Trump's media company has launched a paid Truth API feed offering accelerated access to its content. Some trading firms have signed up, but others, including Hudson River Trading and Castle Securities, say they will not pay, arguing the feed is not necessary for trading operations. Legal experts say existing insider-trading rules do not clearly cover a sitting president using his media platform to disseminate market-moving information or selling faster access to that information. SEC Chair Paul

2026-08-13

Trump's media company has launched a paid Truth API feed offering accelerated access to its content. Some trading firms have signed up, but others, including Hudson River Trading and Castle Securities, say they will not pay, arguing the feed is not necessary for trading operations. Legal experts say existing insider-trading rules do not clearly cover a sitting president using his media platform to disseminate market-moving information or selling faster access to that information. SEC Chair Paul Atkins said in an interview the SEC is monitoring the Truth API data stream.

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2026-08-13

美国国防部长赫格塞思:哥伦比亚将加入美国反毒品卡特尔联盟,授权与美国进行联合军事行动。

2026-08-12

近期韩国股市在半导体去杠杆和高波动冲击下大幅压缩估值。彭博策略文章指出,KOSPI远期市盈率已降至约5倍,仅相当于长期均值的一半。从估值隐含的盈利预期看, 当前价格大致相当于市场在计入未来企业盈利下滑约 50%;作为对比,全球金融危机期间韩国企业盈利最大降幅约为45%。 这种极端定价与韩国股市高度集中的结构有关:三星电子和SK海力士合计接近指数一半权重,科技股占比约53%,因此半导体盈利预期和杠杆资金变化会被显著放大。近期KOSPI自6月高点一度下跌约33%,三星和SK海力士贡献了绝大部分市值损失。 但「估值便宜」并不等于盈利风险已经消失。当前韩国存储龙头仍受益于AI芯片需求并产生大量现金,同时行业仍在扩张资本开支。 因此,当前估值真正反映的是市场对半导体盈利高位能否持续的极端悲观预期: 如果未来只是正常周期回落,而非接近金融危机级别的盈利坍塌,现有定价就可能存在过度折价;反之,如果AI和存储周期快速逆转,低估值本身并不能构成保护。