@theseouldan.bsky.social

@theseouldan.bsky.social

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Book called the monastic world
Commonwealth Bank of Australia said in a note on Friday that stronger oil flows through the Strait of Hormuz had eased market concerns after U.S.-Iran strikes earlier this week briefly pushed Brent above $93 a barrel. The bank estimates traffic through the vital waterway has recovered to roughly 30%-35% of pre-war levels, adding that a rebound to around 50%-60% of normal flows could be enough to reassert oversupply conditions in the global oil market
Bill Hwang
Kospi almost 1,000 below what it was on April 29th
No matter what technology we put into the glasses, our goal was to create a pair that my parents and daughter would want to wear immediately," Choi Jae-in, Samsung Electronics executive vice president and head of the XR development team at Mobile eXperience Business, said in a press briefing held on Thursday.
Chart for XLE
Kospi to 10,000: South Korean equities poised to rebound after brutal sell-off, says Citi
Oil prices were mixed on Monday, paring gains after Iran’s Foreign Ministry spokesman Esmail Baghaei said negotiations with the U.S. could be pursued based on national interests. Speaking to reporters at a news conference, Baghaei said intermediaries had continued to exchange messages with Iran amid the latest round of U.S. strikes and American military casualties.
Angry because the price has gone down changed the name from SK Hynix to SK Lownix
In the first pilot, Hyundai Motor America converted $20,000 into the U.S. dollar-pegged stablecoin and sent it to Hyundai Motor Mexico, where it was converted back into dollars. Among the partners in the project were stablecoin issuer Tether, blockchain platform Avalanche and blockchain payments infrastructure provider Axiym. The entire process, from payment to settlement verification, took an average of seven minutes, compared with the three to four hours typically required for conventional bank transfers, the card issuer said. The project also involved building the operational framework needed to identify and manage potential issues that could arise during live cross-border transactions.
Chokepoints by Edward Fishman
Go, a former member of the hip-hop group Roo'ra, was sentenced to two years and six months in prison in 2013 after being convicted of indecent acts and sexually assaulting three minors between 2010 and 2012. He was released in 2015. The court also ordered him to wear an electronic ankle monitor for three years, making him the first entertainer in Korea to be subjected to the measure. After his entertainment career effectively ended, Go attempted to reconnect with the public by opening accounts on social media platforms, including Instagram and YouTube. Those accounts were repeatedly shut down under platform policies restricting accounts operated by individuals with convictions for sex crimes. Go now shares updates only through X.
Meta AI labs with Alexander Wang and the serious AI researcher they made coheads
The three major credit rating agencies awarded SpaceX investment grade ratings with stable outlooks after its IPO, reflecting Starlink cash flow, commercial-launch leadership and a conservative financial policy. They differ, however, in how they assess longer-term investments like Moon and Mars programs, space data centers and AI infrastructure.
When the Kospi plunged nearly 10 percent on Tuesday, the average loss among seven Samsung Electronics leveraged ETFs reached 24.6 percent, while seven SK hynix leveraged ETFs fell an average of 25.6 percent — roughly double the declines recorded by the underlying stocks, which dropped 12.31 percent and 12.47 percent, respectively. Overseas media outlets also pointed to leveraged ETFs as a factor that amplified market volatility. “What started as a modest risk-off session […] morphed into a rout, with foreign investors offloading more than $2.5 billion of Kospi shares,” Bloomberg said Tuesday. “Market watchers cited a combination of forced liquidation hitting retail investors trading on borrowed money, compounded by a wave of selling tied to leveraged exchange-traded funds"
Korean media regurgitating Trump admin bullshit
Regarding Samsung Electronics, the bellwether of the Korean stock market, Byun said that upward revisions for its earnings estimates are ongoing and that an earnings surprise in the second quarter looks likely. He pointed to historical precedent for sustained outperformance: During the fourth industrial revolution from 2016 to 2017 and the Covid-19 pandemic period from 2019 to 2020, the company posted above-consensus results four or more consecutive times.
Mirage chairman on SpaceX " “Quarterly fluctuations in SpaceX’s share price are not a concern,” Park said. “If the stock rises on an annual basis, there is no reason to worry.” Park also highlighted investments in private companies such as SpaceX as an important part of Mirae Asset’s long-term growth strategy. “The structure that connects companies such as SpaceX with wealth management (WM) is very important to Mirae Asset’s long-term growth,” he said. "
CNN article "President Donald Trump said Monday morning that ships are beginning to move freely out of the Strait of Hormuz, after Vice President JD Vance said a digital agreement with Iran has been signed. “Ships are starting to move, many loaded up with Oil, out of the Strait of Hormuz. They are going along the Southern ‘Highway,’ which is totally safe, secure, and pristine. There are other areas of travel, also!!!” Trump posted on Truth Social. There have been several, sometimes contradictory messages around when the strait would fully reopen. Trump previously said the strait would reopen on Friday, after the agreement was signed in Switzerland. But in an interview on Good Morning America, shortly before 9 a.m., Vance said, “We already signed the deal digitally yesterday.” Vance also said Monday morning that discussions about the permanent toll-free reopening of the Strait of Hormuz will be sorted in continued “technical negotiations.” Two semi-official Iranian news agencies with links to the Revolutionary Guards reported Monday that while Tehran will allow free transit for the 60-day window in which further negotiations will take place, it plans to impose fees after that period. And the international shipping industry has warned that it “still considers it very risky for ships to commence transits” through the Strait of Hormuz."
Material world by ed conway
Bill hwang
Asia markets rise as investors weigh Iran military activity against signs of temporary U.S.-Iran deal
Girl with pearl earrings but as a cat
The war erupted after a sharp escalation between Iran ⁠and Israel earlier this year, with both sides exchanging missile and drone attacks that disrupted shipping in the ⁠Gulf and drew in U.S. military involvement, raising fears of a wider regional conflict.
Russian blue/Siamese mix waiting to demand love
"I am not really scared of AI, I know it cannot do what I can do. What I am afraid of is the people who think that AI can do my job"
Kospi mostly bought by discretionary foreign investment
Evergreen description of the markets, with equities, as always, still in Dallas
CNBC mindlessly parrotting trumps bullshit claim that he cancelled peace talks not Iran
Empire of AI by Karen Hao
Snap’s stock jumps on plans to axe 16% of its workforce citing AI efficiencies - CNBC headline
Ball gag
Examples of hangeul where the letter mimics the lips, tongue and teeth when saying that letter
Mary Chan then head of WHO says in 2010 "there are no signs of obesity" in North Korea
Mansudae massive bronze statues of Kim ilsung and Kim jeongil
Paper 앞치마 or bib
Davros from doctor who
The perks of working in Silicon Valley have long included high salaries. Now, some engineers may be offered a new incentive: artificial intelligence tokens. Nvidia CEO Jensen Huang on Monday floated a novel compensation model that would give engineers a token budget on top of their base salary, effectively paying them to deploy AI agents as productivity multipliers.
Somali pirate meme with pirate saying I am the dumb money now
Sas rescuing hostages in Iranian embassy in 1980
Also I give you the one and only man fit to be his co-head dreamer, our very own Nelson Bighetti, otherwise known around here as "Baghead". Come on up here, Baghead.
Church asks the eternal question - chatgpt or god
The secret ingredient is crime
Shittiest of shitcos up on the day
Chart showing Korean retail doing all the buying on the kospi
Retail buying Korean stocks and everyone else selling
Asian may 23
Modern Iran by Nikki Keddie
Iran between two revolutions by Ervand Abrahamian
The constitution of Iran by ashgar schirazi
The roots of the islamic revolution in Iran by Hamid Algar
Image showing how physists deal with infinities - shows a man add infinity to infinity as 16 on its side
Siamese cat very satisfied after destroying a leather chair
Koreans banks restart lending
Graph shows funding for OpenAI, xAI and Anthropic with OpenAI well ahead but xAI now ahead of Anthropic with latest 20bn of funding from Nvidia, Valor, QIA and Fido
Bullshit headline from CNBC "Congressional Republicans call on Tim Walz to testify on Minnesota fraud scandal"
Distribution of the pre-accidents Speed showing pre-accident driver assisted cars are going substantially faster than full autonomous cars
Newspaper article quoting lobbyists close to Trump that the going rate for a pardon is $1million
Terrance Tao post talking about the difference between cleverness and intelligence and the limitations of LLMs in maths