Core Insights - LPL Financial (LPLA) experienced a rise in total brokerage and advisory assets, reaching $1.94 trillion in July 2025, marking a 1.1% increase from the previous month and a 26.8% increase year over year [1][10]. LPLA's July Performance Breakdown - Brokerage assets totaled $862.4 billion, increasing by 0.5% from June 2025 and surging 27.1% year over year [2][10]. - Advisory assets amounted to $1.1 trillion, rising 1.5% from the previous month and 26.6% from July 2024 [2][10]. Organic Net New Assets (NNAs) - Total organic NNAs were reported at $5.4 billion, which included $1.8 billion of off-boarded assets due to a planned separation from certain offices. Excluding these off-boarded assets, organic NNAs were $7.2 billion [3][10]. Client Cash Balances - LPL Financial reported a total client cash balance of $49.5 billion in July, down 2.2% from the prior month but up 12.5% from July 2024. The breakdown included $33.7 billion in insured cash and $10.8 billion in deposit cash [4][10]. Strategic Outlook - The company’s acquisition of Commonwealth Financial Network, Investment Center, and Atria Wealth, along with strong advisor productivity and recruitment efforts, is expected to bolster advisory revenues. The company is anticipated to continue expanding inorganically to diversify operations [5]. - However, there are concerns regarding the performance of capital markets and the substantial goodwill on the balance sheet [5]. Stock Performance - Over the past year, LPLA shares have increased by 61.4%, outperforming the industry growth of 39% [6].

Core Insights - LPL Financial has welcomed Zarra Wealth Management, which manages approximately $270 million in advisory, brokerage, and retirement plan assets, to its platform from Ameriprise [1][2]. Company Overview - LPL Financial Holdings Inc. is one of the fastest-growing wealth management firms in the U.S., supporting over 29,000 financial advisors and approximately 1,100 financial institutions, with around $1.9 trillion in brokerage and advisory assets [6]. Team Background - The Zarra Wealth Management team, based in Westbury, NY, consists of Christopher Zarra, James Kelly, and Michele Welch, who collectively have 48 years of experience in the financial industry, focusing on families and retirees [2]. Client Service Philosophy - The team emphasizes high-touch, personalized service, treating clients like family and prioritizing their best interests [3][4]. Reasons for Transition - Zarra Wealth Management sought greater autonomy and independence from the franchise model, choosing LPL for its lack of proprietary investment products and the flexibility to customize client strategies [4][3]. Support and Resources - LPL Financial provides a broad range of products, tools, technology, and support to help advisors elevate their practices and better serve their clients [4].

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 6‑K REPORT OF FOREIGN PRIVATE ISSUER PURSUANT TO RULE 13a‑16 OR 15d‑16 UNDER THE SECURITIES EXCHANGE ACT OF 1934 For the month of August 2025 LG Display Co., Ltd. (Translation of Registrant's name into English) LG Twin Towers, 128 Yeoui‑daero, Yeongdeungpo‑gu, Seoul 07336, Republic of Korea (Address of principal executive offices) Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20 ...

Core Insights - LG Display is showcasing its innovative display technologies at K-Display 2025 in Seoul, emphasizing its leadership in OLED technology under the theme "Shaping the Future" [1] - The exhibition features a variety of products, including large, medium, and small-sized panels, as well as automotive displays [1] OLED Innovations - The OLED Heritage exhibition highlights LG Display's journey in OLED technology, starting from the 15-inch OLED panel prototype in 2009 to the latest fourth-generation OLED advancements [2][3] - The newly unveiled 83-inch OLED panel utilizes fourth-generation technology, achieving a maximum brightness of 4,000 nits through Primary RGB Tandem technology [4] - A comparison of picture quality between previous generations and fourth-generation OLED panels is demonstrated, showcasing superior three-dimensionality and color reproduction [5] High-Performance Displays - LG Display introduces the world's fastest OLED monitor panel, a 540Hz 27-inch OLED panel that can reach up to 720Hz refresh rate, with 99.5% DCI-P3 color reproduction and a maximum brightness of 1,500 nits [6] - The 45-inch 5K2K OLED panel is highlighted as having the highest resolution among existing OLED monitor panels, enhancing the gaming experience [7] Automotive Display Technologies - The exhibition includes a 57-inch Pillar-to-Pillar LCD, the largest automotive display available, and a 32.6-inch Slidable OLED that unfolds when needed [8] - A 47.8-inch LTPS LCD with Switchable Privacy Mode technology is showcased, allowing for privacy adjustments in vehicles [9] - The world's first jog dial for vehicles, utilizing a Stretchable display that can stretch up to 53%, is also introduced [9] Future Technologies - A 14-inch Tandem ATO display featuring LG Display's Tandem structure is presented, offering high brightness with low power consumption [10] - The company emphasizes its commitment to sustainable technological competitiveness and R&D capabilities for future technologies [12]

Core Insights - LPL Financial (LPLA) reported better-than-expected second-quarter results, with adjusted earnings of $4.51 per share, exceeding the Zacks Consensus Estimate of $4.21 and reflecting a 16% year-over-year growth [1][8] - Total net revenues reached $3.84 billion, a 31% increase year over year, surpassing the Zacks Consensus Estimate of $3.77 billion [3][8] - Total expenses rose 33% to $3.47 billion, driven by increases across all cost components except other expenses [3] Financial Performance - Net income was reported at $273.2 million or $3.40 per share, up from $243.8 million or $3.23 per share in the prior-year quarter, exceeding the estimate of $254.6 million [2] - Total brokerage and advisory assets as of June 30, 2025, were $1,919.2 billion, a 28% increase, with total net new assets of $20.5 billion [4] - Client cash balances increased by 15% year over year to $50.6 billion [4] Balance Sheet Strength - Total assets as of June 30, 2025, were $17.47 billion, a 25% sequential increase, with cash and cash equivalents rising to $4.19 billion from $1.23 billion in the last quarter [5] - Total stockholders' equity reached $5.07 billion, up 62% sequentially [5] Strategic Outlook - The company's recruiting efforts and strong advisor productivity are expected to continue supporting advisory revenues [6] - Strategic acquisitions and a robust balance sheet are anticipated to bolster financial performance, although rising expenses and capital market uncertainties may negatively impact commission revenues [6] Peer Comparisons - Interactive Brokers (IBKR) reported adjusted earnings per share of $1.51, surpassing estimates and reflecting a 15.9% year-over-year growth, driven by increased trading volume and customer accounts [7] - Charles Schwab (SCHW) posted adjusted earnings of $1.14 per share, exceeding estimates and surging 56% year over year, supported by strong asset management performance and higher net interest revenues [9]

Core Insights - The article emphasizes the importance of value investing as a successful strategy across various market conditions, focusing on identifying undervalued companies through fundamental analysis [2][4]. Company Analysis - LG Display Co. (LPL) currently holds a Zacks Rank of 2 (Buy) and a Value grade of A, indicating strong potential for value investors [4]. - LPL has a Forward P/E ratio of 13.06, significantly lower than the industry average of 18.25, suggesting it may be undervalued [4]. - Over the past year, LPL's Forward P/E has fluctuated between a high of 27.19 and a low of -27.00, with a median of 8.33, indicating volatility in its valuation [4]. - The company has a PEG ratio of 0.49, which is lower than the industry average of 0.79, further supporting the notion of undervaluation [5]. - LPL's PEG ratio has ranged from a high of 1.01 to a low of -0.48 over the past year, with a median of 0.66, reflecting its earnings growth expectations [5]. - The combination of LPL's favorable valuation metrics and strong earnings outlook positions it as an impressive value stock at present [6].

Core Insights - The article compares LG Display (LPL) and Logitech (LOGI) to determine which stock offers better value for investors [1] - A strong Zacks Rank combined with a good Value grade is highlighted as an effective method for identifying value opportunities [2] Valuation Metrics - LG Display has a Zacks Rank of 2 (Buy), while Logitech has a Zacks Rank of 3 (Hold), indicating a more favorable earnings outlook for LPL [3] - LPL's forward P/E ratio is 6.23, significantly lower than LOGI's forward P/E of 21.54, suggesting LPL is undervalued [5] - LPL has a PEG ratio of 0.23 compared to LOGI's PEG ratio of 18.26, indicating LPL's earnings growth is expected to be more favorable relative to its price [5] - LPL's P/B ratio is 0.7, while LOGI's P/B ratio is 7.19, further supporting the notion that LPL is undervalued [6] - Based on these metrics, LPL holds a Value grade of A, whereas LOGI has a Value grade of D, making LPL the more attractive option for value investors [6]

Core Viewpoint - Momentum investing focuses on "buying high and selling higher" rather than traditional strategies of "buying low and selling high" [1] Group 1: Momentum Investing Strategy - Momentum investors often face challenges in determining the right entry point, as stocks may lose momentum when their valuations exceed future growth potential [2] - Investing in bargain stocks that exhibit recent price momentum can be a safer strategy, utilizing tools like the Zacks Momentum Style Score to identify potential opportunities [3] Group 2: LG Display (LPL) Analysis - LG Display (LPL) has shown a four-week price change of 10.1%, indicating strong investor interest [4] - Over the past 12 weeks, LPL's stock has gained 26.8%, with a beta of 1.44, suggesting it moves 44% more than the market [5] - LPL has a Momentum Score of A, indicating a favorable time to invest based on momentum [6] Group 3: Earnings Estimates and Valuation - LPL has received upward revisions in earnings estimates, earning a Zacks Rank 2 (Buy), which is associated with strong momentum effects [7] - The stock is currently trading at a Price-to-Sales ratio of 0.19, suggesting it is undervalued, as investors pay only 19 cents for each dollar of sales [7] Group 4: Additional Investment Opportunities - Besides LPL, there are other stocks that meet the criteria of the 'Fast-Paced Momentum at a Bargain' screen, presenting further investment opportunities [8] - The Zacks Premium Screens offer over 45 different strategies tailored to help investors find winning stock picks [9]

Group 1 - The article focuses on value investing opportunities in Asia, particularly in Hong Kong, targeting stocks with significant discrepancies between market price and intrinsic value [1] - The investment strategy emphasizes deep value balance sheet bargains, such as net cash stocks and low price-to-book (P/B) stocks, as well as wide moat stocks that represent high-quality businesses [1] - The author provides a range of watch lists with monthly updates to assist investors in identifying potential investment opportunities [1]

Financial Data and Key Indicators Changes - In Q2 2025, sales declined by 8% quarter-over-quarter (QoQ) to KRW 87 trillion, representing a 17% year-over-year (YoY) decline due to the seasonal off-peak period for smartphones and the termination of the LCD TV business [3][4] - Operating profit posted a loss of KRW 116 billion, influenced by the stronger Korean won and the end of the LCD TV business [3] - Cumulative sales for the first half of the year amounted to KRW 11.652 trillion, with an operating loss of KRW 82.6 billion, although operating loss improved by KRW 480.5 billion YoY [4] - Net income turned positive at KRW 89.8 billion, driven by improved foreign exchange gains and non-operating income [4] - EBITDA for Q2 stood at KRW 1.054 trillion, maintaining an EBITDA margin of approximately 19% for the seventh consecutive quarter [4] Business Line Data and Key Indicators Changes - Q2 shipment area decreased by 26% QoQ due to the termination of the LCD TV business, aligning with guidance of a mid-twenty percent decrease [5] - Average Selling Price (ASP) per square meter increased by 32% QoQ to $10.56, attributed to the exit from the LCD TV business [5] - TV revenue accounted for 20% of total sales, down two percentage points QoQ, while mobile and others declined to 28% due to weak panel shipments [6] - The automotive segment grew to 10% of total revenue, with the OLED portion increasing to 56% [7] Market Data and Key Indicators Changes - The smartphone business showed a meaningful shipment growth of over 20% YoY, with expectations to outperform last year's full-year performance [26] - The medium panel IT OLED segment is expected to address new high-end market demand, while the demand for medium-sized panel products is projected to grow slightly [30] - Large OLED panel shipments are expected to reach the mid-six million range, an increase over the previous year, with continuous growth in both panel shipments and set sales [34] Company Strategy and Development Direction - The company is committed to restructuring around OLED technology, focusing on technological differentiation, product quality enhancement, and cost innovation [10][11] - Investment in new OLED technology is planned, with a total investment amount of KRW 1.26 trillion over the next two years [19] - The company aims to solidify its leadership in the premium market with a diverse OLED panel lineup and improve profitability through cost improvements [13] Management's Comments on Operating Environment and Future Outlook - Management acknowledged ongoing macroeconomic uncertainties but expressed confidence in performance improvement in the second half of the year [11][22] - The company expects a steep rebound in performance driven by expansion across both large and small OLED panel businesses [11] - Management emphasized the importance of establishing a cost structure that ensures stable profitability despite external changes [35] Other Important Information - Cash and cash equivalents at the end of Q2 amounted to KRW 1.666 trillion, with a debt ratio of 268% and net debt to equity ratio at 155%, both showing significant decreases [7][8] - CapEx for the year is expected to be in the low KRW 2 trillion range, similar to last year, with a focus on investment efficiency [15] Q&A Session Summary Question: OLED technology investment and future performance - The company is shifting focus from LCD to OLED, with a KRW 1.26 trillion investment planned for new OLED technology over two years [19][20] - Performance improvement is expected to continue, with a commitment to turning a profit for the full year of 2025 [22][23] Question: Smartphone business outlook and tablet OLED panel shipments - The smartphone business is expected to grow, with a meaningful shipment increase planned for the second half [26] - Tablet OLED shipments are anticipated to increase YoY, despite a sluggish global IT market [27][28] Question: Medium panel LCD business strategy and profitability - Demand for medium-sized panels is expected to grow slightly, with a focus on B2B and high-end areas to improve profitability [30][31] Question: Large OLED panel sales outlook and monitor opportunities - Large OLED panel shipments are on track to meet original plans, with expected growth in both panel shipments and set sales [34][35]