SK Hynix reported Q2 2026 operating profit of KRW 60.54 trillion, a 557% surge from a year earlier, but missed analyst expectations of KRW 64 trillion, causing shares to slump 9.6% to 13% on the Korea…
Seoul shares turned lower late Wednesday morning, with the KOSPI falling 6.24% to 5,647.65, as investors dumped tech stocks amid concerns over future AI spending. The Korea Exchange activated a sell-s…
Ionic Digital surged 9% on its first trading day on Nasdaq on July 28, with shares opening at $53 and closing higher under ticker IOND. The company, formed from Celsius Network's bankruptcy assets, op…
The Nasdaq fell 1.2% Tuesday as a chipmaker rout deepened on fears of an AI bubble and Chinese competition, with Micron, AMD, Intel, Broadcom, and Nvidia slumping 10%, 8.4%, 7%, 1.8%, and 1%, respecti…
The Nasdaq Composite fell 107.0 points, or 0.43%, to 24,825.072 at the open on Tuesday as AI worries mounted ahead of pivotal earnings, with concerns about hefty corporate spending and rising Chinese …
Applied Digital reported fiscal Q4 2026 revenue of $258.7 million, a 407% year-over-year increase, driven by its pivot from crypto mining to AI-focused data centers. The company has secured approximat…
Galaxy Digital has acquired nearly 500 acres in McGregor, Texas, for a new data center campus focused on AI and high-performance computing, with an investment of over $400 million. The project, called…
Korean stocks opened sharply lower Tuesday, with the KOSPI falling 6.41 percent to 6,322.80, driven by losses in tech shares after a selloff in chipmakers on Wall Street. The Korea Exchange activated …
Applied Digital posted Q4 fiscal 2026 revenue of $258.7 million, a 407% year-over-year increase, and adjusted earnings of $0.04 per diluted share, beating Wall Street estimates. The AI data center com…
SK Hynix raised $26.5 billion in a Nasdaq listing on July 10, pricing 177.9 million American depositary shares at $149 each, in what is described as one of the largest US share sales ever by a foreign…
The Nasdaq Composite fell 2.15% on July 23 after Alphabet and Tesla earnings revived concern about heavy AI spending, while surging oil prices added inflation pressure. Alphabet reported $119.8 billio…
Trust Stamp, the Nasdaq-listed AI biometric identity firm, has been selected as a direct participant in the European Union's Important Project of Common European Interest on Advanced Semiconductor Tec…
The tech-heavy Nasdaq fell 0.6% on Friday as investors sold chip stocks on worries about massive AI spending ahead of megacap earnings reports from Microsoft, Amazon.com, Meta and Apple. The Philadelp…
The London Stock Exchange Group (LSEG) announced LSE 24, a separate venue running from 17:00 to 07:50 London time Monday to Friday, designed for algorithmic and agent-based trading, with client testin…
U.S. stocks fell to multi-week lows on Thursday, led by the tech-heavy Nasdaq, due to jitters about the durability of the AI capex spree, as Alphabet reported negative free cash flow for the first tim…
Wall Street fell sharply on Thursday, with the Nasdaq sinking more than 2%, as earnings from Alphabet and Tesla revived concerns about heavy AI spending, while Brent crude oil futures settled above US…
Mobileye founder Amnon Shashua is stepping down as CEO, ending an era for the autonomous driving company that Intel acquired for $15.3 billion in 2017. The planned leadership transition, announced Jul…
CoreWeave CFO Nitin Agrawal sold approximately $5.96 million in Class A common stock after restricted stock units vested around June 12, a routine post-IPO liquidity move that has drawn investor atten…
SK Hynix completed the largest U.S. share sale by a foreign company in history, raising $26.5 billion as its American depositary receipts began trading on Nasdaq, with shares surging 13% on the first …
Axiom Biosciences, a US biotech firm using AI to develop therapies for newborns with severe brain injuries, plans to raise at least US$200 million through an IPO in Hong Kong in 2027, followed by a se…