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July 13 (Reuters) - Futures tied to the S&P 500 and the Nasdaq fell on Monday, as a fresh escalation between Iran and the U.S. in the Gulf rattled investors' sentiment, drove oil prices higher and

SK Hynix dropped as investors looked to be taking some profit after a 500% gain in the past 12 months and a blockbuster U.S. listing.

Investing.com -- Global chip stocks fell sharply Monday, led by a record one-day plunge in SK Hynix shares, as investors weighed a fresh escalation in Middle East tensions alongside mounting concerns over valuations in AI-related shares.

Investing.com -- Global chip stocks fell sharply Monday, led by a record one-day plunge in SK Hynix shares, as investors weighed a fresh escalation in Middle East tensions alongside mounting concerns over valuations in AI-related shares.

The stock market could decline sharply as midterm elections approach.

The nosedive helped send South Korea's Kospi almost 9% lower, which triggered a 20-minute halt in trading. Rival Samsung Electronics's stock also slumped. The decline marked an abrupt reversal in investor appetite after SK Hynix's American depositary receipts soared 13% Friday on their first trading day on the Nasdaq.

According to data from Fiscal.ai, MercadoLibre has posted consistent, sometimes massive, growth for about 28 consecutive quarters.

CoreWeave has been tanking, but Cathie Wood is buying.

(Bloomberg) -- South Korea expects to reap a record tax windfall from the artificial intelligence-driven semiconductor boom, giving President Lee Jae Myung’s government fresh fiscal firepower to fund an ambitious investment agenda.Most Read from BloombergLindsey Graham, Senate Hawk Turned Trump Ally, Dies at 71Hormuz Route Open Despite Iran Declaration, Maritime Group SaysOpenAI Engineer’s ‘LOL’ Moment Set Stage for Legal Fight With AppleUS Renews Iran Strikes as Both Sides Dispute Hormuz Status

The new variant is expected to sit above the Model Y L, making it Tesla’s priciest Model Y in China.

According to a CNBC report, UBS has reiterated its ‘Buy’ rating on Bloom Energy and currently has a price target of $350 on BE stock.

Tema also built an $89.2 million ASTS stake ahead of its next BlueBird satellite launch, while RKLB became the largest of the three positions by value.

Companies in aviation, energy, and nuclear technology faced pressure as investors became more cautious about businesses that need large investments and take a long time to make profits.

The lawsuit, which accuses OpenAI of stealing Apple’s hardware and trade secrets, marks a dramatic turn for two companies that were close partners.

The moves come after SK Hynix’s blockbuster Nasdaq debut on Friday that sent its shares up nearly 13%.

U.S. Central Command said that American forces had begun launching further strikes against Iran to thwart their ability “to attack civilian mariners and commercial ships freely transiting the Strait of Hormuz.”

SK Hynix shares fell more than 15% in Seoul on Monday, its biggest one-day decline in nearly two decades, as investors in Seoul cashed out of a scorching share price rally following its Nasdaq debut last week. The company's U.S.-listed shares dropped ‌9.2% to $152.50 in premarket trading on Monday after jumping more than 12% in its Nasdaq debut on Friday. Korean stocks extended losses after trading resumed after President Lee Jae Myung on Monday reiterated that the government would help speed up ​projects to build chip fabs in investments worth hundreds of billions of dollars, as outlined by Samsung and SK Hynix.

Chinese regulators have required Meta Platforms to unwind its planned $2b acquisition of AI start up Manus, clearing the way for Tencent to become the largest shareholder. The reversal marks a setback for Meta's AI plans in China and raises questions about its ability to secure and retain key AI assets in important markets. Separately, the European Commission has issued preliminary findings that Facebook and Instagram use potentially "addictive" design features such as infinite scroll and...

The two billionaires exchanged barbs on X over Apple's allegations that OpenAI is stealing operational secrets related to Apple's proprietary hardware.

External financing arrangements during recent weeks, along with analyst revisions to the stock’s target price, have led to optimism around AMC Entertainment Holdings Inc. (NYSE:AMC), which is one of the 15 best NYSE penny stocks to buy according to hedge funds. On June 24, AMC Entertainment (AMC) entered into an agreement with some institutional investors […]

I have been tracking SanDisk's numbers. It’s one of my favourites. Why? Its performance, and the reason behind the big numbers. And the numbers keep doing something unusual for sure. They keep getting bigger than the already-big numbers that preceded them. If you didn’t know, SanDisk (SNDK) is the ...

The rise of agentic AI traffic may not show up in the financials today, but its impact is real on Cloudflare's business.

Navitas is facing intense scrutiny as Wolfspeed filed a patent infringement lawsuit against it. How should you play Navitas now?

ChatGPT, Gemini, Claude, and Grok concluded that Strategy would likely survive a Bitcoin drop to $50,000. Even at $50K BTC, Strategy's approximately 843,775 Bitcoin would ...

In 1908, the American automobile business looked like it was eating itself alive. More than 240 companies were building cars that year, and dealers could not tell one from the next. Money poured in, then vanished in a season. Buicks and Oldsmobiles piled up in showrooms nobody could afford to rent. The panic of 1907 had just rattled every bank in the country, and the newspapers were calling the automobile a fad for rich men that regular families would never buy in bulk. Investors who had ridden

Allison Transmission Holdings Inc. (NYSE:ALSN) is one of the best quality stocks to buy according to Wall Street analysts. On June 16, Allison Transmission announced a $250 million contract to supply 4040 MX transmissions for BAE Systems Hägglunds’ CV90 MkIV infantry fighting vehicles. Marking the largest tracked defense order in the company’s history, the agreement […]

Execution will be key if Capital One wants to make the most of its Discover acquisition.

Picture a 73-year-old who spent the last decade watching prices climb and decided, sensibly enough, to tuck some physical gold inside a self-directed traditional IRA. The plan felt airtight: hedge inflation, ride out the noise, hand the metal to his heirs. Then his birthday arrived, and the IRS reminded him that traditional IRAs come with ... He Put Gold in His IRA to Hedge Inflation. At 73, the RMD Forces Him to Sell the Precious Metal, and Taxes His Social Security.

Nvidia is even cheaper despite outperforming the S&P 500 this year.

Ouster (OUST) stock came under pressure after the company completed a public offering of common shares at a discount to the prior closing price, increasing the share count and raising dilution concerns. See our latest analysis for Ouster. Even after the dilution driven pullback, Ouster’s recent share price moves remain shaped by strong momentum over the past quarter, with a 90 day share price return of 97.81% and a 1 year total shareholder return of 85.43%. However, the 5 year total...