Global TradFi & Macroeconomics

AAOI options show a typical earnings-trade pattern today, with bidirectional positioning ahead of the earnings report. Large volumes of short-term Call speculation, Call rolling, upside demand, and extreme downside protection coexist. This stems from earnings uncertainty driving volatility positioni

Sandisk delivered strong Q4 results with revenue, earnings per share, and gross margin all exceeding expectations, driven by continued high growth in its data center business. The company reported Q4 revenue of $8.97 billion versus market expectations of $8.64 billion, representing 372%

Duksan Neolux and Hecto Financial announced Q2 2026 earnings on the morning of August 6, 2026. Duksan Neolux reported revenue of 94.59 billion won, up 16.8% year-over-year, operating profit of 18.5 billion won, up 79.9%, and net profit of 19.47 billion won, up 110.4%; its operating margin rose from approximately 12.7% in Q2 2025 to 19.6% in Q2 2026. Hecto Financial reported revenue of 50.14 billion won, up 12.6% year-over-year, operating profit of 4.61 billion won, up 20.1%, and net profit of 4.

Korean stock markets experienced sharp divergence at 13:00 local time, with the KOSPI plunging 4.39% to 6,308.30 while the KOSDAQ held near flat at 799. Foreign investors drove the KOSPI selloff by net selling approximately 2.25 trillion won, concentrated in semiconductor large-caps including

According to the Morning Briefing, on August 6, U.S. stocks delivered mixed results, with the Dow rising 0.49%, Nasdaq falling 0.83%, and semiconductor index SOX declining 1.40%. The 10-year Treasury yield held at 4.6150%, the dollar traded at 99.72, VIX stood at 15.48, and high-yield spreads

According to earnings data shared on Twitter, with 305 companies now having reported their Q2 results, the year-over-year earnings growth rate has reached 29%, up from 24% at the start of the quarter. This growth rate matches Q1's performance and the 2018 earnings growth

According to reports on August 6, InBody announced second-quarter results that exceeded market expectations. Q2 revenue reached 73.3 billion Korean won, up 30.4% year-over-year and surpassing consensus estimates by 7.3%. Operating profit jumped to 17.7 billion won, up 70.2% and beating expectations

Eleven shares of SK Hynix traded in pre-market at 1,168,000 won triggered a circuit breaker halt on the Korean stock market. The price, 29.98% below the previous close, became the reference for overseas perpetual futures, causing $57.4 million in automated liquidations. The KOSPI fell to 6,249.5

According to Bloomberg, on August 5, emerging market carry trade exposure fell only 1% following US-Japan intervention to support the yen, compared to a 4% decline during the August 2024 crisis. Investors are mitigating risk by diversifying funding sources, borrowing euros and Swiss francs instead o

The US Federal Communications Commission is preparing restrictions on imports and approvals of new optical transceivers manufactured in China, Reuters reported on August 4. Optical transceivers are critical components that transmit data between GPU and CPU servers and network switches in AI

According to He Jun, vice president of TSMC's advanced packaging division, on August 11, the company's System-on-Integrated-Chip (SoIC) technology has entered a high-speed growth phase. The 6-micrometer Hybrid Bonding Pitch is already in volume production, marking the transition from research and de

Intel announced Monday evening that it has expanded its stock offering from $15 billion to $20 billion, pricing shares at $95 per share, a 6.5% discount to the prior Friday closing price. The offering is expected to raise approximately $19.7 billion, to be used for general corporate purposes

According to Viavi's CEO, the company is generating test revenue from Co-Packaged Optics (CPO) activity in the current quarter, with momentum expected to accelerate by December. The company's 1.6T product line is ramping very quickly and should reach performance parity with existing 800G products ne

Aeva Technologies signed a joint development agreement with an optical engine player for deployment at a major hyperscaler in H2 2027, with production ramping in 2028. The company's stock rose 18.26% in after-hours trading following the announcement. The partnership marks Aeva's entry into the optic

Wells Fargo maintained an Overweight rating on SpaceX while cutting its price target to $215 from $230 as of August 11.

IonQ raised its standalone 2026 revenue outlook to $280 million to $290 million, excluding contributions from its recently closed SkyWater acquisition. The quantum computing company disclosed that SkyWater had previously outlined a baseline of at least $600 million in revenue, though

According to Smart Finance app, CLP Holdings (02638) reported H1 2026 results showing revenue of HK$5.939 billion, up 6.68% year-over-year, with unitholders' profit of HK$1.003 billion, up 0.2% YoY. Earnings per unit reached 11.35 Hong Kong cents. As of June 30, 2026, the company's average net

According to a regulatory filing, Hang Fai Optics (01134) announced on August 11 that it expects a net loss of approximately HKD 121 million for the six months ended June 30, 2026, compared to a net loss of HKD 47 million for the same period in 2025. The company attributed the widened loss

China CGN New Energy (01811) reported a profit warning for the first half of 2026, expecting equity attributable to shareholders to decline approximately 49.8% year-over-year. The board attributed the decline primarily to lower on-grid tariffs and reduced power generation from Chinese wind

According to its announcement, Smart Connect Group (02621) posted a profit alert for the six months ended June 30, 2026, with net profit expected between CNY 64 million and CNY 84 million, down CNY 582-602 million year-over-year. Revenue is projected at CNY 617-637 million, up CNY 62-82 million