
← Hunchline: The Morning Line2 jul · 28 min
Thursday, July 2nd 2026 — KORU Dips | Rosalia
Show Notes — 2026-07-02
The semiconductor sector got obliterated overnight — the South Korea bull ETF down nearly twenty-nine percent and the semiconductor bull ETF down over twenty-three — while the USA advanced at the World Cup with a two-nil win over Bosnia, Google finally lost its eight-year EU antitrust fight, and the Vatican formally excommunicated a splinter Catholic group. Oh, and the Traders scandal breaks today: someone cheated, portfolios reset, a Beverly Hills lawyer is involved.
**In This Episode**
- **Semiconductor Rout** — South Korea bull ETF down nearly 29%, semiconductor bull ETF down 23%+, chip names across the board getting crushed in pre-market
- **USA vs Bosnia — World Cup** — USA beats Bosnia & Herzegovina 2-0, advancing in the tournament
- **Spain vs Austria** — Today's marquee World Cup matchup, Spain heavily favored at -315
- **Google EU Antitrust Fine** — European Court of Justice upholds the record $4.7 billion fine from 2018 in full
- **Vatican Schism** — Vatican excommunicates four SSPX bishops, declares their sacraments invalid
- **Paris AC Blame** — Paris deputy mayor blames US air conditioning for French heat wave
- **SK Hynix $64B Investment** — Announced massive flash memory plant spending even as shares tumble
- **The Traders Reset** — Cheating scandal revealed, all portfolios reset to $100, sealed arbitration with Beverly Hills lawyer
- **Nord Stream Update** — Conspiracy Corner revisits the still-unsolved Baltic pipeline sabotage