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Bloomberg84d agoneutral
SK Hynix Open to Issuing More US Shares, SK Group Chairman Says

(Bloomberg) -- SK Hynix Inc. is open to issuing more US shares should returns prove strong and the company’s stock price remains stable, SK Group Chairman Chey Tae-won said.Most Read from BloombergMicrosoft’s Xbox to Shift Obsidian Studio to New ‘Fallout’ Video GameNvidia’s $1 Trillion Slide Sends Valuation to Pre-AI Boom LevelsSK Hynix Raises $26.5 Billion in Biggest Foreign Debut in USPrabowo’s Clampdown on Indonesian Tycoons Fuels Capital FlightZuckerberg Pledges ‘Aggressive’ Pricing With Met

Bloomberg84d agoneutral
Ex-Banker With ‘Boring’ AI Startup Pleads Guilty in Insider Case

(Bloomberg) -- Arya Bolurfrushan left Wall Street in 2008 to go to Harvard Business School. A decade after graduating the university, where he published a paper on private equity in the Middle East, he founded his own startup, AppliedAI, based in Abu Dhabi.Most Read from BloombergMicrosoft’s Xbox to Shift Obsidian Studio to New ‘Fallout’ Video GameNvidia’s $1 Trillion Slide Sends Valuation to Pre-AI Boom LevelsSK Hynix Raises $26.5 Billion in Biggest Foreign Debut in USPrabowo’s Clampdown on Ind

Trader keeps massive EUR/USD bet open for 400 days
TheStreet84d agoneutral
Trader keeps massive EUR/USD bet open for 400 days

While the crypto industry has several decentralized exchanges that offer perpetual futures tied to assets as diverse as the SpaceX stock to Brent crude oil, these platforms also offer futures tied to forex trades and crypto traders haven't missed the opportunity to ...

Wall Street Shakes Off Iran Jitters
Barrons.com84d agoneutral
Wall Street Shakes Off Iran Jitters

Stocks saw brief pullback after Trump posted about U.S.-Iran negotiations. The Dow was up 54 points or 0.1%, while the S&P 500 hovered near the flatline. “The muted stock market reaction to the re-escalation of Iran tensions this week is prime evidence that the market is looking past geopolitical tensions,” Clark Bellin, CIO of Bellwether Wealth said, adding, “From a stock market point of view, the stock market already reacted to the Iran situation in March and similar to last year's tariff tantrums, once the market reacts to something, it tends to move on in due time.”

Tesla Robotaxi Success Endangered By Regulators
24/7 Wall St.84d agoneutral
Tesla Robotaxi Success Endangered By Regulators

Federal regulators are raising serious questions about whether autonomous vehicles can safely interact with first responders, and their concerns could throw a massive wrench into Tesla's most ambitious moneymaking plan yet.

Investing.com84d agoneutral
What Delta’s report tells investors in American and United

For investors holding UAL and AAL, Delta's Q2 is more than a scorecard for one carrier — it is the sector's first detailed read on whether premium fare pricing can absorb record fuel costs, how loyalty programs are holding up, and whether consumer travel demand has crested. The tip-offs from Atlanta are largely encouraging.

Why you should care about SK Hynix's IPO
Yahoo Finance Video84d agoneutralVIDEO
Why you should care about SK Hynix's IPO

SK Hynix (SKHY, SKHYV) has officially gone public in the US. Yahoo Finance Executive Editor Brian Sozzi is joined by Breaking News Reporter Jake Conley and Trustless Media founder Zack Guzman to discuss the IPO.

Delta stock uneasy as jet fuel costs weigh on airline: Q2 earnings takeaways
Yahoo Finance Video84d agoneutralVIDEO
Delta stock uneasy as jet fuel costs weigh on airline: Q2 earnings takeaways

Delta Air Lines (DAL) flew past its second quarter estimates with the airway operator reporting revenue of $17.67 billion and adjusted earnings of $1.56 per share. While boasting strong demand, the airline is still contending with elevated fuel prices stemming from the US-Iran war. Yahoo Finance Senior Transports Reporter Pras Subramanian comes on Market Catalysts to analyze the biggest takeaways from Delta's earnings release.

Investing.com84d agoneutral
Morgan Stanley more than doubles Lenovo price target on AI-driven growth

Investing.com -- Morgan Stanley revealed in a note on Friday that it has upgraded Lenovo to Overweight from Equal-weight and more than doubled its price target to HK$30 from HK$14.20, arguing that AI-driven demand has fundamentally altered the memory market in a way that materially benefits the Chinese technology giant.

Verizon lands significant new deal with auto giant
TheStreet84d agoneutral
Verizon lands significant new deal with auto giant

Verizon has spent years arguing that its network quality is the one thing competitors cannot replicate. On July 9, it found another place to prove that point. BMW is giving it the keys, figuratively, to the connectivity layer running inside every new BMW, MINI, and BMW Group vehicle sold in the ...

Delta Sales Keep Climbing While Sky-High Fuel Costs Cut Profit
The Wall Street Journal84d agoneutral
Delta Sales Keep Climbing While Sky-High Fuel Costs Cut Profit

Delta Air Lines said customers aren’t shrinking away from higher flight prices that have helped offset sky-high fuel costs. Chief Executive Ed Bastian said higher fares haven’t slowed down demand, at least from Delta’s customers. “While they’ve jumped recently, they’re certainly not expensive,” Bastian said.

SK Hynix makes US debut: What sets it apart from SpaceX's mega-IPO
Yahoo Finance Video84d agoneutralVIDEO
SK Hynix makes US debut: What sets it apart from SpaceX's mega-IPO

South Korean memory chipmaker SK Hynix (000660.KS) is making its US market debut on Friday through a listing on the Nasdaq (^IXIC), under the ticker "SKHY." The company has already raised $26.5 billion in its Wall Street share offering, the largest first-time listing by a foreign company in the US. B. Riley Wealth chief market strategist Art Hogan sits down with Yahoo Finance Executive Editor Brian Sozzi to touch upon how SK Hynix's US listing may differ from SpaceX's (SPCX) mega-IPO.