South Korea’s SK Hynix secures $26.5 billion in its US market debut, signaling strong investor demand for semiconductor stocks. SK Hynix completed its US market debut, raising $26.5 billion in the largest chip-related initial public offering on record. The deal underscores
Circle Internet Group secures federal trust bank status, bolstering USDC stablecoin operations amid rising regulatory clarity. Circle Internet Group (CRCL) shares surged nearly 7% in premarket trading after the U.S. Office of the Comptroller of the Currency approved its ap
The company reported $30.2M in net income for Q3, a 44% increase year-over-year, driven by 24% sales growth. WD-40 (WDFC) shares rose more than 15% in premarket trading Friday after third-quarter earnings exceeded Wall Street expectations. Net income reached $30.2M for the
A BNY strategist warns rising rates volatility could prompt investors to cut equity exposure and shift to defensive sectors. A renewed increase in U.S. rates volatility, tracked by the MOVE Index, may pressure equities, particularly technology and growth stocks. Strategist
Micron’s $250bn US plant investment and SK Hynix’s $26.5bn ADR raise fuel semiconductor rally, lifting global equities. Global equities rose as semiconductor stocks surged, driven by Micron’s plan to boost US plant spending to $250bn by 2035, up $50bn from prior commitment
Proceeds will fund the company’s acquisition of life-sciences REIT NSA amid a weighted average yield of 4.855%. Public Storage (PSA) completed a $900M senior notes offering split into two tranches, carrying a weighted average effective interest rate of 4.855%. The deal inc
Binance will introduce when-issued trading for SK hynix Inc. ADR starting July 10, expanding its stock offerings. Binance will launch when-issued trading for SK hynix Inc. ADR (SKHYV/SKHY) on July 10 at 09:05 UTC, using the temporary symbol SKHYV. The move aims to broaden
Japan's producer prices surge 7.1% year-over-year Japan's producer prices accelerated 7.1% year-over-year in June 2026, driven by intense wholesale inflation. The reading marks the sharpest annual increase since March 2023, outpacing consensus estimates of a 6.8% gain
The South Korean chipmaker priced 177.9 million ADRs at $149 each in the largest foreign IPO in U.S. history. SK Hynix completed its U.S. debut by raising $26.5 billion through the sale of 177.9 million American depositary receipts at $149 each. The offering surpasses all
EquipmentShare boosts full-year 2026 outlook and launches a $500M stock repurchase program after strong first-half results. EquipmentShare (EQPT) has increased its full-year 2026 financial guidance and introduced a $500M Class A common stock repurchase program. The move fo
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