SK Hynix surges 11% after filing for blockbuster Nasdaq listing
Shares of South Korean chip giant SK Hynix surged 11% on Thursday after the company said it is seeking to raise as much as $29.4 billion.

Shares of South Korean chip giant SK Hynix surged 11% on Thursday after the company said it is seeking to raise as much as $29.4 billion.
Micron said in its earnings report that its gross margin jumped to 84.9% from 39% a year ago.
White House Office of Management and Budget Director Russell Vought asked House Speaker Mike Johnson for billions in extra spending for the Iran war.
Micron's quarterly earnings report follows a 700% surge in the memory maker's stock price over the past year.
Several companies have cropped up in India providing video training data made by humans that is being used to teach robots in the U.S. and China.
South Korea's IPO activity has lagged that of its regional peers as the structure of the market and governance reforms collide.
Qualcomm's primary business has been smartphones, which accounted for two-thirds of the company's product revenue in it's most recent quarter.
A magnitude 7.2 earthquake struck about 100 miles west of Caracas, with a magnitude 7.5 tremor hitting less than a minute later, according to the U.S. Geological Survey.
A heat-related power outage left around 68,000 homes without electricity in western France as record-breaking heat sweeps Europe.
To qualify for the U.S. Department of Education's new interest rate discount on student loans, borrowers must meet several requirements. Here's what to know.
The White House is pressing major defense firms to expand missile and munitions output as Iran talks and weapons stockpile concerns put new pressure on the Pentagon’s industrial base.
President Donald Trump abruptly canceled the signing of a bill aimed at increasing housing affordability an hour before he was due at the Capitol for the ceremony.
The Fed's annual exercise comes at a pivotal moment for bank regulation because, unlike previous years, the results will not affect capital requirements.
The letter, which was obtained by CNBC, claims Alibaba carried out "the largest known distillation attack on Anthropic to date."
The announcements followed the release of the Federal Reserve's annual stress test, which found that all 32 large banks weathered a hypothetical recession.
Some 72 ships loaded with 19 million barrels of oil have passed through Hormuz in the past 24 hours, Energy Secretary Chris Wright said.
Victims currently face wait times of almost two years to resolve their cases, according to the National Taxpayer Advocate.
AI chipmaker Cerebras has a staggered lock-up expiration that includes some shares becoming available for trading this week.
Every weekday, the Investing Club releases the Homestretch; an actionable afternoon update just in time for the last hour of trading.
Toyota has notably leaned into hybrid vehicles while GM and others bet on all-electric vehicles, which saw lower-than-expected adoption from consumers.
Bitcoin, now in the eighth month of its bear market, dropped to an October 2024 low amid a pullback in tech stocks.
The Roundhill T-REX 2X Long DRAM Daily Target ETF (RAM) is a 2x levered version of the popular DRAM ETF.
The House on Tuesday gave final passage to a bill aimed at lowering costs for homebuyers and reining in private equity.
Options traders were buying a lot of protection on the iShares Semiconductor ETF (SOXX) on Tuesday.