💥 Half an Index Just Imploded

A US startup just hit a $1 billion private valuation, joining billion-dollar private companies like SpaceX, OpenAI, and ByteDance. Unlike those other unicorns, you can invest in EnergyX.

Over 50,000 people already have. So have industry giants like General Motors and POSCO.

Why all the interest? EnergyX’s patented tech can recover up to 3X more lithium than traditional methods. That's a big deal, as demand for lithium is expected to 5X current production levels by 2040. Today, they’re moving toward commercial production, tapping into 100,000+ acres of lithium deposits in Chile, a potential $1.1B annual revenue opportunity at projected market prices.

Right now, you can invest at this pivotal growth stage for $13/share. But only through July 16. Become an early-stage EnergyX shareholder before the deadline.

Invest in EnergyX

^{Energy Exploration Technologies, Inc. (“EnergyX”) has engaged Beehiiv to publish this communication in connection with EnergyX’s ongoing Regulation A offering. Beehiiv has been paid in cash and may receive additional compensation. Beehiiv and/or its affiliates do not currently hold securities of EnergyX.}

^{This compensation and any current or future ownership interest could create a conflict of interest. Please consider this disclosure alongside EnergyX’s offering materials. EnergyX’s Regulation A offering has been qualified by the SEC. Offers and sales may be made only by means of the qualified offering circular. Before investing, carefully review the offering circular, including the risk factors. The offering circular is available at invest.energyx.com/.}

^{Comparisons to other companies are for informational purposes only and should not imply similar results. Past performance is not indicative of future results. Market shortfall are forward‑looking estimates and are subject to substantial uncertainty.}

Memory and AI names opened green Thursday, then face-planted. Again.

Wall Street was a mixed bag. The Nasdaq dropped 1.35%, the S&P slipped 0.55%, but the Dow gained 0.42% like the one friend who didn't get food poisoning at the buffet.

Blame a weaker-than-expected June jobs report, which cooled expectations of a Fed rate hike, plus chip stocks dragging tech down by the ankles.

And retail investors? The latest AAII survey shows bullish sentiment falling off a cliff while bearish views surged.

Everyone's nervous.

Meanwhile in Seoul... yikes.

Wednesday's tech sell-off went global overnight. South Korea's Kospi cratered 7.89% in a single day.

The main culprits:

Why does that nuke the whole index? Because these two now make up about half the Kospi's entire weight. Up from a quarter at the end of last year.

.

And they're spending like crazy anyway.

Earlier this week, South Korea pledged billions to supercharge its chip and AI sector. Today we got the receipts:

Oh, and SK Hynix is reportedly removing price caps from its long-term supply agreements. (More on this later in today’s newsletter)

China didn't dodge it either.

Hong Kong-listed chip stocks got smoked:

Rough day to own anything with "semiconductor" in the name.

1. Buy the Memory Dip (Carefully)
SK Hynix and Samsung just committed $154B to expand capacity while removing price caps. The business is strengthening while the stocks are crashing.

📌 Action: Scale into $HXSCL or $SSNLF in 2-3 tranches over the next few weeks rather than one lump. Let the panic finish before sizing up.

2. Ride the Pricing Power Upstream
If memory makers are scrapping price caps, memory prices are going up. That's a margin tailwind for the sellers and a cost problem for everyone buying chips.

📌 Action: Tilt toward memory-exposed ETFs like $SMH ( ▼ 4.54% ) or $SOXX ( ▼ 5.57% ) on weakness, and trim positions in hardware names that buy memory at scale (think server and device makers) if margins start getting squeezed.

3. Diversify Away From the Two-Stock Index
The Kospi is now basically a Samsung + SK Hynix ETF in a trench coat. Half the index, two companies. That's concentration risk hiding in a "diversified" wrapper.

📌 Action: If you hold Korea exposure via $EWY ( ▼ 2.89% ), check what you actually own. Consider swapping part of it for broader Asia ETFs like $AAXJ ( ▼ 1.66% ) so one bad chip day doesn't nuke your whole allocation.

Love him or hate him, Musk moves markets. His next launch hits July 22, and the smart money is already positioning. Our analyst found 3 stocks set to ride it — with entry points and a buy/sell playbook.

Show Me the 3 Stocks

Now the bit I promised earlier. The cap lift.

The chipmaker is ripping price caps out of its new long-term contracts, according to Green Economy News.

What does that mean? If spot prices moon because of a supply crunch, customers pay the full moon price. No discounts. No safety net.

And why is this a big deal?

Memory makers have always played it safe. Offer clients a price cap, lock in years of guaranteed orders, everyone sleeps at night.

SK Hynix looked at that playbook and threw it in the bin.

It's now reportedly the only major memory maker with zero price caps. That's not a company hedging. That's a company flexing.

The AI angle (of course there's an AI angle):

AI servers are eating high-performance memory like it's an all-you-can-eat buffet. HBM demand especially.

So SK Hynix and Samsung are stretching contracts from 1 year to 3 to 5 years. Customers are so nervous about supply, they're locking in for half a decade.

When your buyers are begging for multi-year deals, you don't offer discounts. You name your price.

Micron went the other way:

America's memory player kept a price cap on existing products, pegged to Q2 2026 market prices.

But it added a price floor to guarantee profits even if the market tanks. Plus wiggle room to raise prices on new products.

SK Hynix chose max upside. Micron chose a seatbelt. Both work when demand is this hot.

So the money keeps flowing.

One industry insider put it simply: as long as AI server spending keeps climbing, suppliers hold the cards. The power shift isn't about volume anymore. It's about price.

Remember when memory was a boring commodity business? Yeah, neither do they.

Short sellers have picked their targets. And Wolfspeed $WOLF ( ▼ 10.23% ) is public enemy number one.

The chip maker has a jaw-dropping 53.77% short interest. That means more than half its available shares are being bet against.

Quick refresher: short interest is the percentage of a stock's shares that traders have borrowed and sold, hoping to buy them back cheaper. High number = lots of people expecting pain.

Think of it as Wall Street's disapproval rating.

Here's the most-hated tech list with how much short interest they have (market caps above $2B):

Spot the pattern? Bitcoin miners, quantum plays, and AI hype names. The exact stocks retail loves are the ones shorts are circling like sharks.

Funny how that works.

But here's the twist. High short interest is a double-edged sword.

If these companies deliver, shorts have to buy back shares fast. That's the recipe for a short squeeze. Ask anyone who shorted GameStop $GME ( ▲ 0.8% ) how that feels.

Meanwhile, the teacher's pets of tech barely have any shorts at all:

Nobody wants to short Nvidia. Shocking, we know.

Low short interest usually means strong fundamentals, big institutional ownership, and market confidence. Basically, betting against these is like betting against gravity.

The takeaway? Short interest is a sentiment thermometer. It won't tell you what to buy, but it tells you where Wall Street thinks the bodies are buried.