U.S. Market Wrap

POSCO Future M (003670.KS) Q1 2026: Net Profit Slumps 87% on ₩127.2B Cathode Inventory Write-Down

KOSPI Surges 3.7% to Record 8,788 as Jensen Huang's Korea Blitz Fires AI-Chip Stocks

South Korea's KOSPI closed at 8,788.38 on June 1, 2026—a new all-time high—as Jensen Huang's Korea Partner Night in Taipei ignited fresh demand for Samsung Electronics (+10.9%) and LG Electronics (upper limit). Only 183 of 915 listed stocks advanced, raising concentration-risk warnings even as the NPS fund crossed ₩1,900 trillion with a 25% YTD return.

Samsung (005930.KS) Holdings Top ₩60T on AI-Memory Surge as KOSPI Hits Records

HD Hyundai (267250.KS) Q1 2026: ₩2.8T OP Doubles, Parent Gets 38%

SKT Surges 13% as Jensen Huang Names It Physical-AI Linchpin at GTC Taipei

SK Telecom shares jumped 13.42% to ₩114,100 on June 1 after Nvidia CEO Jensen Huang named the Korean carrier a key partner in manufacturing and physical AI at GTC Taipei, spotlighting its Omniverse-powered digital twin running inside a SK hynix chip fab.

Celltrion's First-Ever Union Lands as Record Margins Peak

Celltrion (068270.KS), the Incheon-based biosimilar maker that is South Korea's largest by sales, saw workers form the first labor union in its history on June 1, ending a no-union stretch that has held since the company's 2002 founding (Yonhap; Korea Times). The timing is what matters to investors: the union arrives weeks after Celltrion booked the most profitable year it has ever reported.

Samsung Bio Strike Hardens; Celltrion Forms First Union

Celltrion (068270.KS), South Korea's largest biosimilar developer, said its workers launched a labor union on June 1 — the first in the company's history since founder Seo Jung-jin started it in 2002, according to Chosun Biz and The Korea Times. The move lands as a separate dispute at Samsung Biolog

SK Hynix Cheongju Fab Fire: Hydrogen Fluoride Leak Hospitalizes Seven

A fire broke out around 10:32 a.m. on June 1 at SK Hynix's Cheongju Campus 4 — part of the memory giant's main NAND flash and back-end hub in North Chungcheong Province — releasing hydrogen fluoride and injuring six people, according to Korean outlets chosunbiz and Electronic Times (etnews). SK Hynix is the world's second-largest memory chipmaker and the leading supplier of high-bandwidth memory (

Hyundai Rotem (064350.KS) Q1 2026: Revenue Surges 24% to ₩1.46T as Poland K2 Deliveries Hit Stride

Kakao Union Locks In June 10 Walkout After Second Mediation Fails, Targeting 13-15% Profit Share

Kakao Corp.'s five-entity labor coalition confirmed a four-hour partial walkout for June 10 after second mediation failed. The union demands 13–15% of Kakao's ₩440B 2025 operating profit as bonuses (est. ₩15M/worker); management warns the package would be 'a huge burden.' A prolonged stoppage risks delaying the KakaoTalk Kanana AI rollout.