Day: June 8, 2026

Korea “Black Monday”: Kospi Halted For 20 Minutes After Crashing Almost 10% After the close on Friday, we said that on Monday, Korean stocks would be a “bundle of joy”… Korea on Monday will be a bundle of joy — zerohedge (@zerohedge) June 5, 2026 … and that appears to be playing out in early… Continue reading Korea “Black Monday”: Kospi Halted For 20 Minutes After Crashing Almost 10%

Sam Altman Pushes Plan For Backdoor Government Backstop By Handing Out Small Equity Stake To Americans Back in November, amid mounting speculation that OpenAI’s massive cash burn was massively unsustainable in light of the $1.4 trillion of funding commitments by the AI company, which in turn has sparked the biggest capex flood in modern history… Continue reading Sam Altman Pushes Plan For Backdoor Government Backstop By Handing Out Small Equity Stake To Americans