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SK Hynix Surges 14% in $26.5B Nasdaq Debut
South Korean chipmaker SK Hynix, the world's largest high-bandwidth memory producer, surged 14% in its Nasdaq debut after pricing a $26.5 billion ADR offering more than seven times oversubscribed.
SK Hynix rises 13% in Nasdaq debut. Chairman tells CNBC 'demand is enormous'
SK Hynix jumped 13% in its Nasdaq debut, closing at $168.01 and raising $26.5 billion, as Chairman Chey Tae-won told CNBC that AI-driven memory demand is 'enormous, exponentially' and customers want m
S&P 500 Wins Week on Tech Gains; SK Hynix Soars
The S&P 500 closed higher to seal a winning week on tech strength, while SK Hynix's US market debut soared amid continued Wall Street appetite for AI-linked names.
Meta Jumps 6% on AI Push; Options Volume Triples
Meta Platforms shares surged more than 6% Friday to their highest level since April, fueled by its Muse Spark 1.1 AI coding launch and plans to sell AI computing capacity, with options volume running
Nvidia’s biggest RAM supplier just had a trillion-dollar debut on Wall Street
SK Hynix launched on Wall Street Friday at $170 per share, raising $26.5 billion and surpassing Alibaba's record as the largest debut by a foreign company, fueled by surging demand for AI memory chips
As bank earnings approach, a market anomaly emerges
As bank earnings season opens, a trader argues financials are set to outperform weakening tech, with XLF trading at ~15.5x forward earnings and implied correlation making sector-ETF options unusually
SEC clears Nasdaq pilot as exchanges race to tokenize stocks
Crypto and traditional exchanges are racing to tokenize stocks, with the SEC clearing Nasdaq's pilot, NYSE partnering with Securitize for 24/7 trading, and DTCC planning an October launch for tokenize
SK Hynix Surges 17% on US Trading Debut
SK Hynix jumped 17% on its US trading debut as the broader market edged higher, with traders looking ahead to inflation data and the kickoff of earnings season for major US banks.
Kraken Rebuilds App Around AI Agent Trading
Kraken is rebuilding its mobile app around AI agentic trading, letting users delegate market monitoring and trade execution to autonomous agents while keeping final approval in human hands, as the exc
Outsiders with major chops lead Fed task forces
Federal Reserve Chairman Kevin Warsh has formed five task forces to rethink the central bank's policymaking process, bringing in outside economists and business leaders to challenge what the source ca
Options for Everyone
The National Stock Exchange of India built the world’s busiest equity derivatives market on surging retail participation, even as regulators warn most traders lose money and move to rein in risky beha
Circle Wins OCC Trust Bank Charter, Shares Up 5%
Circle received U.S. OCC approval to operate as a national trust bank, letting it manage reserves directly for its $73 billion USDC stablecoin. Shares rose nearly 5% on the news, which lands as crypto
Why the stock market and economy may seem out of sync
The S&P 500 climbed nearly 10% in the first half of 2026 while real U.S. GDP growth slowed to roughly 1.9%, a widening gap economists attribute to AI-driven tech stock concentration and a K-shaped con
Delta CEO: Airfares Sustainable, 2026 Profit Goal In Reach
Delta Air Lines CEO Ed Bastian told CNBC that higher airfares are sustainable even as oil prices retreat, putting the carrier's 2026 profit goal within reach as it continues passing elevated fuel cost
These value mutual funds delivered the highest returns in 5 years. Should you invest?
AMFI data through 8 July 2026 shows about eight Indian value mutual funds delivered 15-18% annualized returns over the past five years, with HSBC Value Fund leading the category at 17.97% per annum.
Canada adds 18,200 jobs in June, unemployment rate edges down
Canada's economy added 18,200 net jobs in June, beating analyst estimates of 10,000, while the unemployment rate ticked down to 6.5% from 6.6%, though gains were concentrated in part-time and hospital
Trump Casts Stocks as Economic Proof, Critics Push Back
President Trump has cast Wall Street's record gains as proof of his presidency's success, ringing the NYSE and Nasdaq opening bell from the Oval Office while roughly 40% of Americans own no stocks at
North Carolina Law Recognizes CFTC Authority Over Kalshi, Polymarket
North Carolina has enacted a law recognizing the CFTC's exclusive federal authority over prediction markets like Kalshi and Polymarket, imposing a 6% tax on trading-fee revenue while explicitly reject
Asian stocks climb, oil dips as Iran ceasefire unravels
Asian stocks mostly climbed Friday and oil prices slipped as traders weighed the collapse of the US-Iran ceasefire, which Trump declared 'over' after the two countries exchanged attacks this week.
Live updates: Bitcoin rises to $64,000 as SK Hynix opens for trade after $26.5 billion IPO
Bitcoin reclaimed $64,000 on Friday, erasing losses from Trump's Iran-strike warning and extending a 28% outperformance against gold since February — though the rally ran counter to $147M in combined
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