Global TradFi & Macroeconomics

Anthropic, the developer of the Claude generative AI model, is pursuing a stock market listing as early as mid-November, with potential IPO marketing beginning the week of November 9, according to Bloomberg. Despite recent AI safety controversies and weak performance of newly listed stocks

According to South Korea's Finance Ministry on October 1, the government announced a 5 trillion won reduction in October Treasury bond issuance, down from the original plan, leveraging exceptional tax revenue from a semiconductor boom to stabilize rising bond yields. The competitive bidding issuance

Vale will release its earnings report and production data on October 29, bundling both disclosures in a single announcement.

Investor Michael Burry warned that AI infrastructure expansion mirrors the 1960s computer-leasing mania. He published the warning in his Substack newsletter Cassandra Unchained. Burry repositioned his portfolio last week, replacing short positions with put options and covering shorts in Micron,

Tesla postponed its next-generation Roadster unveiling event from the 1st to the 15th, officially citing adverse weather in Texas. Barron's reported the delay has heightened market expectations for a potential flight demonstration, noting the event requires an outdoor venue. The financial

According to Michael Burry's Substack newsletter Cassandra Unchained, the renowned investor has warned that Nvidia's claims about GPU residual values rely on discounted cash flow models rather than actual secondary market prices. Burry argues that recent rebounds in older GPU rental rates stem

The U.S. dollar surged on Thursday, October 1, with the DXY (dollar index tracking six major currencies) up 0.51%, reaching its highest level since April 2025. EUR/USD plunged 0.77% to 1.12433, breaking below 1.1215 for the first time since May 2025. A global bond sell-off drove U.S. 10-year

Shinhan Investment & Securities warned KOSPI's low price-to-earnings ratio does not signal simple undervaluation. From July 1 to September 30, KOSPI fell 19.33% while third-quarter operating profit consensus held at 270.8894 trillion won, representing a 230.97% year-over-year increase that was

According to F&Guide and Shinhan Investment, South Korea's KOSPI-listed companies' forward price-to-earnings ratio (PER) fell to 5.38x on October 2, down from 7.69x three months earlier and less than half the 10-year average of 10.25x. The decline occurred despite consensus operating profit

The Trump administration pressed Europe to release diesel from its reserves on October 1, as US diesel prices surged to $6.38 per gallon. President Donald Trump indicated he could ask European countries to release stockpiled diesel, stating "they have some diesel" in Europe. The price increase from

Korean nuclear stocks surged on the 2nd following the unveiling of a 2000억 달러 (approximately 271 trillion KRW) US investment blueprint announced by US President Donald Trump on the 30th of last month (local time). 원일티엔아이 hit the daily upper price limit at 10,850 KRW, while 위드텍, 비츠로테크, 오르비텍,

Samsung Electronics and SK Hynix face intensified scrutiny over their technological capabilities and strategic responses following Micron's surprise earnings announcement on 1일, which validated robust demand for high bandwidth memory (HBM) and server semiconductors. Expert Noh Geun-chang of

Nike warned that sales declines are expected to deepen in the current fiscal year, with Q1 revenue reaching $11.2 billion, down 4% year-over-year. The company projects high-single-digit percentage revenue declines for the full fiscal year. Nike is implementing a geographic restructuring plan

Semiconductor equipment, materials, and parts (소부장) ETFs in the Korean stock market posted gains of 20% to 30% over the past month, with SOL Semiconductor Front-End ETF leading at 32.45%, according to ETFCheck data. The rally followed fund inflows during September rebalancing, when major

According to ETF Check, South Korean semiconductor component and equipment ETFs rallied 20-30% over the past month, leading domestic exchanges. SOL Semiconductor Pre-Process ETF surged 32.45%, topping gains excluding leveraged and inverse funds, while HANARO, SOL AI Semiconductor Subcomponents, and

According to South Korea's financial investment industry, mid-sized securities firms are accelerating capital raising to achieve combined financial investment company (CFIC) status, which requires maintaining at least 3 trillion won in equity capital for two consecutive years. As of end of

According to Daishin Securities, South Korea announced $200 billion in strategic U.S. investment projects on September 30, comprising a Texas natural gas-fired power plant ($22 billion+), eight large nuclear reactors ($100 billion construction + $20 billion contingency), and the Alaska LNG project (

Communication platform company Twilio rose 2% after hours on October 1 following news that it will be included in the S&P 500 index.

Oil prices rose for a second consecutive trading session on October 1 (US Eastern time), with WTI crude climbing $2.45 to $92.87 per barrel and Brent crude surging $4.28 to $102.31. The rally was driven by China's directive to suspend petroleum product exports and reports that the US may