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Week’s Best: SpaceX Created an IPO Road Map
Barrons.com43d agoneutral
Week’s Best: SpaceX Created an IPO Road Map

It is estimated that the SpaceX IPO created more than 4,000 millionaires. SpaceX, which joined the Nasdaq-100 index on Tuesday, isn’t likely to be the only mega IPO this year. BlackRock joins the QQQ fray.

South Korean Memory Chip Maker’s Historic U.S. Debut Jolts Stocks
The Wall Street Journal43d agoneutral
South Korean Memory Chip Maker’s Historic U.S. Debut Jolts Stocks

SK Hynix’s historic U.S. trading debut helped investors regain their appetite for the AI trade. American depositary receipts of SK Hynix soared 13% Friday as the South Korean chip maker pulled off a $26.5 billion U.S. share sale, the largest by a foreign company in history. SK Hynix’s offering capped a volatile week for the market.

Hynix Soars, Chips Stay Grounded
The Wall Street Journal43d agobullish
Hynix Soars, Chips Stay Grounded

The prospect of resumed talks between the U.S. and Iran eased oil prices. President Trump said in a social-media post that the U.S. had agreed to continue talks with Iran. SK Hynix completed the largest-ever U.S. share sale by a foreign company.

SK hynix surges on first day of trading on Wall Street
AFP43d agobullish
SK hynix surges on first day of trading on Wall Street

South Korean chip giant SK hynix soared 13 percent on its first day of trading on Wall Street on Friday, capping one of the world's biggest ever stock sales as it takes advantage of the AI boom.Tech stocks have tumbled in recent weeks on fears of overheated valuations -- although SK hynix has soared more than 220 percent this year in Seoul -- and questions about when enormous global AI spending will reap returns.

Starbucks tries something it failed at before
TheStreet43d agoneutral
Starbucks tries something it failed at before

Ten months ago, in September 2025, Starbucks walked into 11,000 stores with NomadGo’s inventory Artificial Intelligence (AI) tool that promised 99% accuracy and counted up to eight times faster than a human. After 9 months, in May 2026, according to Reuters, an internal newsletter retired the ...

A $28 Billion AI IPO Trading at Just 7x Earnings: Too Cheap or Too Cyclical to Trust?
24/7 Wall St.43d agoneutral
A $28 Billion AI IPO Trading at Just 7x Earnings: Too Cheap or Too Cyclical to Trust?

John Coogan spent Wednesday’s TBPN segment arguing that the largest AI hardware IPO no US retail investor can buy yet might also be the cheapest name in the entire complex. SK Hynix, the South Korean memory giant, is preparing what could be a $28 billion NASDAQ listing, potentially ranking among the largest ever New York ... A $28 Billion AI IPO Trading at Just 7x Earnings: Too Cheap or Too Cyclical to Trust?

Delta earnings: Jet fuel spike has helped airlines pass on higher fares
Yahoo Finance Video43d agoneutralVIDEO
Delta earnings: Jet fuel spike has helped airlines pass on higher fares

Delta Air Lines (DAL) stock continues to face some turbulence ahead of Friday's close despite flying past second quarter estimates with the operator reporting revenue of $17.67 billion and adjusted earnings of $1.56 per share. The airline cited struggles with elevated jet fuel prices while boasting strong demand. Raymond James managing director Savi Syth discusses her recent downgrade on the stock.

Micron now targets 40% of its DRAM output from U.S. soil
TheStreet43d agoneutral
Micron now targets 40% of its DRAM output from U.S. soil

Micron Technology Inc. (MU) said it will raise its planned U.S. investment to more than $250 billion through 2035, according to a Seeking Alpha report on the company’s Thursday, July 9, announcement. That figure is $50 billion more than the roughly $200 billion the company committed to just over a ...