[2026-06-24 02:06 UTC+10:00] [General] [Factuality: 100]

Source: The Manila Times

Title: Porsche CEO sticks to targets as he navigates road to recovery

Snippet: BERLIN — Porsche faces fundamental challenges in crucial markets and a long road back to recovery, but the German sports carmaker is sticking by this year’s financial targets, its CEO will tell investors on Tuesday.

Read full article: https://www.manilatimes.net/2026/06/24/business/foreign-business/porsche-ceo-sticks-to-targets-as-he-navigates-road-to-recovery/2371138

[2026-06-24 02:03 UTC+10:00] [General] [Factuality: 90]

Source: The Manila Times

Title: Learning from the mistakes of Metro Manila

Snippet: THE Philippines is on course to be a First World country, First World economy by 2050. As economic growth decentralizes and spreads beyond the capital, we will need at least 100 new cities for over a hundred million Filipinos, who will all be living in urban areas.

Read full article: https://www.manilatimes.net/2026/06/24/opinion/columns/learning-from-the-mistakes-of-metro-manila/2371176

[2026-06-24 01:55 UTC+10:00] [General] [Factuality: 100]

Source: Zero Hedge

Title: There’s A Shakespearean Tone To Current Developments

Snippet: By Michael Every of Rabobank

Read full article: https://www.zerohedge.com/markets/theres-shakespearean-tone-current-developments

[2026-06-24 00:41 UTC+10:00] [General] [Factuality: 100]

Source: The National (UAE)

Title: Dubai's greenfield FDI strength attracted $8.82bn inflows and created 39,000 jobs in 2025 | The National

Snippet: Dubai welcomed Dh32.4 billion ($8.82 billion) of greenfield foreign direct investments and created nearly 39,000 jobs in 2025, reinforcing the effectiveness of its economic diversification strategy even amid geopolitical challenges.

Read full article: https://www.thenationalnews.com/business/economy/2026/06/23/dubais-greenfield-fdi-strength-attracted-882bn-inflows-and-created-39000-jobs-in-2025/

[2026-06-24 00:41 UTC+10:00] [General] [Factuality: 100]

Source: The National (UAE)

Title: Dubai's greenfield FDI strength attracted $8.83bn inflows and created 39,000 jobs in 2025 | The National

Snippet: Dubai welcomed Dh32.43 billion ($8.83 billion) of greenfield foreign direct investments and created nearly 39,000 jobs in 2025, reinforcing the effectiveness of its economic diversification strategy even amid geopolitical challenges.

Read full article: https://www.thenationalnews.com/business/economy/2026/06/24/dubais-greenfield-fdi-strength-attracted-883bn-inflows-and-created-39000-jobs-in-2025/

[2026-06-24 00:16 UTC+10:00] [Stock markets] [Factuality: 100]

Source: Guardian Australia

Title: US AI stock sell-off shakes markets from Wall Street to Asia

Snippet: Losses spread globally as investors questioned soaring valuations and spending on AI infrastructure

Read full article: https://www.theguardian.com/business/2026/jun/23/ai-stocks-sell-off-us-markets

[2026-06-24 00:00 UTC+10:00] [World Economic Forum] [Factuality: 100]

Source: South China Morning Post

Title: What fuels global trade imbalances: China’s overcapacity or America’s failure to adapt?

Snippet: Economists highlight the potential for China’s green manufacturing capacity to support the global energy transition, despite overcapacity fears

Read full article: https://www.scmp.com/economy/global-economy/article/3358090/what-fuels-global-trade-imbalances-chinas-overcapacity-or-americas-failure-adapt

[2026-06-24 00:00 UTC+10:00] [General] [Factuality: 100]

Source: South China Morning Post

Title: What fuels global trade imbalances: China’s overcapacity or America’s failure to adapt?

Snippet: Economists highlight the potential for China’s green manufacturing capacity to support the global energy transition, despite overcapacity fears

Read full article: https://www.scmp.com/economy/global-economy/article/3358090/what-fuels-global-trade-imbalances-chinas-overcapacity-or-americas-failure-adapt?utm_source=rss_feed

[2026-06-23 23:40 UTC+10:00] [General] [Factuality: 100]

Source: Zero Hedge

Title: Here Is The Korean Article That Sent Memory Stocks Tumbling And Sparked A Global Selloff

Snippet: Early last night, just around the time Korean stocks opened at a new all time high, we highlighted an article in Korea's Chosun Biz, which eventually became the catalyst for the sharp repricing lower of memory stocks - and since memory stocks account for about 60% of the Kospi, sparked the 10% crash in the South Korean market which culminated with a mandatory halt of trading - and sparked a risk off wave around the globe.

Read full article: https://www.zerohedge.com/markets/here-korean-article-sent-memory-stocks-lower-and-sparked-global-selloff

[2026-06-23 23:30 UTC+10:00] [General] [Factuality: 92]

Source: Zero Hedge

Title: US Airlines Set To Pocket $40 Billion As Jet Fuel Prices Crash

Snippet: By Alex Kimani of OilPrice.com

Read full article: https://www.zerohedge.com/markets/us-airlines-set-pocket-40-billion-jet-fuel-prices-crash

[2026-06-23 23:10 UTC+10:00] [General] [Factuality: 100]

Source: Zero Hedge

Title: Primoris Services Crashes Again As Guidance Cut And Mgmt Missteps Spook Wall Street

Snippet: Shares of Primoris Services crashed in premarket trading after the infrastructure contractor slashed its full-year earnings outlook (again) and announced the departure of its chief operating officer.

Read full article: https://www.zerohedge.com/markets/primoris-services-crashes-again-guidance-cut-and-mgmt-missteps-spook-wall-street

[2026-06-23 23:00 UTC+10:00] [General] [Factuality: 100]

Source: South China Morning Post

Title: China’s trading crackdown seen boosting Hong Kong as official capital hub

Snippet: Analysts at ‘Summer Davos’ gathering highlight pivot towards official cross-border connect schemes to intermediate domestic wealth ‘on China’s own terms’

Read full article: https://www.scmp.com/economy/china-economy/article/3358091/chinas-trading-crackdown-seen-boosting-hong-kong-official-capital-hub?utm_source=rss_feed

[2026-06-23 23:00 UTC+10:00] [Diana Choyleva] [Factuality: 100]

Source: South China Morning Post

Title: China’s trading crackdown seen boosting Hong Kong as official capital hub

Snippet: Analysts at ‘Summer Davos’ gathering highlight pivot towards official cross-border connect schemes to intermediate domestic wealth ‘on China’s own terms’

Read full article: https://www.scmp.com/economy/china-economy/article/3358091/chinas-trading-crackdown-seen-boosting-hong-kong-official-capital-hub

[2026-06-23 22:30 UTC+10:00] [General] [Factuality: 100]

Source: Zero Hedge

Title: Oracle Cuts 21,000 Jobs As AI Adoption Deepens And Credit Risk Flashes GFC-Era Highs

Snippet: Oracle disclosed in a Form 10-K filing that it reduced its workforce by 21,000 employees over the past year as it automates white-collar jobs and frees up cash to splurge on AI infrastructure buildouts.

Read full article: https://www.zerohedge.com/markets/oracle-cuts-21000-jobs-ai-adoption-deepens-and-credit-risk-flashes-gfc-era-highs

[2026-06-23 21:59 UTC+10:00] [General] [Factuality: 100]

Source: Zero Hedge

Title: Futures Slide As Tech Tumbles, Korea Crashes

Snippet: US equity futures are sharply lower as a Semis/South Korea-induced selloff has spread globally slamming tech stocks and pushing SpaceX 3% lower and below its first day of trading price of $150. Nasdaq stocks lead sentiment and early trading lower with AI cost concerns back in focus, as Bloomberg notes that traders are pointing to a South Korean media report we first highlighted at 8pm last night, saying SK Hynix is slowing expansion of AI memory chip production and shifting

Read full article: https://www.zerohedge.com/markets/futures-slide-tech-tumbles-korea-crashes

[2026-06-23 21:55 UTC+10:00] [General] [Factuality: 100]

Source: South China Morning Post

Title: AI to help Hong Kong bookworms find a whole new world of words

Snippet: 36th Hong Kong Book Fair, themed on ‘Reading the World: Cultural Legacy | Joyful Journeys’, will run from July 15 to 21

Read full article: https://www.scmp.com/news/hong-kong/hong-kong-economy/article/3358085/ai-help-hong-kong-bookworms-find-whole-new-world-words?utm_source=rss_feed

[2026-06-23 21:55 UTC+10:00] [Hong Kong] [Factuality: 100]

Source: South China Morning Post

Title: AI to help Hong Kong bookworms find a whole new world of words

Snippet: 36th Hong Kong Book Fair, themed on ‘Reading the World: Cultural Legacy | Joyful Journeys’, will run from July 15 to 21

Read full article: https://www.scmp.com/news/hong-kong/hong-kong-economy/article/3358085/ai-help-hong-kong-bookworms-find-whole-new-world-words

[2026-06-23 21:36 UTC+10:00] [General] [Factuality: 100]

Source: South Korea

Title: PM calls for taking bilateral exchanges to next level in talks with China's premier

Snippet: DALIAN/SEOUL, June 23 (Yonhap) -- Prime Minister Kim Min-seok called Tuesday for elevating bilateral exchanges with China in areas across politics, the economy, culture and youth, as he held talks with Chinese Premier Li Qiang.

Read full article: https://en.yna.co.kr/view/AEN20260623012500315

[2026-06-23 21:30 UTC+10:00] [Jorge Alvar-Beltran] [Factuality: 100]

Source: South China Morning Post

Title: Global farming, Chinese food imports at stake as El Nino threatens drought

Snippet: Sharpest risks to occur in the Global South, with countries facing conflict and economic stress being the worst hit: United Nations’ FAO

Read full article: https://www.scmp.com/economy/global-economy/article/3358030/global-farming-chinese-food-imports-stake-el-nino-threatens-drought

[2026-06-23 21:30 UTC+10:00] [General] [Factuality: 100]

Source: South China Morning Post

Title: Global farming, Chinese food imports at stake as El Nino threatens drought

Snippet: Sharpest risks to occur in the Global South, with countries facing conflict and economic stress being the worst hit: United Nations’ FAO

Read full article: https://www.scmp.com/economy/global-economy/article/3358030/global-farming-chinese-food-imports-stake-el-nino-threatens-drought?utm_source=rss_feed

[2026-06-23 20:55 UTC+10:00] [General] [Factuality: 100]

Source: The National (UAE)

Title: Standard Chartered to sell Bahrain retail operations to focus on larger markets | The National

Snippet: Standard Chartered is exploring options to sell its retail and wealth franchise in Bahrain as the UK-headquartered lender focuses on bigger markets to scale its business.

Read full article: https://www.thenationalnews.com/business/banking/2026/06/23/standard-chartered-to-sell-bahrain-retail-operations-to-focus-on-larger-markets/

[2026-06-23 20:49 UTC+10:00] [General] [Factuality: 90]

Source: The Moscow Times

Title: Kremlin Assures Macroeconomic Stability Despite Volatility in Energy Markets

Snippet: Kremlin spokesman Dmitry Peskov said Tuesday that Russia’s macroeconomic stability remains “absolutely secured,” even as volatility shakes global energy markets and the ongoing war against Ukraine strains the domestic economy.

Read full article: https://www.themoscowtimes.com/2026/06/23/kremlin-assures-macroeconomic-stability-despite-volatility-in-energy-markets-a93076

[2026-06-23 19:55 UTC+10:00] [General] [Factuality: 100]

Source: AP News

Title: Germany's leader pledges to reform creaking pension system

Snippet: Germany’s Chancellor Friedrich Merz arrives for the EU summit in Brussels, Thursday, June 18, 2026. (AP Photo/Marius Burgelman)

Read full article: https://apnews.com/article/germany-economy-pension-reform-merz-7674ae84129de99f9112fcc158f0c8cc

[2026-06-23 18:34 UTC+10:00] [General] [Factuality: 100]

Source: Nikkei Asia

Title: BHP strike averted for now, but sides still 'some way' from deal

Snippet: BHP Limited's headquarters in Melbourne: A further bargaining meeting between the mining giant and workers unions is scheduled for July 7, and no industrial action is anticipated until that meeting has occurred, according to the Combined BHP Ports Unions. © Reuters

Read full article: https://asia.nikkei.com/business/markets/commodities/bhp-strike-averted-for-now-but-sides-still-some-way-from-deal

[2026-06-23 18:30 UTC+10:00] [General] [Factuality: 100]

Source: South China Morning Post

Title: China’s evolving political economy, as seen through gaokao scramble

Snippet: Individuals choose the university and course but the state sets the collective outcome, steering human capital towards development goals

Read full article: https://www.scmp.com/opinion/china-opinion/article/3357464/chinas-evolving-political-economy-seen-through-gaokao-scramble?utm_source=rss_feed

[2026-06-23 18:30 UTC+10:00] [Hong Kong] [Factuality: 100]

Source: South China Morning Post

Title: China’s evolving political economy, as seen through gaokao scramble

Snippet: Individuals choose the university and course but the state sets the collective outcome, steering human capital towards development goals

Read full article: https://www.scmp.com/opinion/china-opinion/article/3357464/chinas-evolving-political-economy-seen-through-gaokao-scramble

[2026-06-23 18:00 UTC+10:00] [General] [Factuality: 100]

Source: South China Morning Post

Title: Li Qiang’s tech blueprint: turn China’s old industrial hubs into high-value powerhouses

Snippet: Beijing looks to secure strategic edge across critical sectors, with premier emphasising smart upgrades for state firms ahead of his ‘Summer Davos’ speech

Read full article: https://www.scmp.com/economy/china-economy/article/3358039/li-qiangs-tech-blueprint-turn-chinas-old-industrial-hubs-high-value-powerhouses?utm_source=rss_feed

[2026-06-23 18:00 UTC+10:00] [Middle East] [Factuality: 100]

Source: South China Morning Post

Title: Li Qiang’s tech blueprint: turn China’s old industrial hubs into high-value powerhouses

Snippet: Beijing looks to secure strategic edge across critical sectors, with premier emphasising smart upgrades for state firms ahead of his ‘Summer Davos’ speech

Read full article: https://www.scmp.com/economy/china-economy/article/3358039/li-qiangs-tech-blueprint-turn-chinas-old-industrial-hubs-high-value-powerhouses

[2026-06-23 17:31 UTC+10:00] [General] [Factuality: 100]

Source: The Korea Herald

Title: Lee to unveil regional investment strategy with business leaders next week

Snippet: Since 2017, I have covered South Korea’s political and economic landscape as a reporter, with a focus on foreign affairs, inter-Korean relations and security.As a foreign affairs reporter, I closely follow developments from the Ministry of Unification, the Foreign Ministry and the Defense Ministry, tracking shifts in diplomacy, military policy and North Korea’s evolving posture.

Read full article: https://www.koreaherald.com/article/10785576

[2026-06-23 17:21 UTC+10:00] [BUSINESS] [Factuality: 95]

Source: The Japan Times

Title: Iran rushes to woo Asia’s largest oil importers after U.S. waiver

Snippet: Iran is racing to court some of Asia’s largest oil buyers as a 60-day U.S. sanctions waiver takes effect, a temporary lifeline that should allow Tehran to resume exports and begin clearing a backlog of cargoes on the water, even as peace talks continue.

Read full article: https://www.japantimes.co.jp/business/2026/06/23/markets/iran-woos-asian-oil-buyers/

[2026-06-23 16:45 UTC+10:00] [BUSINESS] [Factuality: 95]

Source: The Japan Times

Title: EU looks to digital euro to cut reliance on U.S. payment technology

Snippet: The EU believes a digital euro is the answer to cutting its reliance on U.S. payment systems like Visa and Mastercard as well as Apple Pay and Google Pay as the bloc pushes for greater digital sovereignty.

Read full article: https://www.japantimes.co.jp/business/2026/06/23/markets/digital-euro/

[2026-06-23 15:57 UTC+10:00] [General] [Factuality: 100]

Source: South China Morning Post

Title: Hong Kong urged to export food culture as Cantonese restaurants hit hardest by slump

Snippet: Chinese restaurant earnings plunged 27.9 per cent in the first quarter compared with the same period in 2018, even as non-Chinese dining receipts rose 10.9 per cent

Read full article: https://www.scmp.com/news/hong-kong/hong-kong-economy/article/3358025/hong-kong-urged-export-food-culture-cantonese-restaurants-hit-hardest-slump?utm_source=rss_feed

[2026-06-23 15:57 UTC+10:00] [Hong Kong] [Factuality: 100]

Source: South China Morning Post

Title: Hong Kong urged to export food culture as Cantonese restaurants hit hardest by slump

Snippet: Chinese restaurant earnings plunged 27.9 per cent in the first quarter compared with the same period in 2018, even as non-Chinese dining receipts rose 10.9 per cent

Read full article: https://www.scmp.com/news/hong-kong/hong-kong-economy/article/3358025/hong-kong-urged-export-food-culture-cantonese-restaurants-hit-hardest-slump

[2026-06-23 15:47 UTC+10:00] [All News] [Factuality: 100]

Source: The Korea Herald

Title: North Korea's Kim doubles down on nuclear buildup

Snippet: Since 2017, I have covered South Korea’s political and economic landscape as a reporter, with a focus on foreign affairs, inter-Korean relations and security.As a foreign affairs reporter, I closely follow developments from the Ministry of Unification, the Foreign Ministry and the Defense Ministry, tracking shifts in diplomacy, military policy and North Korea’s evolving posture.

Read full article: https://www.koreaherald.com/article/10785395

[2026-06-23 15:10 UTC+10:00] [General] [Factuality: 100]

Source: South China Morning Post

Title: EU and Hong Kong in talks on new financial services dialogue, envoy says

Snippet: Ambassador Harvey Rouse highlights scope for cooperation on green finance and innovation as European firms explore opportunities in the Northern Metropolis

Read full article: https://www.scmp.com/news/hong-kong/hong-kong-economy/article/3358017/eu-and-hong-kong-talks-new-financial-services-dialogue-envoy-says?utm_source=rss_feed

[2026-06-23 15:10 UTC+10:00] [Hong Kong] [Factuality: 100]

Source: South China Morning Post

Title: EU and Hong Kong in talks on new financial services dialogue, envoy says

Snippet: Ambassador Harvey Rouse highlights scope for cooperation on green finance and innovation as European firms explore opportunities in the Northern Metropolis

Read full article: https://www.scmp.com/news/hong-kong/hong-kong-economy/article/3358017/eu-and-hong-kong-talks-new-financial-services-dialogue-envoy-says

[2026-06-23 15:00 UTC+10:00] [General] [Factuality: 100]

Source: CNBC

Title: Brexit 10 years later: How the UK economy and politics changed, in charts

Snippet: On June 23, 2016, Britons headed to the polls to vote on whether to stay in the European Union.

Read full article: https://www.cnbc.com/2026/06/23/brexit-10-years-uk-economy-politics-charts.html

[2026-06-23 14:24 UTC+10:00] [Queensland] [Factuality: 100]

Source: Guardian Australia

Title: Queensland’s economy teeters on edge of ratings downgrade despite coal royalty windfall

Snippet: Royalties set to increase to $6.9 billion over financial year, up from $4.79bn, as budget deficit to reach $6.17bn

Read full article: https://www.theguardian.com/australia-news/2026/jun/23/queenslands-economy-teeters-on-edge-of-ratings-downgrade-despite-coal-royalty-windfall

[2026-06-23 14:18 UTC+10:00] [General] [Factuality: 100]

Source: South China Morning Post

Title: Thailand auctions US$18 million superyacht linked to supersized fraud

Snippet: Nearly US$700 million in assets have been seized in Thailand so far, an example of the amount of dirty money sloshing through the economy

Read full article: https://www.scmp.com/week-asia/economics/article/3358008/thailand-auctions-us18-million-superyacht-linked-supersized-fraud?utm_source=rss_feed

[2026-06-23 14:18 UTC+10:00] [Cambodia] [Factuality: 100]

Source: South China Morning Post

Title: Thailand auctions US$18 million superyacht linked to supersized fraud

Snippet: Nearly US$700 million in assets have been seized in Thailand so far, an example of the amount of dirty money sloshing through the economy

Read full article: https://www.scmp.com/week-asia/economics/article/3358008/thailand-auctions-us18-million-superyacht-linked-supersized-fraud

[2026-06-23 13:09 UTC+10:00] [General] [Factuality: 100]

Source: Zero Hedge

Title: Apollo Gates Private Credit Investors For 2nd Quarter As 17% Rush To The Exits

Snippet: It would appear that the private credit crisis has not, in fact, been contained.

Read full article: https://www.zerohedge.com/markets/apollo-gates-private-credit-investors-2nd-quarter-17-rush-exits

[2026-06-23 13:00 UTC+10:00] [General] [Factuality: 92]

Source: Nikkei Asia

Title: Fertilizer prices fall on slow demand, Chinese exports and Iran

Snippet: Urea being prepared for export at Yantai Port in Shandong Province, China, on March 26. The Chinese government's apparent authorization of exports has helped bring urea prices down from the recent peak they hit in late April. © Getty Images

Read full article: https://asia.nikkei.com/business/markets/commodities/fertilizer-prices-fall-on-slow-demand-chinese-exports-and-iran

[2026-06-23 13:00 UTC+10:00] [General] [Factuality: 100]

Source: South China Morning Post

Title: Hong Kong needs visionaries to run Kai Tak Cruise Terminal: Rosanna Law

Snippet: Tourism minister also says prospective bidders sought extra time to work on proposals before government extended tender deadline

Read full article: https://www.scmp.com/news/hong-kong/hong-kong-economy/article/3357967/hong-kong-needs-visionaries-run-kai-tak-cruise-terminal-rosanna-law?utm_source=rss_feed

[2026-06-23 13:00 UTC+10:00] [scmp] [Factuality: 100]

Source: South China Morning Post

Title: Hong Kong needs visionaries to run Kai Tak Cruise Terminal: Rosanna Law

Snippet: Tourism minister also says prospective bidders sought extra time to work on proposals before government extended tender deadline

Read full article: https://www.scmp.com/news/hong-kong/hong-kong-economy/article/3357967/hong-kong-needs-visionaries-run-kai-tak-cruise-terminal-rosanna-law

[2026-06-23 13:00 UTC+10:00] [General] [Factuality: 100]

Source: The National (UAE)

Title: How the UAE’s zero-bureaucracy model could help unlock jobs globally for 1.2 billion young people | The National

Snippet: There is a number that should be on the minds of every finance minister, every head of state and every development partner: 1.2 billion. That is how many young people will enter the workforce in developing countries over the next decade. It is about the combined population of the EU, the US and Brazil.

Read full article: https://www.thenationalnews.com/business/economy/2026/06/23/how-the-uaes-zero-bureaucracy-model-could-help-unlock-jobs-globally-for-12-billion-young-people/

[2026-06-23 12:46 UTC+10:00] [BUSINESS] [Factuality: 95]

Source: The Japan Times

Title: ‘FOMO really got me’: Taiwanese go deep into debt to amp 100% stock rally

Snippet: Andy Cheng is 26, unemployed and, with the help of a little borrowed money, the proud owner of $60,000 worth of Taiwanese tech stocks.

Read full article: https://www.japantimes.co.jp/business/2026/06/23/markets/taiwan-ai-stock-mania-fomo/

[2026-06-23 12:38 UTC+10:00] [General] [Factuality: 100]

Source: AP News

Title: Asian shares are trading mixed amid caution about the war in Iran

Snippet: A man walks past a monitor showing Japan’s Nikkei 225 index at a securities firm in Tokyo, Tuesday, June 23, 2026. (AP Photo/Hiro Komae)

Read full article: https://apnews.com/article/stocks-markets-us-iran-war-oil-spacex-03c6efaefd208a4b68679cdccde51cf9

[2026-06-23 12:26 UTC+10:00] [General] [Factuality: 100]

Source: South Korea

Title: Lee calls for policies supporting young people left out of tech, stock boom

Snippet: SEOUL, June 23 (Yonhap) -- President Lee Jae Myung on Tuesday called for state policies supporting young people, pointing out that recent booms in the semiconductor and stock markets have widened asset disparities, leaving many young people behind.

Read full article: https://en.yna.co.kr/view/AEN20260623005100315

[2026-06-23 12:14 UTC+10:00] [Business / The economy] [Factuality: 100]

Source: The Age

Title: ‘The public will become very rich’: Should governments take a cut of the AI boom?

Snippet: June 23, 2026 — 12:14pm

Read full article: https://www.theage.com.au/business/the-economy/the-public-will-become-very-rich-should-governments-take-a-cut-of-the-ai-boom-20260623-p6096u.html?ref=rss&utm_medium=rss&utm_source=rss_feed

[2026-06-23 12:10 UTC+10:00] [General] [Factuality: 100]

Source: Zero Hedge

Title: "But A Whimper": Retail Euphoria In SpaceX Fizzles After Stock Loses $600 Billion In One Day

Snippet: It started off with a bang: SpaceX IPOed on June 12 with an opening price of $150 on their first day of trade, well above the offering price of $135, and within two days, enterprising traders were ravenously bidding up 380 calls (expiring in just days) in hopes of sending the stock soaring in hopes of orchestrating a gamma squeeze.

Read full article: https://www.zerohedge.com/markets/whimper-retail-euphoria-spacex-fizzles-after-stock-loses-600-billion-one-day