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SK Hynix Seeks $29 Billion in US Listing to Fund AI Chip Boom
SK Hynix plans to raise $29.4 billion through a US depositary receipt listing on Nasdaq, aiming to fund expansion in AI memory chips as demand surges.
World's Hottest Stock Market Rebounds After 10% Plunge
The world's best-performing stock market this year rebounds sharply after a 10% correction, led by chip giants Samsung and SK Hynix as profit-taking subsides.
Micron Earnings Take on New Gravity With Market on Edge Over AI
Micron Technology's upcoming earnings report is seen as pivotal as investors grow anxious about the sustainability of the AI-driven rally in equities.
Rheinmetall Shares Plunge on Report Germany May Cancel Warship Deal
Rheinmetall shares tumbled the most in a year after a report that Germany plans to shelve a major warships contract, raising concerns about the defense firm's revenue outlook.
Tech Stocks Set to Bounce After $1.3 Trillion Rout on AI Jitters
US technology stocks are poised for a rebound on Wednesday after a two-day selloff erased nearly $1.3 trillion from Nasdaq 100 market cap, driven by renewed concerns over AI valuations.
Tankmaker KNDS Starts IPO Process in Frankfurt and Paris
KNDS, the European tankmaker, has formally launched its IPO process in Frankfurt and Paris, marking a key step in the consolidation of the defense sector.
Asia Tech Stocks Slide Again as AI Rally Doubts Persist
Asian tech stocks resumed their decline on Wednesday after a brief rebound, as persistent doubts about the sustainability of the AI-driven rally weighed on investor sentiment.
Chinese Zinc Traders Eye Export Window to Clear Domestic Glut
Chinese zinc producers are awaiting more profitable export conditions to reduce a domestic oversupply, which could pressure global zinc prices and impact mining stocks.
Sanrio Shares Swing After Full-Year Profit Forecast Tops Estimates
Sanrio shares swung sharply after the Hello Kitty owner forecast full-year operating profit above analyst estimates, signaling stronger demand for its character merchandise.
Pimco Says China Export Glut Supports Emerging-Market Bonds
Pimco argues that China's cheap export surplus helps keep developing-world inflation low, strengthening the case for emerging-market bonds as a portfolio allocation.
Gold Drops Below $4,100 as Tech-Led Selloff Spurs Liquidation
Gold fell below $4,100 as a tech-led selloff on Wall Street forced investors to liquidate bullion holdings to cover losses in equities.
Alphabet Stock to Join Dow Jones Industrial Average, Replacing Walgreens
Alphabet's stock will join the Dow Jones Industrial Average, replacing Walgreens Boots Alliance, reflecting the index's shift toward tech and communications.
Black-Market Peptides Fuel a Multibillion-Dollar Gold Rush
A booming black market for unregulated peptides, driven by demand for wellness shots after GLP-1 success, poses health risks and attracts billions in illicit spending.
MSCI Keeps South Korea in Emerging Market Index, No Upgrade Review
MSCI decided to keep South Korea classified as an emerging market, declining to initiate a review that could lead to developed-market status for the $5 trillion stock market.
Researchers Crack Code on Predicting Market Bubbles—What It Says About Stocks
A new research model claims to predict market bubbles with high accuracy, signaling elevated risk in certain sectors but not an imminent broad crash.
Stock investors hope for Fed rescue, but no 'Warsh put' is coming
Wall Street's belief in a Fed safety net misreads the dot-com crash, as Alan Greenspan followed rules rather than saving portfolios, and no 'Warsh put' is coming to rescue stock investors.
Cboe Revives S&P 500 Binary Options to Rival Kalshi, Polymarket
Cboe Global Markets has reintroduced S&P 500 binary options after a decade-long hiatus, directly challenging prediction market platforms Kalshi and Polymarket in the event-contract space.
Mamdani-backed candidates favored in NYC primaries, Kalshi traders bet
Prediction market traders on Kalshi give 54% odds that two of three candidates endorsed by New York City Mayor Zohran Mamdani will win their congressional primaries on Tuesday.
SpaceX stock swings highlight leveraged ETF risks since IPO
SpaceX shares have experienced wild price swings since their IPO, underscoring the dangers of leveraged single-stock ETFs for retail traders.
Meta builds prediction market app, shares dip on report
Meta Platforms is building a prediction market app called Arena, separate from its social media platforms, according to a New York Times report, sending its shares lower in Tuesday trading.
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NowPrice news curates headlines from established financial sources (CoinDesk, Decrypt, Investing.com, MarketWatch, OilPrice, Bloomberg and others). Our editorial team writes concise summaries in 5 languages. We don't republish articles — every story links back to the source.