SK Hynix Weighs Shareholder Returns Against Growth Capital After Solidigm IPO Halt. Stock Jumps 4%
SK Hynix halted its Solidigm IPO review as regulators and a chip selloff weighed. How will it now fund a US fab?
Older stories · all sources
SK Hynix halted its Solidigm IPO review as regulators and a chip selloff weighed. How will it now fund a US fab?
Gold price dropped below $4,000 an ounce on Friday for the first time since July, hitting a low of $3,986.85. Just 3 weeks earlier, a major Wall Street bank had named that level as a floor for the metal. Banks…
Investors pulled $635.49 million from US spot Bitcoin (BTC) exchange-traded funds (ETFs) on October 22. The money left before BTC fell far enough to hit the level where ETF holders have historically sold hardest. A day earlier, the same funds…
Moderna fell up to 25% despite a cancer vaccine that cut melanoma recurrence or death risk 42%, as expectations ran high.
XRP (XRP) now counts a record 8.24 million non-empty wallets on its ledger, according to Santiment. Yet, the token has dropped 17.21% over the past month to $1.31. Large holders and spot ETF investors, meanwhile, have been sending mixed signals.…
Peter Brandt's largest FX position is a EUR/JPY short. See how BOJ hikes and US-Japan intervention shape the yen's outlook.
DataTrek's Nick Colas says AI funding fears are easing yields and that tech and big tech hold 50% of the S&P 500.
Japan’s core inflation rose above the Bank of Japan’s (BOJ) 2% target in September for the first time in nine months. That strengthens the case for a rate hike in December, when the Federal Reserve (Fed) is also expected to…
Tom Lee says falling rates and a crowded tech short mean the AI selloff is nearing its end. Here is what he expects next.
Grayscale has named the top 10 crypto assets by tokenholder yield and adjusted earnings yield. HYPE leads the first ranking at 8.0%, while CAKE tops the second at 14.4%. The report argues that investors can value many crypto assets, unlike…
Steve Westly says valuation, SEC approval, and China could complicate a Tesla and SpaceX merger as both boards explore it.
South Korea’s Digital Asset Basic Act is close to completion, according to Lee Eog-weon, chairman of the Financial Services Commission. However, a debate over the country’s crypto tax is intensifying. The outcome will shape how exchanges, stablecoin issuers, and investors…