South Korean chip maker SK hynix has set pricing for its Nasdaq listing, aiming to raise $26.5 billion by issuing American depositary shares. The offering capitalizes on the surge in demand for AI-related chips.
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Meta's legal team is challenging a $1.4 trillion damages demand from California and three other states, calling the figure "outlandish" and without precedent in consumer protection enforcement.
Motley Fool co-founder Tom Gardner outlines his strategy for long-term investing, emphasizing diversification and AI's role, and reveals five stock picks.
Trump Accounts, approved by Congress last year, allow Americans under 18 to have an investment fund for future adult life expenses. The accounts offer potential government and corporate contributions.
Walmart announced it will lower prices on a variety of items this summer, including groceries and household essentials. The company's statement made no mention of President Trump's claim that the price cuts were made at his administration's request.
Following its IPO, SpaceX stock is now in a 'faith phase' as analysts weigh ambitious future goals against current market performance. The stock saw a nearly 7% drop.
Xbox CEO Asha Sharma announced a significant restructuring involving 3,200 layoffs and the divestment of five internal studios, citing financial declines and a need to refocus on core business.
The U.S. dollar traded near a two-week low as investors scaled back expectations of a Federal Reserve rate hike this year. The Japanese yen remained a focus, near a 40-year low.
Comcast CEO Brian Roberts' plan to spin off NBCUniversal from the company is generating significant speculation in the financial world, with bankers anticipating a wave of potential mergers and acquisitions.
PJM, the largest U.S. power grid operator, has escalated emergency actions due to generator outages, transmission line overload, and high demand from extreme heat.