SK hynix launches huge US listing amid AI boom
South Korean chip maker SK hynix has set pricing for a major US listing, aiming to raise $26.5bn as demand for artificial intelligence infrastructure continues to drive investor interest in semiconductor companies. The offering is expected to be one of the largest stock sales ever completed on US markets. The company plans to list American depositary shares on Nasdaq later on Friday.SK hynix said the deal involves 177.9 million depositary shares, with each ADS representing one-tenth of a regular share, priced at $149.00 per ADS. The listing has been more than seven times oversubscribed, according to US media reports cited... [Continue Reading]
360LiveNews | 10 Jul 2026 06:30 LONDON
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Wall Street closes mixed as Apple surges, energy rallies and chip stocks lag
Executive summary: U.S. equities finished mixed, with the S&P 500 and Nasdaq Composite higher while the Russell 2000 and several rate-sensitive or cyclical pockets lagged. Apple delivered the standout move, jumping +7.4%, while crude oil climbed +4.8% and natural gas fell -7.2%. The session pointed to a market still rewarding mega-cap leadership and energy strength, even as AI chip shares and smaller caps showed strain. [Continue Reading]
360LiveNews Markets Intelligence | 09 Jul 2026 21:15 LONDON
Wall Street closes mixed as tech wobbles, oil surges and Apple leads a sharp stock rotation
Executive summary: U.S. markets ended mixed, with the S&P 500 and Nasdaq lower, the Dow barely positive, and small caps under pressure. The session was defined by a steep drop in AI and chip shares, a strong rebound in Apple, a jump in crude oil, and a broader rotation toward energy and some financials while high-growth tech and crypto-linked assets softened. [Continue Reading]
360LiveNews Markets Intelligence | 08 Jul 2026 21:15 LONDON
Wall Street Opens Mixed as Chip Rout Deepens, Oil Surges and Energy Leads Early Rotation
Executive summary: U.S. markets opened with a sharp split between growth and value, as chip and tech shares sold off hard while energy and banks outperformed. The Nasdaq and Russell 2000 were lower, the S&P 500 slipped, and the Dow held a modest gain. The biggest move was in semiconductors, where SOXX dropped -12.9%, while WTI crude jumped +7.7%, helping lift energy stocks and financials. The session points to a rotation away from rate-sensitive and AI-linked names toward sectors tied to higher oil prices and a firmer inflation backdrop. [Continue Reading]
360LiveNews Markets Intelligence | 08 Jul 2026 14:45 LONDON
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Tokyo Close: Nikkei Slips, Kospi Rout Deepens as Oil Jumps and Hong Kong Rallies
Executive summary: Asia-Pacific trading ended with a sharp split, Japan and South Korea under pressure while Hong Kong and Australia advanced. The Nikkei 225 fell -2.8% and the Kospi plunged -12.5%, while the Hang Seng surged +6.2% and the ASX 200 gained +0.7%. The move came alongside a sharp rise in WTI crude, firmer precious metals, and a slightly softer dollar against the yen, pointing to a session dominated by geopolitics, energy, and risk rotation. [Continue Reading]
360LiveNews Markets Intelligence | 08 Jul 2026 07:45 LONDON
