Global TradFi & Macroeconomics

According to an analysis by Mirae Asset Securities, South Korea's Finance Ministry introduced a stock price stabilization measure on August 3 as part of its 2026 tax reform package. The law aims to close inheritance tax gaps between listed and unlisted companies by preventing shareholders from

SanDisk (SNDK) issued quarterly margin guidance showing a slight decrease from the previous quarter while maintaining an absolute level near 84 percent. The market interpreted the guidance as a constructive signal rather than a warning, noting that revenue acceleration continues alongside

LIG Defense & Aerospace's stock declined following its Q2 earnings announcement, which missed analyst consensus by approximately 5%. The decline was attributed to reduced overseas order backlog disclosed in the earnings materials, despite the consensus miss falling within a range typically

According to the U.S. Commerce Department, the agency announced on August 3 that it would raise tariffs on 14 derived copper, steel, and aluminum products—including electrical conductor cables—to 25%, removing temporary 15% exemptions that previously supported AI infrastructure development. South

SanDisk reported Q4 results that beat expectations across the board, with revenue of $89.7 billion (vs. consensus $86.4B), adjusted EPS of $39.25 (vs. $34.37), and gross margin of 84.6% (vs. 81.5%). However, shares fell 5% in after-hours trading after the company issued Q1 guidance of $103–108 billi

According to Zhitong Finance, Morningside Telecom (02000) issued a profit warning on August 11, projecting a loss attributable to shareholders of approximately HKD 5 million to HKD 20 million for the first half of 2026, compared to a profit of HKD 8.8 million in the same period of 2025. The board at

InBody announced Q2 2026 preliminary consolidated results on August 6, 2026 at 11:14 AM, with a market capitalization of approximately 784.6 billion won at disclosure time. Q2 revenue reached 73.3 billion won, up 30.4% year-over-year, while operating profit surged 70.2% to 17.7 billion won and net p

According to the company's official announcement, Iwen Group (00772) released its mid-year results for the six months ended June 30, 2026, posting revenue of RMB 35.31 billion, up 10.68% year-over-year, with gross profit of RMB 17.92 billion, up 11.15%. The company recorded net profit attributable t

According to the company, CMTX shareholders approved amendments to the articles of association, including adoption of an independent director system and expanded issuance limits for convertible bonds and warrants, on July 22. The semiconductor materials and components manufacturer also launched a sh

According to its regulatory filing, Lian Da Technology Holdings (00889) reported on August 11 that the company expects a loss attributable to shareholders exceeding HK$1 million for the six months ending June 30, 2026, compared to a net loss of HK$6 million in the same period of 2025. The improved l

According to its announcement, Morning Telecom (02000) reported revenue of approximately HK$208 million in the first seven months of 2026, down 9.3% year-over-year. July revenue declined to HK$17.6 million, down 58.5% from the previous month. The company attributed the overall decline primarily to t

Carry trade investors absorbed recent coordinated yen intervention by Japan and the United States without triggering the emerging market disruptions seen in August 2024. The Bloomberg Emerging Market FX Carry Risk Premia Index fell approximately 1% following Japan's direct market intervention,

Dash shares declined 2% in post-market trading on August 11 after the company reported second-quarter earnings and issued stronger-than-expected third-quarter guidance. Marketplace GOV reached $33.1 billion, up 36% year-over-year, and revenue of $4.45 billion beat consensus estimates of $4.34 billio

AppLovin reported Q2 revenue of $1.92 billion, slightly below analyst expectations of $1.94 billion, prompting a 28% after-hours decline. The company's adjusted earnings per share came in at $3.76, marginally beating the $3.72 forecast, while adjusted EBITDA reached $1.61 billion with an 84%

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