Tolls in the Strait of Hormuz now look almost impossible to avoid. Should they land, the world would be paying a new tax on energy itself, and everyone from investors to households would feel it.
SK Hynix soared 13% on its Nasdaq debut Friday. By Monday it had crashed 8.4% in Seoul. Nigel Green, CEO of global financial advisory giant deVere Group, warns the reversal exposes how much of the AI rally is running on headlines, not earnings.
