Tag: Volatility
-
The Semiconductor Bear Market: Three Weeks That Unwound a 105% Rally
The Philadelphia Semiconductor Index has fallen 20 per cent in three weeks against record earnings. Inside the flows, the leverage unwind, and what decides whether the AI trade’s first bear market stays a valuation event.
-
IBM’s Worst Day on Record: The 3.7% Miss That Cost $68 Billion
IBM missed revenue by 3.7 per cent and lost a quarter of its value, the worst day in its listed history. Operating earnings grew, margins expanded, and the mainframe is running at 130 per cent of its best ever programme. What the market actually repriced.
-
The Best Quarter Since 2020: Inside the H1 2026 Market Rally
Khan Capitals | July 2026 Key Takeaways A Half That Began in a Correction and Ended at Records It is easy to forget, looking at the closing figures, how badly the year began. The first quarter of 2026 delivered a genuine correction, a drawdown driven by the Iran conflict, an oil spike, and a growth…
-
The Yen at a 40-Year Low: Why Record Intervention Keeps Failing
USD/JPY has traded through 162, the weakest yen since 1986, despite a record ¥11.73 trillion intervention and the highest Bank of Japan policy rate since 1995. Why the battle is really with the Fed.
-
Micron’s Record Quarter and the AI Memory Supercycle
Khan Capitals | June 2026 Key Takeaways Part of: The AI Infrastructure Supercycle – Khan Capital’s hub on the AI infrastructure build-out. A Quarter Without Precedent in Memory Memory has always been the least loved corner of the semiconductor industry. It is the part of the business that booms and busts on a roughly two-year…
-
The June 2026 Crypto Deleveraging: Bitcoin Below $60,000 and Strategy’s First Sale
Khan Capitals | June 2026 Key Takeaways Part of: Crypto & Digital Assets – Khan Capital’s hub on crypto and digital assets. The most leveraged corner of global markets is usually the first to tell you when the cost of money is changing. In the week of 1 June 2026, the June 2026 crypto deleveraging…
-
The $1 Trillion AI Semiconductor Selloff: When Good News Became Bad News
Khan Capitals | June 2026 Key Takeaways Part of: The AI Infrastructure Supercycle – Khan Capital’s hub on the AI infrastructure build-out. A Record Week That Broke on Friday The AI semiconductor selloff of 5 June 2026 will be remembered for its violence, but the more instructive detail is what preceded it. On Monday 1…
-
Q1 2026 Bank Earnings: Trading Desks Ride the Volatility Wave as Net Interest Income Compresses
Khan Capital | April 2026 Key Takeaways A Volatility Quarter That Rewarded the Right Desks The first-quarter 2026 bank earnings season opened this week with results that, taken in isolation, would have been read as a clean beat for the American banking sector. Every one of the six large US franchises that reported between 14…
-
Q1 2026: The Worst First Quarter Since 2022 as Iran War and Oil Shock Sink Stocks
The S&P 500 fell 4.6% in Q1 2026 as the Iran war, an oil shock, and a 23% Microsoft drop produced the worst first quarter since 2022.
-
Tech Volatility in 2026: Software Stocks Drop $400B in a Week
The MSCI Software Index plunges 21% as AI agents threaten per-seat licensing, Microsoft loses $400 billion in a day, and $400 billion in software sector value is destroyed in a week. Why this is the AI trade’s Phase Two, not its ending.