SK Hynix Shares Flash-Crash Again on Nextrade, KOSPI Falls 4.6%
The circuit breaker tripped before the Seoul market had even opened. On Nextrade, South Korea’s alternative trading platform, SK Hynix shares plunged 30% in pre-market trading on Wednesday, triggering a…
SpaceX Lockup Expiry Piles Pressure on Shares After Earnings Drop
The calendar flipped to August 6, and the lockup that had kept nearly a billion SpaceX shares off the market expired at midnight. By morning, roughly 911.5 million shares held…
Alphabet Returns to Debt Market With $25 Billion Bond Sale
The term sheets began moving through Wall Street syndicate desks before the trading day started: ten tranches, maturities stretching from two years to forty, and a target of as much…
Musk’s Wealth Sheds $363 Billion in One Month
Elon Musk’s personal fortune fell by about $363 billion in July, according to a report by China News Service, the steepest monthly decline for a billionaire in recent memory, as…
KOSPI Triggers Upside Circuit Breaker as Chip Stocks Rally
South Korea’s KOSPI index triggered an upside circuit breaker at the open Wednesday, surging 3.8% as memory stocks rallied, one day after the index had fallen sharply in a global…
SK Hynix’s Solidigm Weighs Nasdaq Listing After Pre-IPO Round
Solidigm, the NAND flash and SSD maker owned by SK Hynix, is raising 5 trillion to 10 trillion won in a pre-IPO funding round that values the company at about…
Nvidia Open-Sources Self-Driving Model Alpamayo 2 Super
Nvidia released an open-source model for autonomous vehicles on Monday and threw in a commercial license, a move aimed at making its software the default foundation for robotaxis and self-driving…
Samsung Widens DRAM Lead as Micron Draws Even With SK Hynix
Samsung Electronics reclaimed a 39% share of the global DRAM market in the second quarter, its highest level since 2024, while SK Hynix’s share fell to 26% and Micron Technology…
Samsung and SK Hynix Executives Under Police Investigation
South Korean police have opened an investigation into senior executives of Samsung Electronics and SK Hynix over allegations that they misused company assets during bonus negotiations with labor unions, according…
Google in Talks to Buy AI Coding Startup Mechanize
Google is in talks to acquire Mechanize, an AI coding-agent startup, in a deal that could value the company at more than $1.5 billion, according to a report by Business…
