SK Hynix raises $26.5 billion in U.S. offering. What to know about the stock.
SK Hynix did not need Wall Street to discover high bandwidth memory. Wall Street needed a cleaner way to buy the company powering Nvidia's AI boom.
City & Markets
Johnson Service Group shares drop on weak hospitality sales
Shell’s (SHEL) adjusted earnings more than doubled in the first quarter as its trading unit brought in windfall profits from the energy crisis caused by the blockage of the Strait of Hormuz.
Embotelladora Andina (AKO.B) Surges 5.6%: Is This an Indication of Further Gains?
Embotelladora Andina S.A. (AKO.B) shares rallied 5.6% in the last trading session to close at $30.1. This move can be attributable to notable volume with a higher number of shares being traded than in…
India ramps up missile sales in Indo-Pacific as China’s assertiveness turns neighbors wary
India will supply its BrahMos and Astra missiles to Indonesia, the country's third such agreement in the Indo-Pacific, underscoring New Delhi's rise as a defense supplier in the region amid growing co…
Hogs Close with Mixed Trade on Thursday
Lean hog futures were mixed at the final bell on Thursday, with contracts down $1.50 in August to as much as 30 cents higher in the deferreds. USDA’s national base hog price was reported at $97.05 on …
Will SK Hynix’s Wall Street debut narrow its 'Korea discount'?
As global chip giant SK Hynix makes its Nasdaq debut Friday, the listing will test whether the stock will be able shed its long-standing "Korea discount."
U.S. to continue 'technical talks' with Iran after Trump said ceasefire was 'over'
The U.S. will engage in "technical talks" with Iran and remains committed to finding a solution to the conflict, despite the two countries trading airstrikes in recent days, MS Now reported Thursday, …
Cattle Post Weakness on Thursday
Live cattle futures were falling on Thursday, with contracts down $1.80 to $2.47 at the close. Cash trade kicked off on Thursday at $247-248 across the country, a $7-8 drop from last week. The Thursda…
Soybeans Correct Lower on Thursday Ahead of Friday USDA Reports
Soybeans were down 10 to 15 ¼ cents in the front months, with other contracts fractionallt to 8 cents lower. The cmdtyView national average Cash Bean price was down 14 1/2 cents at $11.31. Soymeal fut…
Corn Fades Lower on Thursday
Corn futures closed the Thursday session with contracts 2 to 4 ¼ cents lower, as nearby July was down 7 cents. The CmdtyView national average Cash Corn price was 3 1/4 cents lower at $4.01 3/4.
OpenAI exec Fidji Simo says she's stepping down due to chronic illness, will transition to advisor
Fidji Simo, OpenAI's product and business chief, on Thursday announced she is stepping down from her role at the artificial intelligence company to focus on recovery after a "severe exacerbation of a …
Florida's Palm Beach airport renamed for Trump
The airport in West Palm Beach, Florida, has officially been renamed after President Donald Trump, the first time an airport has been named after a sitting U.S. president.
New Fed task force members share Chairman Kevin Warsh's embrace of AI
A series of task forces designed to bring outside thinking to the Federal Reserve will include the "best minds," Chairman Kevin Warsh said Thursday. For a task force that could be especially consequen…
Energy M&A kicks into high gear amid AI's thirst for power
M&A in the energy sector is soaring as developers of AI projects look to bypass the growing practical and regulatory hurdles to launching new power generation projects.
People Are Talking About Contango While Oil Markets Are Far From Recovered
While financial desks obsess over paper structures and Brent crude briefly flirted with contango, the broader market is missing the forest for the trees. Brent crude's recent rebound from $71 to $79 a…
If you invested $10,000 in Bitcoin, Trump meme coin, and gold when Trump took office, here's what you'd have today
January 20, 2025. Donald Trump walks back into the White House. Bitcoin is touching $109,000. Gold is steady at $2,697 an ounce. And a meme coin bearing the president's name is a few days old and trad…
Inside NATO's extraordinary 48 hours that revealed Trump's grip on global diplomacy
For 48 hours in Ankara, Turkey, it felt as though the world was moving on Donald Trump's timetable.
Where Jim Cramer stands on SK Hynix's massive offering
CNBC's Jim Cramer said Thursday that SK Hynix's upcoming Nasdaq debut will give U.S. investors a new way to bet on the artificial intelligence boom, but warned the South Korean memory-chip giant comes…
Kalshi traders see roughly 50% odds of a rate hike in 2026 as Fed is split on policy
Federal Reserve policymakers are split on the path for interest rates — and Kalshi traders also seem to be divided, seeing just over 50% odds of a hike this year.
Prediction markets spark insider trading concerns. Here's how Goldman and other companies are responding
Insider trading is an emerging risk in the new world of prediction markets, and some companies – including Goldman Sachs – are taking steps to limit employees' trades on the platforms.
Kevin Warsh names members of his Federal Reserve task forces, including Marc Andreessen, Doug McMillon
Federal Reserve Chairman Kevin Warsh on Thursday released names of the experts who will comprise five task forces to examine the institution's operations — a list that includes several prominent Wall …
Palo Alto CEO Arora says AI pricing needs to fall 90% as token costs skyrocket
Palo Alto Networks CEO Nikesh Arora warned that token costs need to drop as much as 90% to promote large-scale artificial intelligence adoption.
Anduril CEO says it's bad to IPO in ‘middle of a hype cycle’
Anduril CEO Brian Schimpf said the defense tech company is in no hurry to go public given the current market conditions.
Kalshi traders think gas prices will stay higher for longer as U.S.-Iran tensions heat back up
With the U.S. and Iran exchanging strikes once again — and the return of normal traffic flows in the Strait of Hormuz in doubt — traders on prediction market platform Kalshi think gas prices will like…