Chip giant SK Hynix Inc. suffered its second short-lived share plunge in about a week, raising fresh questions about trading volatility on South Korea’s alternative stock exchange.
Jack of All Trades
Eli Lilly reported $23 billion in revenue with Mounjaro at $9.9 billion, up 91%. Disney beat estimates as Toy Story 5 crossed $1 billion. After the bell, Sandisk and Western Digital each beat earnings and fell anyway. AppLovin dropped 21% on a genuine miss as its e-commerce ad ramp slowed.
What Comes after the neoliberal order.
How to avoid an AI catastrophe.
The Iranian-led network Is more dangerous than ever.
America’s artificial intelligence titans recently banded together to urge the government not to restrict so-called open-weight AI models, or those that are publicly available for users to freely download and run on their own platforms, so that they can better compete with the ones coming out of Chin
Emerging-market carry trades, some of this year’s most popular foreign-exchange bets, are showing resilience even after joint US-Japan currency intervention dented the appeal of this yen-funded strategy.
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AMD and SpaceX are pulling back after earnings. But Eli Lilly is jumping after crushing estimates.
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World faces fresh food price surge, FAO warns Reuters
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Even though the fundamentals look more promising, we want to be disciplined about rallies in the stocks and take profits along the way.