SK Hynix is exploring something it has never done before: manufacturing memory chips in the United States.
Reuters reported on September 16 that the Korean memory giant is discussing several possibilities with Intel Corporation (NASDAQ:INTC), including leasing part of Intel's long-delayed Ohio complex or forming a venture involving Intel and large cloud customers. SK Hynix said no specific plan has been finalized.
For Micron Technology, Inc. (NASDAQ:MU), the talks matter because one of its strongest strategic advantages is being the major U.S.-based memory producer while AI has made DRAM and HBM increasingly scarce.
Intel has committed enormous capital to Ohio, with the broader project potentially reaching around $100 billion over time. Delays have pushed planned production into the next decade. A tenant or joint-venture partner could therefore help Intel share the financial burden of developing the Ohio site rather than relying entirely on its own foundry demand to justify the buildout.
That is the bull case. The bear case is that exploratory talks are a long way from revenue. Bringing advanced Korean memory production to the U.S. could face cost problems, technology-transfer restrictions and objections from Seoul. Intel still needs its core manufacturing roadmap to work.

#long

SEOUL, Sept 20 (Reuters) - North Korea launched two missiles off its eastern coast on Sunday, its second set of tests in roughly a week and days after Pyongyang accused the ‌US of driving tensions on the Korean Peninsula through a series of military drills.
Just three hours ‌after launching a short-range ballistic missile (SRBM) toward the East Sea on Sunday afternoon, North Korea fired another short-range ballistic missile, according to South Korea's defence ministry.
If the subsequent launch is confirmed to be a ballistic missile, it will mark two consecutive ballistic missile tests by North Korea within a three-hour window.
South Korea's Joint Chiefs of Staff said it detected the first test firing from the Wonsan area around 3 p.m. (0600 GMT), identifying the weapon as a ‌ballistic missile. ***** an's defence ministry also said ⁠it appeared to be a ballistic missile.
Japanese public broadcaster NHK said the projectile had come down outside ***** an's exclusive economic zone.

#sunday

Boeing locked Korean Air into a $36.2 billion order spanning 737 MAX, 787-10, and 777X variants, but no deliveries arrive until the early 2030s.
Lockheed Martin posts steady profits while Boeing burns cash lifting production rates, carrying $600 million in quarterly interest expense that pressures GAAP results.
Just released. Our ******* ysts combed the entire stock market and named the ten best stocks to buy right now, and Boeing didn't make the cut. Enter your email to see the names that beat BA. The report is free. Enter your email and see if any of your stocks made the cut.
Boeing (NYSE:BA) confirmed a firm Korean Air order for the stretched 737 MAX, 787-10, and 777X in passenger and freighter variants, valued at $36.2 billion. Deliveries begin in the early 2030s.
These aircraft were previously logged as unidentified orders from a commitment announced last summer, so this is existing backlog getting a customer name rather than fresh demand.

#boeing #deliveries

Tesla's (NASDAQ: TSLA) business is in an interesting spot. The company saw a significant sales rebound in the second quarter, with revenue rising 26% year over year to reach $22.5 billion. Recent reports also suggest that the company's share of the U.S. electric vehicle (EV) market has risen sharply amid a substantial sales contraction for the overall industry. And while the company's net income fell 5% annually in the second quarter, the business still recorded net income of $1.11 billion in the period.
On the other hand, positive net income doesn't tell the whole story because the metric doesn't include capital expenditures (capex) that are recorded as ****** ets on the balance sheet. With Tesla betting big on its robotaxi project, Optimus humanoid robots, and other potential growth drivers, the company recorded $5.79 billion in capex in Q2. As a result, the business posted -$1.1 billion in free cash flow (FCF) in the period. With FCF coming up negative lately, the company's $43.5 billion cash position provides a valuable cushion.
Missed Nvidia in 2009? This Rare Signal Is Flashing Again. In 2009, a "Double Down" signal flashed for a little-known chipmaker called Nvidia. For the first time in years, that same "Total Conviction" signal is flashing for a company 1/100th the size of Nvidia. Continue »
Tesla posted substantial sales growth in the second quarter as some of the pressures facing the brand eased, higher gas prices encouraged EV purchases, and price cuts helped spur demand. On the other hand, it remains to be seen whether this sales growth momentum is sustainable -- and banking on the core EV business to be an earnings driver that can support the company's highly growth-dependent valuation seems unwise.
While Tesla has seen competitors based in the U.S., ****** an, and South Korea reduce their focus on the EV market, BYD and other China-based rivals are making inroads in the market and continue to bet heavily on long-term growth in the category. CEO Elon Musk appears to have a good grasp on the challenging competitive landscape and has been positioning robotaxis, humanoid robots, and semiconductor projects as the core elements of his company's growth strategy.

#NVIDIA

Intel (NASDAQ:INTC), the leading chip manufacturer, closed at $108.80, up 7.67%. Shares rose after news reports yesterday of a possible tie-up with SK Hynix (NASDAQ:SKHY). They continued to rise today, even though the South Korean firm issued a statement saying that nothing has been finalized.
Trading volume reached 147.2 million shares, coming in about 35% above its three-month average of 109.0 million shares.
The S&P 500 closed at 7,638, up 1.14%, while the Nasdaq Composite finished at 26,418, up 1.69%. Among semiconductors, Advanced Micro Devices closed at $545.09, up 6.36%, and Qualcomm closed at $188.71, up 2.09%, as chip-sector strength and memory-share momentum lifted the group.
Chip stocks rallied today after a rough week in which interest rate hikes and tech leaders' calls for a slowdown in artificial intelligence (AI) development weighed on the sector. Intel got an extra boost from a deal that may not even materialize: Even a whisper that SK Hynix might, possibly, maybe lease part of its Ohio complex or enter into a joint venture proved tantalizing to investors.
The difficulty with these types of speculative price jumps is that they often aren't sustainable. SK Hynix saying it is "exploring various options" is a long way from signing a deal. More concrete news? Barclays upgraded the stock from "Underperform" to "Overweight." Ultimately, Intel is well-placed to benefit from growing AI demand, but finding a client for its foundry business -- whether or not that's SK Hynix -- would represent a significant win.

#hynix #chip #saying

Intel and SK Hynix each jumped roughly 3% after Reuters reported talks to produce memory chips at Intel's $100B Ohio campus, with plants not due until 2030.
Semiconductor ETF SOXX gained 2%, tripling QQQ's advance, while Micron risks losing its CHIPS Act home-market edge if SK Hynix secures U.S. soil production.
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Shares of Intel (NASDAQ:INTC) are trading higher early Wednesday after Reuters reported the chipmaker is in talks with a Korean memory partner about producing memory chips at Intel's Ohio campus. Intel stock is up 4% to $100.55 in early Wednesday trading, extending a run that has the shares up 171% year to date. The move points to a paying tenant on the same site Intel has been funding on its own.
SK Hynix (NASDAQ:SKHY) is the reported counterparty, and its U.S.-listed shares are climbing on the same story. SK Hynix stock is up 3.3% to $180.52. The Korean memory leader is in the middle of a wider U.S. build-out that already includes a groundbreaking last month on a high-bandwidth memory (HBM) production base in Indiana.

#Intel #Stock #reuters

Intel (NASDAQ:INTC) stock is up 4% in morning trading on Wednesday, following a report that the chipmaker was in talks with SK Hynix (NASDAQ:SKHY) that would allow the South Korean company to manufacture memory chips on U.S. soil.
According to the Reuters report, SK Hynix is considering leasing part of Intel's $28 billion chip manufacturing facility in Ohio. Another option, according to the report, would involve SK Hynix forming an agreement with Intel and other major cloud companies seeking memory chip supplies.
Missed Nvidia in 2009? This Rare Signal Is Flashing Again. In 2009, a "Double Down" signal flashed for a little-known chipmaker called Nvidia. For the first time in years, that same "Total Conviction" signal is flashing for a company 1/100th the size of Nvidia. Continue »
SK Hynix is a leading manufacturer of memory chips and is known for supplying advanced high-bandwidth memory (HBM) used in AI accelerators.
Image source: Intel.

#Intel #according

KCHP launched September 15, 2026 on NYSE Arca, giving U.S. investors a single-ticker bet on South Korean semiconductor companies at a 0.65% expense ratio.
Unlike broad Korea funds EWY and FLKR or global chip ETFs SOXX and SMH, KCHP targets only Korean chipmakers but charges more than all of them.
With just one day of trading history and likely wide bid-ask spreads, KCHP carries real liquidity risk on top of concentrated memory-chip exposure.
Read More: Learn 7 ways to generate income with a $1,000,000+ portfolio (sponsor)
The specific index the fund tracks, the method used to weight the holdings (for example, by market value or a capped scheme to prevent one stock from dominating), and the exact number of positions were not spelled out in the data available for this article. Those details sit in the prospectus filed with the SEC, which investors should consult directly.

#korea

Moscow is preparing for a final test of a new ballistic missile capable of striking targets hundreds of miles away and potentially maneuvering in ways that could challenge Ukraine's already strained air defenses, a defense ******* yst warned Monday.
The warning comes as Ukrainian military officials said that Russia could conduct the test in the coming months and potentially in live-fire strikes.
"According to our estimates, Russia plans to conduct final tests of a new type of ballistic missile with a range of up to 800 km by the end of this year," Vadym Skibitskyi, deputy head of the Defence Intelligence of Ukraine (DIU), said at a meeting of the Ukraine-NATO Interparliamentary Council, according to Ukrainian news outlet Ukrainska Pravda.
"If, for instance, this 800-kilometer missile has more advanced maneuverability, well then that's going to create greater problems for Ukraine in that they're going to need the more sophisticated interceptors to get them," Tom Karako, director of the Missile Defense Project at the Center for Strategic and International Studies, told Fox News Digital.
Russia Deploys North Korean Missile Unit To Ukraine; Moscow-pyongyang Axis Deepens: Report

#ukrainian #defense #ballistic

Founded in 1977 and headquartered in South Korea, LX Pantos has grown into a global logistics provider spanning freight forwarding, contract logistics, e-commerce fulfillment, last-mile delivery and installation, and supply chain management consulting. The company now operates more than 380 locations worldwide with a workforce of approximately 8,500 employees, moving more than 1.6 million TEUs of ocean freight and over 120,000 tons of air freight annually. In 2025, LX Pantos recorded revenue of approximately $5.85 billion.
For President and CEO Lee Yong-ho, those figures mark a foundation rather than a destination.
"Since **** uming the role of CEO, I have set a clear vision for LX Pantos: to build the company into a 'Korea-born, global logistics company,' and we have been pursuing that goal with unwavering commitment," Lee said.
That vision marks a departure from the model that carried LX Pantos for decades on domestic corporate freight volumes.
"For many years, LX Pantos grew rapidly by leveraging freight volumes from domestic corporate customers. However, we have also recognized that growth driven primarily by the domestic market has its limitations," Lee said. "It is now time for LX Pantos to evolve into a truly global logistics company — one that is not confined to any single country or customer segment, but is capable of delivering comprehensive logistics solutions to customers worldwide."

#pantos #Logistics

This week's ETF Zoo crew takes a lay of the land as summer comes to a close and some new and interesting developments crop up. ETF.com hosts Dave Nadig, President & Director of Research, and Sumit Roy, Senior ETF ****** yst, are joined in this episode by Cinthia Murphy, Director of Research at TMX VettaFi, and James Seyffart, CFA, CAIA, Senior Research ****** yst at Bloomberg Intelligence. Together the group talks about some of the big M&A announcements lately, dig into the AI chokepoint perspective, and more.
You can view this episode here or on our YouTube channel or listen on Spotify or Apple Podcasts.
M&A land grab in full swing. Billions in ETF acquisitions, including Victory Capital/First Eagle, Vanguard/Altruist, and more, signal that scale instead of organic growth now drives the industry. The Zoo crew debated whether firms are buying hit products, talent, or distribution, and what could be ahead for the industry.
Leverage and gambling push into new territory. Defiance's hourly-reset leveraged ETFs barely differ from daily resets despite pulling in huge fees, while Korea and ****** an crack down on single-stock leverage entirely. New NHL-linked sports-betting ETFs raised bigger concerns about routing gambling risk through the same rails as retirement savings.
AI concentration is everywhere, even where you don't expect it. Thematic and datacenter ETFs quietly hold the same chokepoint stocks like Micron and Nvidia, sparking debate over whether that's a feature or a vulnerability. However, real revenue growth at companies like Anthropic and OpenAI kept the Zoo Crew from sounding the alarm just yet.

#land #chokepoint

MELBOURNE, Australia (AP) — Two members of the Iranian women's soccer team who claimed asylum in Australia have confirmed their pivotal refusal to sing the national anthem during the Women's Asian Cup in March was a protest against Tehran.
The first media interview with Atefeh Ramezanisadeh, 34, and Fatemeh Pasandideh, 22, since they abandoned their team to become refugees was broadcast Sunday on Australia's "60 Minutes" current affairs program.
"We just wanted to stand with our people. I was scared at times, but I just tried to do what was right and say that no one should be killed just for protesting," Ramezanisadeh told Nine Network through an interpreter.
The team was criticized in Iran and branded as traitors in the media there for remaining silent when the Iranian national anthem was played ahead of their opening loss against South Korea on March 2.
Some saw it as an act of resistance, while others interpreted it as a show of mourning following the U.S. and Israeli attacks on their homeland which began on Feb. 28. The team offered no public explanation.

#team #ramezanisadeh

By Andrew Osborn
MOSCOW, Sept 7 (Reuters) - North Korea and Russia opened their first road bridge on Monday in a carefully choreographed display of friendship, a structure which spans the Tumen river and which both sides cast as an important milestone ‌in their deepening strategic partnership.
The first flag-adorned trucks trundled across the 1 km (0.6 mile) long two-lane bridge as Russian Prime ‌Minister Mikhail Mishustin and North Korea's Premier Pak Thae Song tuned in by video link to address workers and government officials from both countries.
Construction of the new bridge, which had been under discussion for years, began in April last year after the project was agreed during a visit by President Vladimir Putin to North Korea in 2024. There are already direct air and rail links between Moscow and Pyongyang, but until Monday there had not been a proper road link. Instead, since 1959 and by special arrangement, planks had been placed on the nearby rail bridge - for decades the sole border crossing point - ‌in order to move vehicles across the border ⁠between the two countries.
"I am convinced that the expansion of cross-border transport infrastructure will provide a powerful impetus for the further development of trade, economic, scientific, technological and cultural cooperation," said Mishustin, who said ties between ⁠Moscow and Pyongyang were "at an unprecedented high level" and called the opening of the bridge "a genuinely historic event."

#bridge #moscow #korea

Mauricio Pochettino has confirmed that Noahkai Banks will not be considered for the USMNT's upcoming camp as the young defender continues to weigh up whether to represent the United States or Germany.
Banks removed himself from consideration earlier this year while he considered his international future, leaving Pochettino with no choice but to leave the Augsburg centre-back out of his plans for now.
The 19-year-old initially joined the USMNT camp in September and had previously represented the country at Under-17, Under-19 and Under-20 level. He did not feature against South Korea or ****** an, however, and has not returned to the senior squad since.
He turns 20 on December 1st, 2026.
Photo by Sarah Stier – FIFA/FIFA via Getty Images

#banks #year

SK hynix (SKHY) stock was among the hottest stories in the chip sector this year. The South Korean memory maker pulled off a record-breaking listing in the United States this summer, and the proceeds were massive.
Valued at a market cap of almost $900 billion, the Korea-based chipmaker has surged 1,400% over the last five years. However, it is also down over 40% from all-time highs.
How to Play SNPS Stock as Layoffs Hit Synopsys
Micron Stock More Than Tripled in 2026. Now Taiwan Strike Threat Could Shake the AI Boom.
Dear Adobe Stock Fans, Mark Your Calendars for September 10

#states #korea

On September 4, Bruker (NASDAQ:BRKR) said its energy and supercon technologies unit, Bruker Energy & Supercon Technologies (or BEST), had struck a supply collaboration with Luvata Materials & Solutions to scale up production of RRP superconductors for magnetic confinement fusion. The deal lands right as governments and private developers from Europe to South Korea race to build fusion demonstration plants, and it comes a month after Bruker's core scientific instruments business showed its first real signs of stabilizing. Two very different stories are converging inside one stock.
The Luvata tie-up is not Bruker's first rodeo in fusion. BEST and Luvata previously supplied materials and expertise to ITER, the international fusion megaproject, and to the Wendelstein 7-X stellarator, two of the most advanced superconducting plasma facilities ever built. Their RRP superconductors, wires built with the Rod-Restack Process to withstand field strengths between 12 and 20 Tesla, already run inside CERN's Large Hadron Collider and in ultra-high field NMR magnets. That track record matters now because fusion programs are ramping across Europe, the Americas, China, ***** an and South Korea, and Gauss Fusion has already begun evaluating RRP superconductors for its Gauss Industrial Demonstrator and GIGA power plant platform.
The segment is already delivering. On August 4, Bruker reported that BEST revenue climbed 11.9% year over year to $74.2 million in the second quarter, with organic growth of 8.9% net of intercompany eliminations, while first-half BEST revenue rose 12.3% to $141 million. That growth showed up in Bruker's bottom line too. Non-GAAP operating margin expanded to 14.1% from 9% a year earlier, and non-GAAP diluted earnings per share grew to $0.49 from $0.32, results strong enough that management kept its full-year non-GAAP EPS growth target of 15% to 17% intact.
None of that shows up on a GAAP basis. Bruker's second-quarter GAAP operating results swung to a $65.3 million loss, versus $11.9 million of GAAP operating income a year earlier, dragged down largely by a $134.9 million non-cash goodwill charge. GAAP diluted earnings per share swung to a loss of $0.41 from a profit of $0.05, and for the first half of 2026 the company posted a GAAP diluted loss per share of $0.39. Impairments do not spend cash, but they are a reminder that some of what Bruker paid for in past acquisitions is now being written down.

#fusion

SEOUL, Sept 7 (Reuters) - South Korea and the United States have agreed on the size of Seoul's planned ‌investment in a gas project in Texas at ‌around $22.3 billion, Korean media outlet Edaily reported on Monday, citing unidentified officials and politicians.
The project, which would be Seoul's first U.S. investment under last year's trade agreement, aims to build a 6.3-gigawatt gas plant in Encinal, Texas, to meet rising power demand for ‌AI data centres, according ⁠to the media reports.
The investment would be part of the trade deal signed by the two ⁠allies last year, under which Seoul pledged $350 billion worth of U.S. investments in exchange for favourable U.S. tariffs on imports of South Korean goods.
The reports did not say whether Seoul would shoulder ‌the whole cost of the Texas project.
Seoul is also considering other potential projects in the United States, including building a large-scale nuclear power plant or a liquefied natural gas project in Alaska, the reports said.

#states

Dorian LPG has agreed an order with South Korean shipbuilder Hanwha Ocean for the construction of three 90,000m³ dual-fuel Panamax very large gas carriers (VLGCs) for a total price of around $345m (Won463.5bn).
The three ships are scheduled for delivery in June, September and December 2030.
Each VLGC will be fitted with dual-fuel engines capable of burning liquefied petroleum gas (LPG) or conventional low-sulphur fuels. They will also feature a shaft generator system that allows power to be produced on board during sea passages.
Hull forms and main engines have been designed to take larger-diameter propellers and energy-saving devices around the propellers, which the company said improves overall energy efficiency.
Dorian LPG said the Panamax dimensions give its charterers commercial flexibility to transit the old Panama Canal locks.

#three #fuel #south

The retirement plan that actually worked for Bernadette Joy wasn't built around a spreadsheet. It was built around her favorite boy band.
Joy, a personal finance expert and author who spent years helping people with their money, retired last year at 40. She and her husband AJ now live on about $6,000 a month — a lifestyle their savings and investments can sustain comfortably. But the clearest financial turning point, she writes in a personal essay for CNBC, came as she was planning to follow the South Korean pop group BTS on their world tour.
Jeff Bezos backs a platform that lets anyone invest in rental homes for as little as $100 — 6 ways to build wealth like a landlord without actually being one
Dave Ramsey warns nearly 50% of Americans are making 1 big Social Security mistake. Here's what it is and 3 simple steps to fix it ASAP
The tax breaks in Trump's 'big beautiful bill' expire after 2028. Here are 4 moves to make before the window closes

#around #personal #bezos

"This is a case about swinging ****** s," wrote Judge Lawrence VanDyke of the U.S. Court of Appeals for the 9th Circuit in March. "You may think that swinging ****** s shouldn't appear in a judicial opinion. You're not wrong. But as much as you might understandably be shocked and displeased to merely encounter that phrase in this opinion, I hope we all can agree that it is far more jarring for the unsuspecting and exposed women at Olympus Spa—some as young as thirteen—to be visually ****** aulted by the real thing."
VanDyke was dissenting from the 9th Circuit's decision not to revisit Olympus v. Armstrong, a case that saw an all-female Korean spa sue on First Amendment grounds. The business, according to the Washington State Human Rights Commission (WSHRC), had broken the law when it declined to accept a preoperative transgender woman. This was a problem for Olympus Spa, which requires nudity in its pool area, and whose business model, relatedly, hinges on catering to a single-sex clientele.
In ruling against the business last year, the 9th Circuit acknowledged the thorniness of the case. "We are not unmindful of the concerns and beliefs raised by the Spa," wrote Judge M. Margaret McKeown. "Indeed, the Spa may have other avenues to challenge the enforcement action. But whatever recourse it may have, that relief cannot come from the First Amendment."
Olympus Spa is now taking its case to the Supreme Court. McKeown and VanDyke, whose vulgar approach elicited a rebuke from 27 of his colleagues, may appear irreconcilably at odds. In some sense, they are. Yet the rival sensibilities also help paint a more complete picture of a complicated case, one that naturally provokes strong reactions but for which there may be no immediately satisfying answer under the Constitution.
The ordeal traces back to 2020. Haven Wilvich, who has identified as a "nonbinary trans woman," lodged a complaint with the WSHRC after being turned away from the Olympus Spa location in Lynnwood, Washington, for having a ****** . (The spa says it accepts postoperative transgender women.) The Washington State Law Against Discrimination (WLAD) bars discrimination based on many characteristics, including ****** ual orientation, which the state defines as encompassing "heterosexuality, ****** ****** uality, bisexuality, and gender expression or identity."

#olympus #vandyke #state

SEOUL, Sept 7 (Reuters) - North Korean leader Kim Jong Un said the country's newest destroyer would be part of a nuclear response system ‌and could deliver "annihilating retaliatory strikes", state media KCNA reported on Monday, ‌although it did not say whether the vessel would carry nuclear weapons.
North Korea has accelerated efforts to modernise its navy as Kim pursues a broader expansion of the country's nuclear-capable forces.
At a commissioning ceremony in the eastern port city of Wonsan on Sunday, Kim said the new ship's deployment to the sea east of the Korean Peninsula sent ‌a clear signal to North ⁠Korea's adversaries.
"The time has come for us to exercise our sovereignty at sea and under water," Kim said, according to KCNA.
The ⁠5,000-ton-class destroyer, the "Kang Kon", is the second warship of its class to enter service, following the commissioning of the "Choe Hyon" destroyer on North Korea's west coast about three months earlier, KCNA cited Kim as saying.

#north #destroyer #korean #seoul

On September 4, Bruker (NASDAQ:BRKR) said its energy and supercon technologies unit, Bruker Energy & Supercon Technologies (or BEST), had struck a supply collaboration with Luvata Materials & Solutions to scale up production of RRP superconductors for magnetic confinement fusion. The deal lands right as governments and private developers from Europe to South Korea race to build fusion demonstration plants, and it comes a month after Bruker's core scientific instruments business showed its first real signs of stabilizing. Two very different stories are converging inside one stock.
The Luvata tie-up is not Bruker's first rodeo in fusion. BEST and Luvata previously supplied materials and expertise to ITER, the international fusion megaproject, and to the Wendelstein 7-X stellarator, two of the most advanced superconducting plasma facilities ever built. Their RRP superconductors, wires built with the Rod-Restack Process to withstand field strengths between 12 and 20 Tesla, already run inside CERN's Large Hadron Collider and in ultra-high field NMR magnets. That track record matters now because fusion programs are ramping across Europe, the Americas, China, **** an and South Korea, and Gauss Fusion has already begun evaluating RRP superconductors for its Gauss Industrial Demonstrator and GIGA power plant platform.
The segment is already delivering. On August 4, Bruker reported that BEST revenue climbed 11.9% year over year to $74.2 million in the second quarter, with organic growth of 8.9% net of intercompany eliminations, while first-half BEST revenue rose 12.3% to $141 million. That growth showed up in Bruker's bottom line too. Non-GAAP operating margin expanded to 14.1% from 9% a year earlier, and non-GAAP diluted earnings per share grew to $0.49 from $0.32, results strong enough that management kept its full-year non-GAAP EPS growth target of 15% to 17% intact.
None of that shows up on a GAAP basis. Bruker's second-quarter GAAP operating results swung to a $65.3 million loss, versus $11.9 million of GAAP operating income a year earlier, dragged down largely by a $134.9 million non-cash goodwill charge. GAAP diluted earnings per share swung to a loss of $0.41 from a profit of $0.05, and for the first half of 2026 the company posted a GAAP diluted loss per share of $0.39. Impairments do not spend cash, but they are a reminder that some of what Bruker paid for in past acquisitions is now being written down.

#gaap #bruker #million #already

SEOUL, South Korea (AP) — A group of Chinese artists is boycotting a major art exhibition in South Korea over the organizers' plans to use the name "Taiwan Pavilion" for an exhibition of works by Taiwanese artists.
China considers self-governing Taiwan to be part of its territory and rejects the island's claim to sovereignty. Beijing generally refers to Taiwan as "China's Taiwan region."
China's Foreign Ministry on Thursday criticized the South Korean organizers of the biennial Gwangju Biennale, one of Asia's most prominent art exhibitions, saying the organizers have "stubbornly clung to the wrongful practice, allowing China's Taiwan region to participate under a designation that is completely incompatible with its status."
Spokesperson Guo Jiakun said China hopes the South Korean government will uphold its political commitment to the "one China" principle through concrete action.
The Chinese artists said the same day that they were withdrawing from the festival, which opens Saturday and runs through mid-November.

#korean

Sept. 4 (UPI) -- Kentucky Downs' really big-money races and some hot events for 2-year-olds compete on the weekend horse racing calendar that also includes a foreign docket -- the Arc previews in France, the start of Hong Kong's season and Korea's biggest day of horse racing.
Turf
Ryan Moore makes a first-ever appearance at Kentucky Downs on Saturday with his best chance to snag a winner, Causeway, in the $3 million Grade II Nashville Derby.
The Wootton Bassett colt won four straight races for Coolmore and trainer Aidan O'Brien before finishing a distant seventh in the Group 1 Grand Prix de Paris in his last start, which came on soft turf.
Three other tough foreigners are here, and the locals frankly look outgunned. But anything can happen over 1 3/16 miles on the winding, undulating course.

#downs

Caitlin Clark and Aliyah Boston of the Indiana Fever are playing for Team USA in the FIBA Women's World Cup from Sept. 4-13 in Berlin, Germany. Fever coach Stephanie White is on the staff.
Sixteen teams qualified for the tournament: Australia, Czechia, Hungary, South Korea, Puerto Rico, Belgium, France, Italy, Mali, Spain, China, Germany, **** an, Nigeria and Turkiye are also participating.
Group play begins Friday, Sept. 4, and continues through Monday, Sept. 7. Team USA plays China, Turkiye and Italy in the group round. Knockout rounds begin Tuesday, Sept. 8.
In the World Cup: Caitlin Clark ready for 'very different scenario'
(all times ET)

#team #germany #italy #turkiye

This story was originally published on Bisnow, the newsroom global commercial real estate reads first. To receive daily news and ******* ysis, subscribe to Bisnow's free suite of newsletters.
Crow Holdings has raised nearly $1.1B for its new fund, which it plans to be its largest ever, to target the multifamily and industrial sectors.
The Dallas-based real estate investment firm has a $3.25B target for Crow Holdings Realty Partners XI LP, the 11th fund in its series, according to a Securities and Exchange Commission filing last week.
It is already a third of its way to that goal, with backing from 49 investors. The fund has been sold through brokers based in the U.S., Canada, Hong Kong, South Korea, Israel, ******* an, Chile and Germany.
If the fund hits its target, it would be the Dallas-based company's largest capital raise ever, surpassing Crow Holdings Realty Partners X LP, which closed in 2024 at $3.1B, the Dallas Business Journal reported.

#holdings #based

The scene in Bilbao, in 2024, foreshadowed the change that would come. Michele Kang, the owner of OL Lyonnes, strode around the edge of the pitch in the San Mames to greet the travelling supporters of the women's football powerhouse, who were buoyed by her ambition and intent to invest. Barcelona won 2-0 to lift their third Women's Champions League **** le in four years, thanks to goals from their two Ballon d'Or winners Aitana Bonmati and Alexia Putellas. But while Kang, the South Korean-born American billionaire and philanthropist, vowed that Lyonnes would return stronger, her sphere of influence was also primed to have an impact elsewhere.
As well as the French champions, Kang owned two other teams as part of her multi-club Kynisca group, the US side Washington Spirit and the London City Lionesses, based out of Bromley and playing in the second tier of English women's football. Two years on, driven by Kang's vision and fuelled by her deep pockets, London City have secured promotion and undergone a remarkable makeover. From that Champions League final alone, they have signed not just Putellas, making the Spain international and World Cup winner the biggest overseas signing in Women's Super League history, but two of her Barcelona team-mates in Mapi Leon and Jana Fernandez. From sister club Lyonnes, London City have signed two of their starting forwards in Kadidiatou Diani and Delphine Cascarino, as well as midfielder Danielle van de Donk.
Michele Kang celebrates London City's promotion to the Women's Super League in 2025 (Getty)
Within two years, London City have disrupted women's football and have now set their sights on challenging for the WSL **** le. It has not come cheap: Putellas was a free transfer but is one of the highest-paid women's footballers in the world at around £1m per year. Before the new season, London City have also signed former England goalkeeper Mary Earps from Paris Saint-Germain and have built a team set on challenging **** nal and Chelsea's dominance in the capital. In terms of transfer fees within the WSL, only **** nal and Chelsea have come close to matching the £1m London City paid PSG for midfielder Grace Geyoro last summer. Their position is also a unique one. Of the 14 teams in this season's expanded WSL, London City are the only independent outfit with no affiliation to a men's club, yet their spending comfortably exceeds that of Manchester United and Liverpool, despite the riches that flow from the Premier League.
Kang is the driving force. The 67-year-old, who made her fortune through healthcare technology in the US, is an investor in the true sense of the word, believing in the untapped value and potential of women's sports. Her philanthropy has extended to making $30m and $4m donations to US Soccer and USA Rugby respectively, the latter just hours after watching the US women's rugby sevens team win bronze at the 2024 Paris Olympics. London City are likely to make a financial loss in their second season o

The names just kept coming, one after the other: Alexia Putellas, a two-time Ballon d'Or winner; Mary Earps, named the best women's goalkeeper by FIFA in 2022 and 2023; Mapi Leon, a four-time Champions League winner; and Kadidiatou Diani, who has earned more than 100 caps for France.
But how are the London City Lionesses, owned by American businesswoman Michele Kang, complying with the Women's Super League's financial rules to pay these big-name players?
Invest before revenue.
Kang, a Korean-American businesswoman, bought the club in 2023, helping them win promotion to the WSL in 2025. Finishing sixth in their debut top-flight season was respectable, but this summer, they have gone big. London City have splashed out on star players — albeit mostly on free transfers — for two reasons: they want to qualify for the Champions League and increase their revenue as soon as possible.
Earnings have to rise so they can afford to pay this set of players. London City are banking on marquee names attracting larger sponsorship deals and a new fanbase that will increase revenue down the line. On Thursday they announced a first-of-its-kind multi-year front-of-shirt partnership with Nike. The financial terms of the deal were not disclosed. Kang, however, said the value exceeds some Premier League men's teams' shirt deals and the $4million (£2.9 m) annual value of the NWSL's Atlanta expansion franchise's recent front-of-shirt agreement, believed to be the wealthiest jersey sponsorship in women's sports.

#city

SK hynix (SKHY) is giving investors a fresh reason to watch its artificial intelligence (AI)-driven memory growth story as the South Korean chipmaker weighs expanding its manufacturing footprint into ****** an. The company is reportedly exploring a potential memory-chip joint venture, with Miyagi Prefecture among the locations seeking to attract the investment. SK hynix looks to capitalize on surging AI-driven demand while deepening relationships with ****** anese customers and suppliers, including through its indirect stake in Kioxia Holdings.
The potential ****** an expansion could become another important piece of SK hynix's global capacity strategy. The company is already investing heavily in South Korea and recently broke ground on a $4 billion advanced packaging facility in Indiana, underscoring its effort to secure supply as the memory shortage is expected to persist through 2030. Amid this, ****** an could be strategically attractive because it has an established semiconductor ecosystem, and its willingness to subsidize semiconductor investments could further support SK hynix's expansion plans.
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Why ****** ysts Think Sellas Life Sciences Stock Can Gain 150% From Here

#Japan #driven

Baron Capital, an investment management company, released its second-quarter 2026 investor letter for its "Baron Global Opportunity Fund". The letter can be downloaded here. The fund achieved a strong quarter, gaining 26.7% (Institutional Shares), exceeding a 14.9% gain for the MSCI ACWI Index (the Index), and a 19.8% gain for the MSCI ACWI Growth Index. YTD, the Fund is up 20.6% compared to gains of 11.3% and 10.6% for the benchmarks, respectively. In mid-2026, market patterns show similarities to the previous year, following three years of over 25% gains driven by a healthy economy and AI investments. Elevated geopolitical risks persisted, with a pullback likely. A tariff-related market dip was followed by a recovery, reflecting a growing market indifference to geopolitical uncertainties. Similarly, airstrikes against Iran and subsequent tension led to an initial market sell-off, yet a lull in hostilities led to a strong market rally. The Fund noted significant outperformance, credited to stock selection and sector allocation, with 1,173bps of overall outperformance relative to the Index. It excelled in developed markets while underperforming in emerging markets, particularly due to a spectacular rise in Korea. The Fund remains optimistic about its investments and seeks attractive opportunities. Also, check the fund's top five holdings to see its best picks in 2026.
In its second-quarter 2026 investor letter, Baron Global Opportunity Fund highlighted DPC Holdings PLC (NYSE:DPC) as a new addition. DPC Holdings PLC (NYSE:DPC) manufacturers engine products, including complex precision cast components and nickel- and cobalt-based superalloys for aerospace, industrial gas turbine and transportation industries. On September 1, 2026, DPC Holdings PLC (NYSE:DPC) closed at $41.48 per share. Over the past month, DPC Holdings PLC (NYSE:DPC) declined 20.69%. DPC Holdings PLC (NYSE:DPC) has a market capitalization of $6.02 billion.
Baron Global Opportunity Fund stated the following regarding DPC Holdings PLC (NYSE:DPC) in its Q2 2026 investor letter:
We also initiated a new position in DPC Holdings PLC (NYSE:DPC), a leading manufacturer of precision-cast superalloy components – the turbine blades, vanes, and structural castings that must perform under very harsh operating conditions including very high temperatures (1000c) and high pressure. These parts go into both commercial aircraft engines and industrial gas turbines (IGT) that generate electricity. The company occupies a hard-to-replicate market positioning as a critical supplier of the inner parts of an engine that only a handful of qualified manufacturers in the world are capable of producing.
Since the company began its turnaround in 2020 after over a decade under poor ownership, with the leadership of CEO Mike Quinn, who spent over a decade at Precision Castparts, and Co Chairperson of the Board Dirkson Charles, who built and currently is CEO of aerospace and defense proprietary parts provider