Tag: stocks
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Analysis:Among AI crowd, some investors position for slower hyperscaler spending growth
MILAN, July 17 : The parabolic rally in AI chipmakers has run into turbulence amid concern about valuations and the sustainability of their bumper revenues, with some investors quietly positioning for a slowdown in the near-trillion dollar spending boom that could provide a boon to the hyperscalers footing the bill.
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Stocks drop on tech sell-off, oil yo-yos on Mideast
NEW YORK: Major stock markets mostly retreated Thursday (Jul 16) as semiconductor shares extended falls, while oil prices wobbled as the United States and Iran exchanged fresh strikes
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US stocks gain after reassuring inflation data, tech giants advance
“The market was comforted today by the market-friendly PPI report,” said analyst Patrick O’Hare.
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SK Hynix shares surge 13% on AI hopes as US tech stocks resume their climb
SEOUL, July 15 : Shares in SK Hynix jumped nearly 13 per cent in Seoul on Wednesday, tracking gains in U.S. tech stocks after softer-than-expected U.S. inflation data, while upbeat analyst views on the outlook for AI memory demand also supported sentiment.The rally lifted other South Korean semiconductor stoc
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Nasdaq rebounds as cooling US inflation weighs on dollar
JPMorgan CEO Jamie Dimon said the US economy has “demonstrated notable resiliency” despite inflation and higher oil prices.
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Oil prices spike on fresh US-Iran attacks, tech hammers on stocks again
Seoul led losses in most Asian stocks, dragged down by market heavyweight SK hynix’s plunge of more than 15 per cent.
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Oil prices spike on fresh US-Iran attacks, tech weighs on stocks again
Seoul led losses in most Asian stocks, dragged down by market heavyweight SK hynix’s 10 per cent plunge.
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South Korean chip giant SK hynix surges on first day of trading on Wall Street
SK hynix’s NASDAQ listing raised US$26.5 billion, making it one of the largest stock sales in history.
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SK hynix surges on first day of trading on Wall Street
SK hynix’s Nasdaq listing raised US$26.5 billion, making it one of the largest stock sales in history.
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South Korean chip titan SK hynix raises US$26.5 billion in blockbuster US listing
The South Korean chip giant’s debut would be the largest US listing by a foreign firm.
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