The essence of the crisis in Korea

Concerns spread over U.S. private equity loan market insolvency 1️⃣ Recent bankruptcy cases Auto lender Tricolor bankruptcy → JPMorgan loses $170 million. CEO Dimon: “If you see one cockroach, there’s more” warning. Primalend → filed for bankruptcy in Texas court (asset and liabilities <$500 million). First Brands → $6 billion in debt failure, filing for…

Tesla and other earnings results after U.S. stock markets close on Oct. 23 Tesla, Lam Research, IBM, QuantumScape, Alcoa, Molina Health And More After The Stock Exchange Closing Tesla (TSLA): Down 3% After-hoursTesla Q3 earnings hit all-time highs in terms of scale expansion, with revenue of $28.1 billion (YoY +11.6%) and vehicle deliveries of 497,099.…

🚨 Why global credit rating agency Fitch warned of “shadow finance” in the U.S. yesterday 💰 U.S. banks’ “invisible detonator,” non-bank loans worth $1.2 trillionThe proportion of non-banking financial institutions (NBFI) loans has now jumped to 10% from 3% a decade ago. Smaller regional banks, in particular, are aggressively expanding, growing at an annual rate…

Did you all see the news that Nvidia started producing Blackwell at TSMC Fab in Arizona, USA? The media wrote loudly, saying, “The AI semiconductor initiative is moving to the United States.” So, can AI companies in the U.S. now truck in front of the Arizona fab and pick up Blackwell from there? It’s not…