SK Telecom press release ( SKM ): consolidated revenue of KRW 4.3923 trillion, up 1.4% Y/Y. Revenue increased 1.5% Q/Q, driven by a recovery in the wireless business and growth in the AI Data Center (AI DC) business. Operating profit of KRW 537.6 billion. Net profit came in at KRW 316.4 billion. AI data center revenue surged 89.3% year over year to 131.4 billion won, helped by higher utilization r...
SK Telecom press release ( SKM ): consolidated revenue of KRW 4.3923 trillion, up 1.4% Y/Y. Revenue increased 1.5% Q/Q, driven by a recovery in the wireless business and growth in the AI Data Center (AI DC) business. Operating profit of KRW 537.6 billion. Net profit came in at KRW 316.4 billion. AI data center revenue surged 89.3% year over year to 131.4 billion won, helped by higher utilization rates and increased GPU-as-a-Service demand. SK Telecom added around 210,000 mobile subscribers in the quarter, while maintaining its leadership position in South Korea’s telecom market. The company also resumed quarterly dividends, declaring a payout of 830 won per share for the first quarter More on SK Telecom SK Telecom Co., Ltd. 2026 Q1 - Results - Earnings Call Presentation SK Telecom: Bullish On Potential Dividend Resumption, Monetization (Upgrade) SK Telecom, Supermicro, and Schneider Electric form alliance to accelerate global AIDC rollout Nvidia, telecom firms vow to build 6G on open, AI-native platforms Seeking Alpha’s Quant Rating on SK Telecom
A French containership has emerged in the Arabian Sea after last being seen in the Persian Gulf, indicating a rare crossing of the Strait of Hormuz by a Western European vessel. The CMA CGM Saigon , a small container ship owned by French shipping line CMA CGM SA , was observed on Tuesday afternoon in the gulf off Ras Al Khaimah in the United Arab Emirates, according to ship-tracking data. It then ...
A French containership has emerged in the Arabian Sea after last being seen in the Persian Gulf, indicating a rare crossing of the Strait of Hormuz by a Western European vessel. The CMA CGM Saigon , a small container ship owned by French shipping line CMA CGM SA , was observed on Tuesday afternoon in the gulf off Ras Al Khaimah in the United Arab Emirates, according to ship-tracking data. It then reappeared off the coast of Oman late Wednesday, signaling Colombo in Sri Lanka as its destination. The gap in its signals suggests that the ship went through the strait undetected by turning off its transponders, or ‘going dark’. Tracking ships entering and exiting Hormuz is not an exact science and has been complicated by intense signal jamming in the area. CMA CGM did not immediately respond to an emailed request for comment. The CMA CGM Saigon’s voyage would make it one of the few ships linked to Western Europe to have made it through the strait unharmed since the war between Iran and the US started. In early April, CMA CGM managed to extract one of its large containerships, making it the first such vessel from the region to do so. Read more: French and Japanese-Owned Ships Make First Hormuz Crossings In recent days, Iran said it was exerting more control over Hormuz traffic by delineating new boundaries of control that put two major UAE ports on the Gulf of Oman in its target area. On Tuesday, CMA CGM San Antonio, also owned by the same company, was attacked while transiting the strait. The incident resulted in injuries among crew members and damage to the vessel. The CMA CGM Saigon can hold as many as 1,700 twenty-foot equivalent units of containers.
A Taiwanese company with mainland subsidiaries has fired the nephew of Taiwan’s interior minister, whom Beijing deems responsible for Taipei’s hostile policies towards the mainland. The mainland subsidiary of Taiwan’s Long Time Technology Co. Ltd in Shanggao county, Jiangxi province, issued a statement on Wednesday night saying Yen Wen-chun, the nephew of Taiwan’s interior minister Liu Shyh-fang, ...
A Taiwanese company with mainland subsidiaries has fired the nephew of Taiwan’s interior minister, whom Beijing deems responsible for Taipei’s hostile policies towards the mainland. The mainland subsidiary of Taiwan’s Long Time Technology Co. Ltd in Shanggao county, Jiangxi province, issued a statement on Wednesday night saying Yen Wen-chun, the nephew of Taiwan’s interior minister Liu Shyh-fang, was dismissed from all positions he held at Long Time Technology and its mainland subsidiaries from...
e-crow/iStock via Getty Images By Kelvin Wong Gold ( XAUUSD:CUR ) has staged a significant intraday rally of 3% on Wednesday, May 6, 2026, on the backdrop of easing US-Iran geopolitical tensions, as positive news flows suggest a potential imminent peace deal resolution to end the two-month-long conflict. An end to the US-Iran war would likely reduce stagflation risks as lower oil prices ease infla...
e-crow/iStock via Getty Images By Kelvin Wong Gold ( XAUUSD:CUR ) has staged a significant intraday rally of 3% on Wednesday, May 6, 2026, on the backdrop of easing US-Iran geopolitical tensions, as positive news flows suggest a potential imminent peace deal resolution to end the two-month-long conflict. An end to the US-Iran war would likely reduce stagflation risks as lower oil prices ease inflationary pressures, potentially giving the US Federal Reserve greater scope to consider resuming interest rate cuts. A shift in Fed guidance from a “wait-and-see” stance toward a more dovish tone could weaken the US dollar, which in turn may provide further support for gold prices. So far, considering the pre-war baseline of February 27, 2026 to Wednesday, May 6, 2026, spot gold (LMBA) is still one of the underperformers among major cross-assets with a loss of 9.9% (see Fig. 1). Fig. 1: Gold (XAU/USD) with major cross-assets performances from Feb 27, 2026 to May 6, 2026 (Source: MacroMicro) Secondly, technical factors and intermarket analysis advocate that the trend of gold has not transitioned into a medium-term uptrend phase despite yesterday’s 3% rally. Let’s unpack these key technical and intermarket charts now. The 10-year US Treasury real yield remains supported at 1.85% Fig. 2: Correlation of 10-year US Treasury real yield with gold (XAU/USD) as of May 7, 2026 (Source: TradingView) Gold has a significant indirect correlation with the longer-term US Treasury yields, as the precious yellow metal is a non-interest income-bearing asset. Hence, if the 10-year US Treasury real yield remains supported and stages an up-move, gold in turn is likely to face downside pressure as opportunity costs rise for owning precious metals. Since the start of this week, May 4, 2026, the 10-year US Treasury real yield has traded sideways above its key moving averages (20-day, 50-day, and 200-day) while holding above a key intermediate support of 1.85%. Thus, a minor push-up on the 10-year US...