[Before Market Open] New York Stock Market Falls on Trump's Iran Attack Warning / May CPI Meets Expectations, SpaceX's Bad News Becomes Reality 'Massive Sell-off in Semiconductor Stocks'

[June 11 #BeforeMarketOpen] New York Stock Market Falls on Trump's Iran Attack Warning / May CPI Meets Expectations, SpaceX's Bad News Becomes Reality 'Massive Sell-off in Semiconductor Stocks

Watch on YouTube ↗ | June 11, 2026 at 00:20 | 2:37:40 | 815 Money Talk (815머니톡)

Speakers

Morning Brief Speaker — Host, Morning Brief

Ha Chang-bong — CEO

Lee Ju-hyeon — Director, Xangle

Kim Hyeong-cheol — CEO, Kim Hyung-chul Research Institute

Lee Kwon-hee — CEO, Economist

Summary

The video discusses the recent volatility in global markets driven by geopolitical tensions between the US and Iran, despite favorable US CPI data. Analysts highlight the divergence in the tech sector, with concerns over massive capex plans by companies like Oracle and SMCI, while Apple remains resilient. In the Korean market, experts recommend using the dip to accumulate undervalued semiconductor giants like Samsung Electronics and SK hynix, while also noting opportunities in defense, shipbuilding, and offshore wind sectors.

US markets experienced volatility due to Trump's warnings of attacks on Iran, overshadowing positive CPI data.
SpaceX's upcoming IPO is expected to act as a liquidity drain, negatively impacting existing US big tech stocks.
Companies like Oracle and SMCI faced stock drops due to concerns over massive capital expenditures and funding costs.
Korean semiconductor leaders Samsung Electronics and SK hynix are considered highly undervalued compared to global peers.
The defense and shipbuilding sectors are gaining momentum due to global geopolitical conflicts and warship replacement cycles.
SK hynix is reportedly considering price increases for its equipment suppliers, signaling strong long-term demand.
Experts advise caution with highly valued power equipment stocks like HD Hyundai Electric.

Ideas

Morning Brief Speaker Host, Morning Brief 6:06

Geography and government policies favor offshore wind.

Korea's geographical constraints make offshore wind power much more viable than solar energy. The government is strongly driving investments in this sector, which will benefit domestic offshore wind structure and tower manufacturers.

Morning Brief Speaker Host, Morning Brief 11:01

Strong earnings make retail a safe haven.

Department stores and retail stocks are posting strong earnings. They are acting as a safe haven and attracting liquidity when the semiconductor sector experiences volatility and takes a breather.

Morning Brief Speaker Host, Morning Brief 12:42

Strong backlogs and high-margin special contracts.

Shipbuilders have accumulated strong order backlogs and are securing high-margin special vessel contracts, such as submarines, Aegis destroyers, and FLNGs, providing sufficient momentum despite their heavy market capitalization.

Morning Brief Speaker Host, Morning Brief 13:36

Lagging stock prices despite good earnings recovery.

Foreigner-only casinos are showing good earnings recovery, but their stock prices have lagged significantly, making them attractive value plays in the current market.

Ha Chang-bong CEO 27:39

SpaceX IPO will drain big tech liquidity.

The upcoming SpaceX IPO is expected to act as a massive liquidity black hole, draining funds from existing Nasdaq 100 big tech stocks and causing near-term weakness in the sector.

Ha Chang-bong CEO 27:39

SpaceX IPO will drain big tech liquidity.

Apple is outperforming other big tech stocks because it avoided massive, cash-burning AI infrastructure investments, and the market realizes that AI features will ultimately need to be deployed on Apple's consumer devices.

Ha Chang-bong CEO 36:29

High capex plans raise funding cost concerns.

Companies like Oracle and SMCI are announcing massive capital expenditure and funding plans. In a high-interest-rate environment, the market views these funding costs as a significant burden, leading to sharp stock corrections despite good earnings.

Lee Ju-hyeon Director, Xangle 62:01

Depleted US stockpiles drive defense sector demand.

The ongoing US-Iran conflict is rapidly depleting US missile and interceptor stockpiles. Trump's demand for increased weapons production will drive structural demand for defense contractors.

Lee Ju-hyeon Director, Xangle 64:55

Global warship projects create strong shipbuilding momentum.

Upcoming decisions on the Canadian warship project and operational issues with UK warships are creating strong, long-term momentum for Korean shipbuilders capable of fulfilling these defense needs.

Lee Ju-hyeon Director, Xangle 68:22

Equipment price hikes indicate strong long-term demand.

SK hynix is considering a rare 3-4% price increase for its equipment suppliers. This unprecedented move indicates extremely strong long-term demand visibility and will improve margins for these suppliers.

Lee Ju-hyeon Director, Xangle 74:50

Boston Dynamics funding will boost Hyundai Motor.

Global big tech companies are heavily investing in humanoid robots. Boston Dynamics is likely to attract significant funding from these tech giants, which will ultimately boost Hyundai Motor's valuation.

Kim Hyeong-cheol CEO, Kim Hyung-chul Research Institute 82:24

Extremely cheap valuations compared to global peers.

Samsung Electronics and SK hynix are trading at extremely cheap valuations (around 6x P/E) compared to global peers like Micron and Western Digital, making them the safest and most attractive assets to accumulate during market dips.

Kim Hyeong-cheol CEO, Kim Hyung-chul Research Institute 85:26

Valuations are too expensive versus global peers.

Power equipment stocks like HD Hyundai Electric have seen their P/E multiples stretch too far (up to 88x, currently 55x), making them significantly overvalued compared to global peers like Eaton, warranting caution for new entries.

Kim Hyeong-cheol CEO, Kim Hyung-chul Research Institute 89:02

High AI costs without immediate monetization prospects.

Naver is struggling because the market views it primarily as a buyer of expensive AI chips, which increases costs without providing a clear, immediate path to monetization.

Lee Kwon-hee CEO, Economist 146:01

Rights issue uncertainty is now priced in.

The uncertainty surrounding Hanwha Solutions' 1.7 trillion KRW rights issue has finally been resolved and priced into the stock, allowing investors to refocus on the company's core business fundamentals.

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This 815 Money Talk (815머니톡) video, published June 11, 2026, features Morning Brief Speaker, Ha Chang-bong, Lee Ju-hyeon, Kim Hyeong-cheol, Lee Kwon-hee discussing 328160.KS, 100090.KS, 112610.KS, 100130.KS, 023530.KS, 004170.KS, 006370.KS, 042660.KS, 329180.KS, 034230.KQ, 032350.KS, 114090.KS, QQQ, META, MSFT, AAPL, ORCL, SMCI, 079550.KS, 047810.KS, 064350.KS, 012450.KS, 010140.KS, 036930.KQ, 003160.KS, 095610.KQ, 042700.KS, 005380.KS, 000660.KS, 005930.KS, 267260.KS, 035420.KS, 009830.KS. 15 trade ideas extracted by AI with direction and confidence scoring.

Speakers: Morning Brief Speaker, Ha Chang-bong, Lee Ju-hyeon, Kim Hyeong-cheol, Lee Kwon-hee · Tickers: 328160.KS, 100090.KS, 112610.KS, 100130.KS, 023530.KS, 004170.KS, 006370.KS, 042660.KS, 329180.KS, 034230.KQ, 032350.KS, 114090.KS, QQQ, META, MSFT, AAPL, ORCL, SMCI, 079550.KS, 047810.KS, 064350.KS, 012450.KS, 010140.KS, 036930.KQ, 003160.KS, 095610.KQ, 042700.KS, 005380.KS, 000660.KS, 005930.KS, 267260.KS, 035420.KS, 009830.KS