Tag: Business
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Next week brings earnings and inflation data amid resumption of U.S.-Iran hostilities. Here’s what’s ahead
Investors are anticipating the start of earnings season and the release of June inflation data, just as the U.S-Iran war threatens to reassert itself.
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Yen climbs as Japan considers nudging pension funds into domestic assets
NEW YORK, July 10 : The yen strengthened on Friday and was poised for its biggest daily percentage gain in more than a week after Japan said it plans to encourage pension funds to increase their holdings of domestic financial assets.Japanese Finance Minister Satsuki Katayama said the government was pursuing m
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SK Hynix CEO sees worst-ever memory supply shortage in 2027, says demand to outstrip supply beyond 2030
SEOUL/NEW YORK, July 10 : SK Hynix Chief Executive Kwak Noh-jung said the global memory industry is heading for its worst-ever supply shortage in 2027, forecasting that demand for memory will continue to exceed the company’s ability to produce it well into the next decade despite aggressive capacity expansion.
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Stocks making the biggest moves midday: SK Hynix, Meta, WD-40, Delta, Vodafone & more
These are some of the stocks posting the largest moves midday.
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SK Hynix’s shares jump 14% in marquee US debut as AI euphoria persists
July 10 : SK Hynix’s U.S.-listed shares jumped 14 per cent in their Nasdaq debut following its $26.5 billion share sale, in a sign of resilient investor enthusiasm for semiconductor stocks that have recently pulled back after a dizzying rally. The South Korean chipmaker is the latest to ride a frenzy of inves
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SK Hynix shares jump 14% in Nasdaq debut
July 10 : SK Hynix’s U.S.-listed shares opened 14 per cent above the offering price in their Nasdaq debut, signaling continued strength in investor appetite for companies benefiting from the AI boom.
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Meta AI image detector fails to identify some of its own cropped AI images, Reuters analysis finds
July 10 : A new AI detection tool from Meta, which the tech company previewed this week alongside the launch of its image-generation model, Muse Image, failed to identify some of its own AI-generated images once they were cropped, according to a Reuters analysis.The finding highlights the challenges of verify
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SK Hynix’s shares indicated to jump 20% in marquee US debut
July 10 : SK Hynix’s U.S.-listed shares were indicated to jump 20 per cent in their Nasdaq debut following its $26.5 billion share sale, signalling strong enthusiasm in semiconductor stocks despite a recent pullback.The South Korean chipmaker is the latest to ride a frenzy of investor interest in firms percei
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Yen strengthens as Japan considers nudging pension funds into domestic assets
NEW YORK, July 10 : The yen climbed on Friday and was on track for its biggest daily percentage gain in more than a week after Japan said it plans to encourage pension funds to increase their holdings of domestic financial assets.Japanese Finance Minister Satsuki Katayama said the government was pursuing meas
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Wall Street and oil prices tread water as investors eye SK Hynix, Middle East tensions
LONDON/WASHINGTON, July 10 : Global stocks rose on Friday but Wall Street opened in mixed territory, as AI-related enthusiasm over the market debut of South Korean chip bellwether SK Hynix led investors to brush off tit-for-tat attacks between the U.S. and Iran. The Dow Jones Industrial Average was up 0.16
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