"Did You Come from the Future?"... Nvidia CEO Sells 440 Billion Won Before Crash [3-Minute Brief]

[At a Glance]
① Samsung HBM3E Rumored to Pass Nvidia
② Trump "Action on Auto Industry Within 2 Weeks of Inauguration"
③ Coupang Quarterly Sales Surpass 10 Trillion Won for the First Time

MARKET INDEX

- US New York Stock Exchange's three major indices fell after one day
- Persistent uncertainty seems to weigh on investor sentiment
- Pressure from failed US 10-year Treasury bond auction

TOP 3 NEWS

■ 'Top Priority' HBM3E 8-Stack Passes NVIDIA Quality Verification... Samsung Says "In Progress"

- Signs of imminent delivery detected
- "8-stack supply in Q3" declared
- Opportunity for SK to catch up in HBM

■ Trump: "Measures for Auto Industry Within 2 Weeks of Inauguration... High Tariffs on China and Mexico"

- Measures to revive domestic auto industry
- "Auto jobs to be secured through tariffs"
- Indicates easing restrictions on oil and gas development

■ 'Successful People Succeed Whatever They Do'... Jensen Huang Sold $440 Million in Stocks Before NVIDIA Plunge

- Sold $322.7 million in July alone
- Total $500 million sold including June
- Pre-sale contract signed, "Luck is also a factor"

the Chart : Coupang Surpasses '10 Trillion Won' Quarterly Sales for the First Time

- Coupang's quarterly sales exceed 10 trillion won
- 23% growth compared to the same period last year

- Operating loss of 34.2 billion won... turned to deficit

Money-Making Law

■ Law Firms Strengthen Legislative Response as 'There is a Way in the National Assembly'

- Strengthening related work as National Assembly's legislative power grows
- Establishing legislative response strategies, creating and expanding new departments
- Expanding 'risk management' organizations as well
☞Read article: https://www.asiae.co.kr/article/lawtimes/2024080714110821739

■ 'Player Helping Player' Lawyer Agents

- 30% of KBO agents are 'legal experts'
- Comprehensive management of salary negotiations, contracts, and risk resolution
- Expanding to specialized fields such as e-sports and arts
☞Read article: https://www.asiae.co.kr/article/lawtimes/2024080714122926005

■ "Representing Son Ah-seop and Jeon Jun-woo in FA Negotiations, Great Satisfaction in Adjusting Star Players' Salaries"

- Kang Woo-jun, partner lawyer at Law Firm Gaon
- Comprehensive management of baseball players and pro gamers
- "Litigation experience was useful in establishing position"
☞Read article: https://www.asiae.co.kr/article/lawtimes/2024080714135940328

※ 'Money-Making Law', a content partnership corner between Asia Economy and Law Times, is published every Tuesday and Thursday.

Terms in the News: Commuted by 'Raft'... K-Office Workers' 'Presenteeism'

- A new term referring to 'commuting addiction'
- Korean presenteeism is unusually high
- About 4 times higher than the European average

Today's Key Schedule

○ Domestic

- August 8: KOSPI Jeonjin Construction Robot subscription, expected offering price 13,800~15,700 won
- August 8: KOSDAQ K3I subscription, expected offering price 12,500~15,500 won
- August 8: KOSDAQ Next Biomedical subscription, offering price 29,000 won

- Seoul Grants River Park

○ Overseas
- 08:50 Japan June seasonally adjusted current account balance
- 12:00 China July trade balance
- 21:30 US initial jobless claims
- 21:30 Canada June trade balance

◇ Lunch & Commute Weather

○ Lowest temperature 26℃(▼1℃) ｜ Highest temperature: 33℃(0℃)
○ Precipitation probability morning 60%｜afternoon 60%
○ Fine dust morning good｜afternoon good

OK in 3 minutes, essential time-efficient economic news. Published daily at 8 AM.