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Findings by Korean scientists pointed at LK-99 as the real deal and superconductor, but a US based institution has refuted their finds claiming the material is of low quality.

If confirmed, such a discovery could revolutionize the energy sector, address climate change and significantly reduce energy waste and costs.

(Bloomberg) -- Recent excitement around all things superconductor has sent shares of companies deemed related to the technology on a rollercoaster ride. If history is any guide, this is a stock wager fraught with danger.Most Read from BloombergAmerica’s Fastest Growing City Is Embracing ‘Yellowstone’ ManiaOutsider Milei Upends Argentina’s Election With Primary WinGoldman Pencils In First Fed Rate Cut for Second Quarter of 2024The Fed Is Playing a Waiting Game to Try to Avoid a RecessionUS Steel

ZeroHedge - On a long enough timeline, the survival rate for everyone drops to zero

(Bloomberg) -- Stocks that soared recently in South Korea on researchers’ claim of a breakthrough in superconductor technology tanked Friday as experts sought proof while the local exchange escalated its warning on the trading frenzy.Most Read from BloombergTrump Cites Self Incrimination Concern in Lawsuit Against CohenQQQ Churns in Late Hours on Apple, Amazon Earnings: Markets WrapElon Musk Says Treasury Bills Are ‘No-Brainer’China Official’s Call to Save Xi’s City Angers Flood VictimsThe Stran