Anthony Sinclair

Anthony produces news stories, features and guides for Congress.net, with a focus on history and the US political system.

Samsung (SSNLF) Suffers Worst Session In Weeks As Memory Sector Selloff Spreads Across Asia

Samsung Electronics (SSNLF) posted its worst single-day performance in three weeks, falling more than 13% in Seoul trading amid a broad unwinding of leveraged AI-related investments. The steep decline was part of a wider rout across Asian memory and semiconductor stocks, dragging down nearly every major name in the sector. SK Hynix (HXSCL), South Korea’s…

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Moderna (MRNA) Surges 177%, Bitcoin Rips 20%, And Walmart (WMT) Tumbles In A Volatile Week For Markets

A turbulent trading week ending August 21 delivered historic moves across stocks, bonds, crypto, and biotech sectors simultaneously. Treasury Secretary Scott Bessent made a rare and dramatic intervention Wednesday after the 30-year Treasury yield hit 5.27%, a 19-year high. The surge in long-end yields was driven by concerns over the $40 trillion national debt, a…

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Starlink Hits 11,000 Satellites And These Five Stocks (LHX, ASTS, RKLB, VSAT, IRDM) Are First In Line

SpaceX completed its 100th launch of 2026 on August 18, sending 24 Starlink satellites into orbit from Vandenberg SFB aboard a Falcon 9. The milestone pushed the constellation past 11,000 satellites in low Earth orbit, a figure that includes non-operational, failed, and deorbit-queued spacecraft. The Pentagon responded by cutting five separate $12 million contracts under…

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Quantum Computing Stocks Surge As Sector Rotation Lifts Infleqtion (INFQ), Rigetti (RGTI), And IonQ (IONQ)

Quantum computing pure plays are posting sharp single-session gains Friday, driven by sector rotation rather than any company-specific announcement or filing. Infleqtion (NYSE: INFQ) is leading the group higher, rising 10% to $13.82 in midday trading, continuing a shorter-term recovery in a stock still below its February listing price of $15.59. Rigetti Computing (NASDAQ: RGTI)…

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Memory Chip Stocks (SNDK, MU, WDC, STX) Lose Momentum As ‘Smart Money’ Rotates Away From AI Trade

After surging through the first half of 2026, memory and storage stocks are struggling to reclaim their highs as AI trade concerns overshadow otherwise strong fundamentals. Sandisk Corp. (SNDK), Micron Technology Inc. (MU), Western Digital Corp. (WDC), and Seagate Technology Holdings Plc (STX) remain among the top performers in the S&P 500 this year, but…

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Industrial Stocks Hit Record Valuations On AI Boom, But Pullback Risk Grows

A powerful rally in industrial stocks has defied higher oil prices, rising bond yields, and restrictive trade policies throughout 2026, fueled by investor enthusiasm over artificial intelligence spending. Shares of companies that make heavy machinery, move goods, and construct buildings and bridges rank among the best performers in the S&P 500 Index alongside energy and…

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