Wall Street heavyweight trims Samsung’s stake by 60% and raises TSMC, sending Samsung Electronics and SK hynix tumbling
A major Wall Street investor was reported to have cut the share of Samsung Electronics in its holdings by 60% and increased its TSMC stake. On the same day, TSMC posted record monthly sales, while Samsung Electronics and SK hynix shares plunged by more than 6% and fell to the 10won range. Investors should check disclosures and earnings announcements.6,000.
A major Wall Street investor cut its Samsung Electronics holdings by 60% and increased its TSMC stake. The news was reported on 2026year 7month 13day.
TSMC once again set a record for monthly sales in 6month. The company said sales rose 68% from the same month a year earlier.
Samsung Electronics and SK hynix saw their share price fall by more than 7% on 13month 10day, slipping into the 6,000won range. The report said this drop marked a return to a low last seen two months ago.
Conatus announced that the number of Turu Taxi affiliates reached 10,000. The company forecast that revenue this year will increase by 2 times.
The Korea Baseball Softball Association said it has completed advanced S&C (Strength & Conditioning) training education for high school pitchers. The program focused on preventing injuries and extending players’ careers.
The related reports and company announcements mentioned earlier were all released on 2026 year 7 month 13. The companies’ disclosures and quarterly earnings announcements are expected to continue.
Investors are advised to check company disclosures and quarterly earnings announcements.