Negotiations have broken down again, and Samsung Electronics will proceed with the planned strike starting tomorrow.
May 20 – South Korea’s Samsung Electronics announced Wednesday that wage negotiation talks have once again collapsed, meaning the planned strike will go ahead as scheduled starting tomorrow, Thursday. Per Yonhap News Agency and a union statement, the Samsung Electronics South Korea union has confirmed the strike will take place on Thursday as planned after official mediation discussions between the union and management came to an end.
The union said negotiations broke down because of management’s delay in making a decision, noting in a statement that it had accepted the mediator’s proposal – which management did not respond to promptly. Both the union and management have separately acknowledged that talks are over. Even as the strike unfolds, both sides say they will continue efforts to resolve the issues through negotiations.
Analyst Eamonn Sheridan pointed out that the market will closely watch which Samsung factories and production lines are affected and how long the strike is exp
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Goldman Sachs to Serve as Lead Underwriter for SpaceX IPO
May 20 – Per The Information, Goldman Sachs has been tapped to serve as lead underwriter for SpaceX’s upcoming IPO, overseeing the full listing process—including pricing, roadshows, and stock allocation.
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25-Year-Old AI Stock Prodigy Q1 Adds New Position: Stock Slightly Up in After-Hours Trading
May 20th — According to Bitget market data, Situational Awareness LP, the portfolio of 25-year-old Wall Street AI stock market standout Leopold Aschenbrenner, made its first net acquisition of holdings in Q1 2026, sparking minor after-hours gains for two stocks. T1 Energy (TE) rose 0.96% to $6.946; HIVE Digital (HIVE) climbed 0.6% to $3.37. Both companies are currently operating at a loss, as reflected by their price-earnings (P/E) ratios—a metric calculated by dividing a company’s market capitalization by the sum of its net profit over the most recent four quarters.
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Trump's Digital Asset Advisor: U.S. Bitcoin Strategic Reserve Announcement Expected in the Coming Weeks
**May 20th News Brief: Trump’s Digital Asset Advisor Teases Upcoming Bitcoin Strategic Reserve Announcement**
Patrick Witt, digital asset advisor to the Trump administration, appeared on the popular podcast *The Wolf Of All Streets* to share updates on the initiative, noting his team has cleared major legal hurdles and plans to roll out a formal announcement on a U.S. Bitcoin strategic reserve in the coming weeks.
Witt clarified that all core frameworks for the plan are already finalized, with full legal compliance and robust protection measures in place for the Bitcoin holdings. He also addressed the political uncertainty surrounding such a move, stating, “How reversible is an executive order if there’s a change in power? It’s very easily reversible.”
He added that the U.S. government views Bitcoin as a critical component of the country’s financial infrastructure, anchored by its most powerful institutional authority. “We have a truly one-of-a-kind leading opportunity here,” W
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In the past two months, 60 ETH "Whale" addresses have exited, indicating a lack of mid-term confidence in the market.
May 20th — Crypto analytics firm Alicharts reports that roughly 60 whale addresses holding 10,000 or more Ethereum (ETH) have fully unloaded their holdings over the past two months.
Institutional moves like this, where entities managing million-dollar positions exit the market rapidly, typically signal widespread profit-taking and asset reallocation, per Alicharts. By leveraging recent market liquidity to cut risk exposure, these large players are sending a clear signal of diminished confidence in Ethereum’s mid-term outlook.
This bearish shift is further validated by the fact that the drop in whale count aligns directly with a recent surge in fund inflows into crypto exchanges. As a result, Ethereum’s short-term trajectory appears tilted toward a downward path of least resistance — traders will want to keep a close eye on the critical $2,000 support level for ETH.
5 minutes ago
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