The post SK Hynix (SKHY) Makes Historic Nasdaq Debut With Record $26.5B Offering appeared on BitcoinEthereumNews.com.
TLDR SK Hynix completed a historic $26.5 billion capital raise through US markets, setting a record for foreign company listings The offering saw oversubscription exceeding seven times available shares, signaling robust investor interest Trading commenced on Nasdaq today under ticker symbol “SKHY” Despite recent 25% decline over two weeks, SK Hynix stock has surged 680% year-over-year Capital will finance manufacturing expansion and equipment purchases to address AI semiconductor demand On Thursday, South Korean memory chip manufacturer SK Hynix set its American Depositary Receipts at $149 apiece, successfully completing a landmark $26.5 billion fundraising that represents the biggest US listing ever achieved by an international corporation. The semiconductor producer issued 177.9 million ADRs, with individual units representing one-tenth of a common share traded in Seo
Economist and longtime bitcoin critic Peter Schiff argued this week that BTC’s supposed correlation with gold “was never real,” while its historically tight relationship with the Nasdaq has now broken down. Schiff Continues With His Anti-Bitcoin Narrative The latest salvo was highlighted on X by numerous analysts, summarizing Schiff’s argument that bitcoin cannot claim to […]
The post SK Hynix’s US IPO puts focus on memory stocks appeared on BitcoinEthereumNews.com.
There have been two competing theories on how Friday’s SK Hynix US debut will affect the two leading US memory chip stocks, Sandisk (SNDK) and Micron (MU). The first posits that investors will sell some of their holdings in the US companies in order to include the South Korean competitor. The second views the three as similar horses that should all benefit from the ongoing global memory shortage that has provided the sub-sector of the semiconductor industry with exploding margins and profits. The first theory seems to be the leading contender on Friday as SK Hynix is set to begin trading under the ticker SKHY sometime during the regular session. Both Micron and Sandisk shed some weight in the early going on Friday. The broader market is waxing and waning between positive and negative territory as the NASDAQ Composite and Dow Jones Industrial Average both search for direction. SK Hynix prices US
The IPO's success highlights a renewed risk appetite, potentially boosting crypto markets, but sentiment remains cautious and volatile.
The post AI chip fever lifts crypto as SK Hynix makes a splashy Nasdaq debut appeared first on Crypto Briefing.
SK Hynix's potential for more US share issuance could shift investment focus from crypto to AI, impacting capital allocation trends.
The post SK Hynix open to more US share issuance if returns are strong, signaling potential capital shift from crypto appeared first on Crypto Briefing.
The post Meta insiders sold 150 times and bought zero in the last six months appeared on BitcoinEthereumNews.com.
Meta (Nasdaq:META) executives and directors have unloaded roughly $130 million of company stock over the past six months. Across the same half year, they have bought exactly zero shares. That selling might have been more palatable if they had, as executives and directors, helped the stock price go up over that time period. They did not. META, trading on the Nasdaq, is worth less today than it was six months ago. Worse, their stock sales clustered near the higher range of 2026, months before an AI spending spree knocked the stock down. Since the start of the year, the company has lost $60 billion in market capitalization. Read more: YouTuber finds only 900 daily users in Horizon Worlds — Meta’s $36B metaverse The heaviest seller was Chief Financial Officer Susan Li. Her Form 4 disclosures show about $95 million in sales. Chief Operating Officer Javier Olivan also sold more t
The post Japan Is Repeating a Rare Policy Experiment That Rocked UK, Turkey, and US Markets appeared on BitcoinEthereumNews.com.
Japan’s government is pushing public pension funds to buy more domestic assets, even as the Bank of Japan raises rates and trims its bond holdings. Japan’s policy split now pits fiscal stimulus against monetary tightening. Finance Minister Satsuki Katayama said this week that Japan wants the Government Pension Investment Fund and other public funds to lift their home holdings. The goal is to steady bonds and the yen while the BOJ pulls back. Japan’s Policy Split is Deliberate The Government Pension Investment Fund manages about $1.8 trillion, making it the world’s largest. Close to half sits in foreign stocks and bonds, so even a small shift home moves global markets. The push follows earlier calls from lawmakers to invest more at home. That signal landed on hot inflation. Producer prices climbed 7.1% in June, up from 6.6% in May, official data showed. Oil, e
SK Hynix's US debut highlights investor appetite for AI hardware, but geopolitical tensions and market saturation pose future challenges.
The post SK Hynix stock indicated to open at $180, blowing past its $149 IPO price in landmark US debut appeared first on Crypto Briefing.
The post A $1,000 investment in June’s top quantum computing IPO is now worth appeared on BitcoinEthereumNews.com.
While Elon Musk’s other trillion-dollar company drew the bulk of attention, SpaceX (NASDAQ: SPCX) was not the only exciting technology stock to hit the public markets in June 2026. Specifically, the quantum computing company Quantinuum (NASDAQ: QNT) launched on June 4 with an initial public offering (IPO) price of $60 per share, which turned into $68 already at the morning bell but then dipped to $60.38 by the evening. At press time in the July 10 pre-market, however, QNT equity is worth substantially more: $74 following a 0.67% extended session rally from $73.51 at the latest close. Under the circumstances, $1,000 invested at either the IPO price or close to the June 4 closing bell would have turned into $1,233.30 for $233.30 in profits, simultaneously making it a superior investment to SpaceX stock. QNT stock price chart. Source: Google Still, despite offering a strong