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Daily Pulse

The Market Stopped Paying Records

The read for FOMC afternoon — companion to this morning’s Morning 10 and to the study we published today on the testing duopoly, The Verification Tax.

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Thomas Look
Jul 29, 2026
∙ Paid

A record quarter, sold in seconds

SK Hynix reported the best quarter in its corporate history overnight: operating profit of ₩60.5 trillion, up 557% year on year, on revenue of ₩79.3 trillion. Both lines missed consensus by roughly 6% — and the capex line, read precisely, was held at the high end of the already-guided ₩40 trillion range while the street …

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