Tag: SK Hynix Inc
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Oil prices cool, AI’s ‘distillation’ debate, Ford’s ‘Nike shoe drop’ and more in Morning Squawk
Here are five key things investors need to know to start the trading day.
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China memory chipmaker CXMT skyrockets 470% in blockbuster Shanghai debut
The Hefei-based company raised 57.92 billion yuan ($8.6 billion) after pricing its IPO at 8.66 yuan per share.
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CNBC Daily Open: Markets finally get a calm weekend; Nvidia and SK Hynix announce massive memory deal
It’s been a relatively calm weekend. Finally, there was a pause in the fighting in the Middle East instead of an escalation.
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Nvidia locks down memory supply from SK Hynix as part of $500 billion AI deal
Nvidia is aggressively securing supply of high-bandwidth memory, an essential component for its GPUs and systems.
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South Korea’s president invokes dramatic Japan realty crash to push domestic property agenda
Lee was highlighting the country’s excessive investment in real estate, and highlighted that Japan’s housing market “burst like a balloon.”
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Chip firm priced as China’s most valuable company before its IPO brings scrutiny to crypto platform
The outsized premium was due in part to offshore investors who, locked out of the highly anticipated listings, turned to crypto for a parallel market.
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Kospi to 10,000: South Korean equities poised to rebound after brutal sell-off, says Citi
Crucially, the analysts are maintaining a price target of 10,000 for the index, which would mark an increase of over 50% from Monday’s closing price.
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Don’t be fooled by an AI stock bounce. Charts suggest more downside ahead
Fairlead’s Katie Stockton says it might be wise reduce exposure to this AI trade.
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Plenty of stocks are working in this market — you just have to look beyond tech
The big unanswered question is how long there can be such terrific opportunities outside tech before it dawns on those overweight the sector.
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