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SK Hynix and Samsung stage storming recoveries after this week's punishing sell-off
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Nasdaq futures rise as Wall Street rebounds; South Korea's Kospi soars 15%: Live updates cnbc.comSouth Korea's Kospi index jumps nearly 18% on a surge in chipmaking stocks AP NewsKorean Stocks Jump Record 15% on Renewed AI Trade Optimism Bloomberg.comSouth Korean stock market soars 18% as investors pile back into AI Financial Times
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The stock-market selloff in July looks more like a stress test than a breaking point.
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This year provides a good illustration of how this strategy often falls flat.
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AI hedge fund Situational Awareness may have sold its public portfolio, but it still has its Anthropic shares TechCrunchAI investor Leopold Aschenbrenner forced to unwind all public stock positions after steep losses, sources say CNBCAschenbrenner Tried to Sell Private Stakes Before Citadel Deal BloombergExclusive | Citadel Buys Situational Awareness's Stock Por
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Jersey Mike's priced its initial public offering at $23 per share.
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Apple revenue, profits beat expectations on iPhone sales but services miss targets ReutersApple's stock drops 8% as supply constraints lead to weak revenue guidance: Live updates CNBCTim Cook's last earnings call: Strong iPhone sales, but memory costs loom large Ars TechnicaApple's Profit Increases 27 Percent, Topping Wall Street Expectations The New York Times
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