The Wire
A day after the crash, Kospi moved 3% in 15 minutes and Samsung opened green (July 14, 2026)
The Kospi opened Tuesday down 2.8% within ten minutes, then bounced nearly all the way back, a move of more than 3% before 9:15am in Seoul. Samsung opened green a day after the circuit-breaker crash, and the US CPI report lands six hours after the Korean close.
Chips got smoked today. Tomorrow's CPI report at 8:30am decides what happens next.
Arm, Coherent, Micron, AMD and Nvidia fell between 3.5% and 7.5% Monday while Microsoft, Apple and Amazon finished green. The selling stayed inside crowded AI infrastructure names. Tuesday's 8:30am CPI report could send the same stocks sharply either way, and the real risk isn't even in the data yet.
Penguin Solutions (PENG) hit a 52-week high last week. Its own debt sale knocked it down 12% on July 13.
Penguin Solutions announced a $650 million convertible notes offering after Monday's close, and the stock dropped as much as 12% in after-hours trading before clawing back some of the loss. The sale comes less than a week after PENG touched a 52-week high on a blowout earnings beat.
Figma's 12% jump is a short squeeze. Astera Labs fell 13% on no news at all.
Figma led todays gainers on a short squeeze, not sector strength. Astera Labs led losers on no company news at all, dragged down by the same SK Hynix crash rattling memory chips. Here is what todays biggest movers actually tell you.
Gloo's executive chair is the former CEO of Intel and VMware. He just bought $500,000 of the stock.
Gloo Holdings priced a follow-on offering at $3.25 a share on July 8, and the stock fell about 24% the next session. Two days later, Form 4 filings showed CEO Scott Beck, board member Derek Todd Green, and executive chair Pat Gelsinger, the former Intel and VMware CEO, bought a combined $6 million of the deal themselves.
A farming stock jumped 51% overnight by rebranding into AI real estate
Braiin (BRAI), a farming tech company, jumped 51% on a single press release announcing an AI real estate product. Volume spiked 230 times normal. Here is the pop, and the risk behind it, compared with the real AI real estate trade in Equinix and Digital Realty.
Why KOSPI moves so violently: two chip stocks, half the market, and 10x leverage
Samsung and SK Hynix are now nearly half of KOSPI, single stocks can move 30% in a day, and Korean retail investors trade with leverage tools that go up to 10 times their money. Here is how those three things combine into one of the world's most violent stock markets.
The VIX is up 8% today. Gold, bonds and Bitcoin are all down anyway.
The CBOE Volatility Index jumped 7.6% today, intraday around 11:30am ET, real fear in the tape. But gold, silver, Treasury bonds and Bitcoin all fell anyway. Energy and oil were the clear winners, technology and small caps the clear laggards.
We built a stock score tool. It gave Intel a D, and I bought the stock anyway.
One pick in every layer of the AI hardware stack, each one graded by the SEC-filings scoring tool we just built. Four picks agree with the tool: NVDA, WDC, TSM, VRT. Micron is a partial. INTC and COHR do not agree with the tool at all, and I am holding both anyway.
Strive's (ASST) new SEC filing: 19,900 bitcoin held, and 480,000 new shares sold in one week to keep buying
Strive's Monday 8-K says it bought 18 bitcoin at a $64,028 average. The more telling numbers are further down the filing: 480,351 new shares issued in eight days, $44 million of Strategy's preferred stock, and coins already worth less than the company paid.
The Iran war just crashed the Kospi into its 7th circuit breaker of the year. SK Hynix fell harder than Samsung again.
South Korea's Kospi crashed 8.95% and halted trading for the seventh time this year as US strikes on Iran spread to Bahrain, Oman, Jordan and Kuwait. SK Hynix fell harder than Samsung again, and its three-day-old US ADR followed the Seoul selloff down too, though by a smaller margin.
Inside the AI hardware stack, from Nvidia's chips to the grid that powers them
An AI data center is seven layers of hardware: GPUs, memory, storage, CPUs, networking, manufacturing, and power. Here's the full map, with the public companies behind each layer and where the bottlenecks actually are.
Futures down, oil up just 3% after Iran closes the Strait of Hormuz (July 12, 2026)
Iran declared the Strait of Hormuz closed after the heaviest weekend of US strikes in months. Stock futures opened lower Sunday night and oil jumped about 3.1%. When this war started in March, the same headline took Brent to $126.
What is a 13D filing? Why investor stakes keep landing at 19.9%, not 20%
Schedule 13D and Schedule 13G both mean an investor crossed 5% of a company. The form they choose signals what they plan to do next, and it explains why big stakes keep landing at exactly 19.9%.
Intel hired away SK Hynix's memory boss, and nobody's pricing that in yet
The government owns 10% of Intel. It hired SK Hynix's former CEO to run advanced packaging, not to build DRAM. Here's why that combo, plus July 23 earnings, has me watching INTC closely.
The government is banking on drones becoming the future of warfare. The stocks got crushed anyway
Ukraine is fighting with cheap, disposable drones and the Pentagon wants nearly $75 billion for unmanned systems next year. AeroVironment, Kratos, Red Cat, Ondas, Unusual Machines, and AIRO are all down 45% to 65% anyway. Here's why.
Institutions got SK Hynix at $149. The public paid $170 the next day.
SK Hynix's $26.5 billion Nasdaq ADR priced at $149, and ten investors took half the deal. When SKHYV actually started trading, the first print came in at $171.71. Here's how the allocation worked, and why the public never had a shot at that price.
Bullish Watch, week of July 13: the market panicked over a Meta headline, and got it wrong
This week's watchlist, updated through Tuesday: Nebius gave back its early bounce on a data-center headline unrelated to its business, Kraken Robotics is holding up best of the five, Intel swung from a 6% drop to a 4.5% rally in two days, and Rocket Lab and Harmonic are still finding their footing.
I let Claude AI trade $100 on Robinhood, end of week 2: it dumped RCAT at a 13% loss and bought MSTR instead of anything I wanted
Claude, the AI running my $100 Robinhood agentic account, finally cut Red Cat at a 13% loss. Then it ignored every discounted ticker I suggested and put nearly the whole account into MicroStrategy. End of week 2 letting Claude trade my money.
Why options really do lose value fast on Fridays, and it's not a Wall Street conspiracy
It feels like your option loses value the moment Friday shows up, and a lot of traders assume institutions are rigging it against them. The real explanation, theta decay and how market makers hedge, is less sinister and more useful to actually understand.
What is a SPAC? DraftKings, Lucid and the Agility Robotics deal (CCXI), explained
A SPAC skips the normal IPO process by merging a private company into an already-public shell. Here is how that actually works, and what happened to the famous ones, from DraftKings to Lucid to the Agility Robotics deal (CCXI) moving through the pipeline right now.
SK Hynix (SKHY) passed Samsung for one day in South Korea. My theory on why it ran to the Nasdaq
On June 22 SK Hynix passed Samsung as South Korea's most valuable company for the first time in 25 years. It lasted one day, and the Kospi hit circuit breakers the next session. Here's my theory on why that's exactly why SKHYV just sprinted to the Nasdaq.
Meta (META) jumps 4.7% on Muse Spark 1.1, Zuckerberg's return to X, and the Alberta data center
Meta Platforms (META) closed up about 4.7% on July 9, with the gains accelerating hardest in the final hour of trading. A new coding AI model, Mark Zuckerberg's first X post in three years, and last week's $9 billion Canada data center all fed the same move.
TeraWulf is borrowing $3.5 billion for its Anthropic data center. Here's what that means for the stock (WULF)
TeraWulf is raising $3.5 billion in debt, its first-ever leveraged loan deal, to build the Kentucky campus behind its $19 billion Anthropic lease. The stock is up again today, but the move is more complicated than it looks.