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Archived image accompanying: SK Hynix Nasdaq debut jumps as AI memory trade reaches U.S.

SK Hynix Nasdaq debut jumps as AI memory trade reaches U.S.

SK Hynix opened at $170 in its Nasdaq debut after a $26.5 billion ADR sale, giving U.S. investors easier access to the AI memory leader. The rally also tests whether stronger access can narrow the company’s valuation discount without ignoring memory-cycle risk.

3 months ago

Archived image accompanying: Rackspace stock tumbles as AI funding plan meets outlook cut

Rackspace stock tumbles as AI funding plan meets outlook cut

Rackspace shares fell after the company paired a $250 million at-the-market stock-sale program with a reduced 2026 revenue and EBITDA outlook. Management says the capital supports an enterprise AI pivot, but investors focused on dilution, debt and near-term pressure.

3 months ago

Archived image accompanying: Yoon’s seven-year sentence stands in South Korea martial law case

Yoon’s seven-year sentence stands in South Korea martial law case

South Korea’s Supreme Court finalized a seven-year prison term for former President Yoon Suk Yeol in the first martial-law-related case to reach the top court. The ruling leaves Yoon detained as separate insurrection and drone-related appeals continue.

3 months ago

Archived image accompanying: Trump’s Spain threat puts NATO unity and EU trade rules on the line

Trump’s Spain threat puts NATO unity and EU trade rules on the line

Trump’s demand to halt U.S. trade with Spain escalated a NATO spending dispute, but Madrid and Brussels framed it as rhetoric constrained by EU trade rules and alliance realities.

3 months ago

Archived image accompanying: SK Hynix’s $28 Billion ADR Sale Draws Heavy Demand Before Nasdaq Debut

SK Hynix’s $28 Billion ADR Sale Draws Heavy Demand Before Nasdaq Debut

SK Hynix’s $28 billion ADR bookbuild is set to close after heavy oversubscription, with investors lining up for a Nasdaq-traded AI memory play even as the Seoul shares wobble.

3 months ago