Apple pays for the hubris. Samsung to bust out a quadrillion in cap-ex.
About this episode
The episode discusses volatility in the US equity market, focusing on Apple and Samsung's financial strategies.
Today's John J. Hardy substack post. Today, a look at some incredible volatility and cross-currents in the US equity market as Mag7 continues to come in for a beating as chip stocks soared once again. But then the two Korean memory makers stumble overnight, perhaps on Samsung announcing it my plow KRW 1 quadrillion (about USD 650 billion) into cap-ex over the next decade. Elsewhere, the market gave Apple the thumbs down for its greedy plan to make even more money from its customers due to higher input costs. Macro and FX and a busy event risk calendar next week and more also on today's pod, which is hosted by Saxo Global Head of Macro Strategy John J. Hardy. Links discussed on today's podcast and our Chart of the Day can be found on the John J. Hardy substack (within two to four hours from the time of the podcast release). Read daily in-depth market updates from the Saxo Market Call and the Saxo Strategy Team here. Please reach out to us at marketcall@saxobank.com for feedback and questions. Click here to open an account with Saxo. Intro music by AShamaluevMusic DISCLAIMERThis content is marketing material.Trading financial instruments carries risks. Always ensure that you…
More episodes of Saxo Market Call
- With special guest Peter Garnry of Gesda Capital
- Meta announcement: just a warning shot or the actual pin prick?
- Rocket Lab enters the space comms fray with Iridium grab. Also, USA at 250!
- Leverage upon leverage, what could go wrong?
- Flat Friday on the index surface, but bonkers beta underneath.
- Micron tries to revive AI hardware momo. Gold tests below 4,000.
Explore listener stats, chart rankings, contacts and more on the Saxo Market Call podcast page.