Finance·5,893 stories
Finance News — Page 101
Meet SK Hynix, the trillion-dollar South Korean chipmaker debuting on U.S. markets
SK Hynix, the South Korean maker of high-bandwidth memory that powers Nvidia's AI chips, begins trading on the Nasdaq on Friday at a roughly $1 trillion valuation, raising about $29 billion through AD
Chip Rally Lifts Stocks; Oil Falls, Iran Risks Downplayed
US equities rose as a chip-stock rally and AI optimism outweighed renewed Iran tensions, with oil prices falling as traders largely dismissed war risks.
Bitcoin Miners' AI Pivot Faces Insider Sale Scrutiny
Investors are questioning whether Bitcoin miners and their insiders cashed in on the AI pivot before the sector cooled, with the TEM AI Infrastructure Growth Index down 16% over the past month.
SK Hynix $28B US IPO Draws 7x Demand
SK Hynix is set to price its record $28 billion US listing on the Nasdaq on Friday, with demand running seven times the available shares as the memory chip leader seeks to capitalize on surging AI-dri
SpaceX Targets Span $75 Bear to $900 Bull Case
Analyst price targets for SpaceX span from $75 to $900 per share, hinging almost entirely on whether Starship achieves full reusability at scale, with Citi's $900 bull case valuing the company at roug
PepsiCo Shares Drop 4% as US Snack Sales Stall
PepsiCo shares fell 4% after the snack and soda giant warned that elevated fuel prices tied to the US-Iran conflict will intensify inflationary pressures on US consumers, while flat North American sna
B3 launches bitcoin, ether, solana options
Brazil's B3 stock exchange launched options on bitcoin, ether, and solana futures on July 6, settling into underlying futures contracts rather than spot tokens and giving local traders a regulated ven
Crypto remains resilient in face of renewed Middle East tensions
Crypto markets shrugged off U.S. airstrikes on 90 Iranian targets, with bitcoin climbing 1.2% to $63,000 and Nasdaq 100 futures gaining 2.6% — though derivatives data shows investors retreating from l
Revolut Limits USDT Delisting to EEA, Switzerland
Revolut is delisting Tether's USDT stablecoin for customers in the European Economic Area and Switzerland, citing the EU's MiCA crypto regulation, while keeping USDT support unchanged for users in oth
SK Hynix, CXMT IPOs Drain Crypto Liquidity
Back-to-back AI IPOs — SK Hynix's $24.5–28B US listing and CXMT's $4.3B Shanghai offering — are pulling billions from global funds toward AI infrastructure, deepening a capital rotation away from cryp
Kospi Enters Bear Market as AI Chip Concentration Bites
South Korea's Kospi has plunged into bear territory — down 20% from its June 19 peak — as global investors pulled back from the index's extreme concentration in AI chip plays Samsung Electronics and S
Bitcoin Exchange Reserves Lose Bullish Edge at Lows
Bitcoin and ether exchange balances have fallen to their lowest levels since 2017 and 2015 respectively, but analysts say the long-held view that low exchange supply reliably signals a coming bull run
Live markets: Second day of U.S, Iran conflict keeps markets volatile as oil drops
SK Hynix's U.S. listing drew demand more than seven times the shares on offer, positioning the chipmaker to raise close to $25 billion in what would rank as the second-largest foreign debut in U.S. hi
AirPods maker Luxshare slides over 5% in Hong Kong market debut
Luxshare Precision's Hong Kong trading debut opened below its IPO price, with shares sliding more than 5% after the Apple supplier raised $3.09 billion in the city's largest IPO of the year.
Crypto still 'off the table' for Singapore's Temasek, four years after FTX flop
Temasek president Nagi Hamiyeh confirmed the Singapore state investor remains shut out of crypto four years after its $275 million FTX writedown, while outlining plans to nearly triple AI exposure to
Oil Jumps Past $80 as US-Iran Strikes Rattle Markets
Global markets reeled Thursday as renewed US-Iran hostilities pushed Brent crude above $80 a barrel for the first time since June 22, hammering bonds and reviving bets the Federal Reserve will need to
SK Hynix's $28B US Share Sale 7x Oversubscribed
SK Hynix's $28 billion US share sale drew more than seven times oversubscription, signaling intense investor demand for a leading AI memory chip supplier despite a recent pullback in semiconductor sto
US diesel futures post biggest daily gains in four years after Russia bans exports - Reuters
Russia's diesel export ban sent US diesel futures to their biggest single-day gain in four years, while Ukrainian refinery attacks trigger domestic fuel shortages and rising public anxiety inside Russ
IMF Cuts 2026 Global Growth Forecast to 3%
The IMF warned Wednesday that global growth is projected to fall from 3.5% in 2025 to 3% in 2026 before partially recovering to 3.4% in 2027, per its July update to the World Economic Outlook.
Citadel drops Portofino suit, seeks founder's bankruptcy
Citadel dropped its U.S. trade secrets lawsuit against crypto market maker Portofino Technologies on Wednesday, pivoting to a London High Court bankruptcy petition against co-founder Leo Lancia to col
Get the Finance newsletter
Curated finance stories, every morning. Free.
No spam. Unsubscribe anytime.