutral
Asia Hedge Funds Suffer Widespread Losses in July Market Rout

(Bloomberg) -- Asia-based hedge funds logged extensive losses in July, as the tech selloff led to what Goldman Sachs Group Inc. prime brokers said was the worst month for regional stockpickers on record.Most Read from BloombergBeer Dynasty Families Sell €731 Million Stake in AB InBevApple’s New CEO Taps Retired Hardware Executive for Management TeamTaco Bell Met With Michigan on Parasite Weeks Before RecallMamdani Dismisses Business Leaders Advising NYC’s Mayor’s FundS&P 500 Closes Near Record H

Is Micron Technology (MU) A Bargain Following New Memory Capacity Risks?
Simply Wall St.11d agoneutral
Is Micron Technology (MU) A Bargain Following New Memory Capacity Risks?

Micron Technology (MU) is back in focus after investors reassessed the stock in light of aggressive capacity expansion plans from CXMT, Samsung and SK Hynix. These plans could pressure future memory pricing. See our latest analysis for Micron Technology. Micron Technology’s share price has been volatile, with a 1-day share price return of 0.79% and a 7-day return of 1.09%, following a July decline of about 15% and concerns over capacity expansion from CXMT, Samsung and SK Hynix. Even with...

Stocks mixed as Seoul stabilises, oil prices rise with eyes on Mideast
AFP11d agobearish
Stocks mixed as Seoul stabilises, oil prices rise with eyes on Mideast

Stocks stabilised in Asia on Tuesday after last week's tech-led rollercoaster ride as investors tracked a record day on Wall Street, while oil prices edged up after their recent plunge with Donald Trump and Iran giving conflicting views on peace talks.Oil prices rose around one percent, having plunged five percent Monday, on hopes for a US-Iran deal to reopen the Strait of Hormuz.

Bloomberg11d agoneutral
South Korea’s Leveraged ETF Trading Plummets Under New Curbs

(Bloomberg) -- Trading in leveraged exchange-traded funds tied to South Korea’s two chip giants has shrunk sharply, after authorities took steps to slow demand for the products that fueled recent market volatility.Most Read from BloombergBeer Dynasty Families Sell €731 Million Stake in AB InBevS&P 500 Closes Near Record High on US-Iran Hopes: Markets WrapAlibaba Adds to China AI Breakthroughs With New Qwen Model Iran Says Hormuz Talks Ongoing After Trump Calls Off StrikesTrump Says US to Hold Of

Micron Stock Falls as Chinese Memory Threat Intensifies
Barrons.com12d agoneutral
Micron Stock Falls as Chinese Memory Threat Intensifies

Micron Technology was falling early Monday. Micron shares were down 3% at $798.66 in premarket trading. The moves comes as China’s ChangXin Memory Technologies ( CXMT ) mulls whether to build a second memory-chip plant in Beijing, following its recent initial public offering which led to the company surging to a market valuation of close to $500 billion, according to a Reuters report.

🎢The One Constant in Korean Stocks? Volatility
The Wall Street Journal12d agoneutral
🎢The One Constant in Korean Stocks? Volatility

A crisis of confidence in the AI trade has dogged the index of late, putting it in bear market. Big swings, driven by SK Hynix and Samsung, which make chips crucial to the AI buildout and which together make up most of the Kospi, have become practically routine.

Oil prices sink on Iran hopes, yen gains after joint intervention
AFP12d agobearish
Oil prices sink on Iran hopes, yen gains after joint intervention

Oil prices tumbled on Monday as Donald Trump said fresh talks with Iran will begin later in the day, while the yen extended gains after US and Japanese officials confirmed a rare joint intervention to prop up the currency.Investors were also keeping a close eye on currency markets after Trump confirmed that the United States had intervened jointly with Japan to support the yen, calling it a "signal of friendship", while officials said they were ready to act again.

Bloomberg13d agobearish
Korean Stocks Drop as Chipmakers Reverse Friday’s Record Gains

(Bloomberg) -- South Korean stocks slipped, as heavyweight chipmakers faced selloffs after Friday’s record gains while investors cut back leverage-backed trades. Most Read from BloombergTrump Says US to Hold Off Iran Attack If Deal AgreedSaudi Prince Concerned Over Trump’s Iran Strike Plan: AxiosSingapore's Gated Island for the Rich Is Marred by Decayed HomesIndia’s Family Offices Embrace Profit-Sharing to Attract Top TalentCrushed by Kospi Rout, Angry Koreans Rip Lee and Vow Not to BuyThe Kospi

Samsung (KOSE:A005930) Launches Galaxy Watch Ultra2 And Watch9 With AI Health Tools
Simply Wall St.13d agoneutral
Samsung (KOSE:A005930) Launches Galaxy Watch Ultra2 And Watch9 With AI Health Tools

Samsung Electronics introduced the Galaxy Watch Ultra2 and Galaxy Watch9, featuring new AI-driven health and sports tracking tools. The wearables include advanced biometric tracking, extended battery life, and support for demanding activities such as professional diving. The launch reflects a shift in Samsung Electronics' wearable strategy toward more health focused and performance oriented devices. For investors following Samsung Electronics, ticker KOSE:A005930, the new wearables arrive...

Bloomberg13d agobearish
Banks Offload Risk from Leveraged ETFs With Exotic ‘Crash Puts’

(Bloomberg) -- Leveraged ETFs that offer the tantalizing prospect of doubling or tripling the daily returns of an individual stock are famously risky for investors who buy them. Most Read from BloombergTrump Says US to Hold Off Iran Attack If Deal AgreedSingapore's Gated Island for the Rich Is Marred by Decayed HomesIndia’s Family Offices Embrace Profit-Sharing to Attract Top TalentBessent Joins Japan to Help Reverse Months of Yen LossesSaudi Prince Concerned Over Trump’s Iran Strike Plan: Axios