Global Finance News

SK Hynix Plans $29.4B Nasdaq DR Offering for Fab and Packaging Investments

① SK Hynix plans to issue depositary receipts on the Nasdaq Global Select Market to raise approximately $29.4 billion, with the related securities expected to begin trading on the U.S. stock market on July 10. ② The company stated that the proceeds will be used entirely for facility investments, including the construction of the first-phase

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KNDS N.V. Launches IPO to List in Frankfurt and Paris

① Franco-German armaments manufacturer KNDS N.V. has announced the launch of IPO proceedings and plans to list in Frankfurt and Paris within the coming weeks. ② The IPO will easily rank among the largest listings in Europe in recent years, reshaping the shareholding structure of one of Europe’s most strategically significant defense companies. June 24

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Goldman Sachs: AI Investment Boom Not Yet Peaked, Tech Investment Intensity Surpasses Dot-Com Era

① U.S. technology investment as a share of GDP has risen to approximately 4.9%, cloud vendors’ capital expenditure expectations for this year continue to be significantly revised upward, and AI infrastructure demand remains in expansion. ② Corporate operating conditions have not yet repeated the imbalances of the late 1990s, and AI supply chain profitability still

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Tech Stocks Rebound as SK Hynix Plans US ADR Offering, Samsung May Announce Buyback, Apple to Mass-Produce Foldable iPhone

① SK Hynix plans to issue ADRs in the US to raise $29 billion. ② Samsung may announce a share buyback worth 90 trillion Korean won for bonus payouts. ③ Apple is reported to begin mass production of its first foldable iPhone in late July. June 24 (Wednesday) — US stock index futures rose, with

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Brent Crude Falls Below $75 for First Time Since Iran War as Tankers Resume Hormuz Transits

① As multiple VLCCs and LNG carriers resume transiting the Strait of Hormuz, market confidence in the recovery of Middle East energy transportation continues to strengthen, with Brent crude falling below $75 for the first time since the outbreak of the Iran war. ② Although uncertainty remains over US-Iran negotiations, the recovery of shipping, expectations

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OpenAI and Broadcom Unveil Custom AI Chip Jalapeño, Entering Testing Phase

OpenAI and Broadcom have jointly developed a custom AI chip named Jalapeño, which has now entered the testing phase. Early data indicates that its performance per watt is expected to significantly outperform current advanced levels, while achieving approximately 50% cost savings compared to typical AI GPUs. As the chip is set to be integrated into

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Gold Price Falls Below $4,000 for First Time Since November 2025 as Strong Dollar and Rate Hike Expectations Weigh on Bullion

① Gold prices have retreated more than 20% from their January record high, with several Wall Street institutions lowering their year-end and fourth-quarter target prices. ② Gold ETF outflows continue, while central bank gold purchases remain one of the few sources of demand with sustained support in the market. June 24 — On Wednesday, spot

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Wendy’s Shares Surge 42% as Reddit’s WallStreetBets Calls for Rescue

Wendy’s (WEN) shares surged as much as 42% in early trading on Wednesday, marking the largest single-day gain since March 2020. The last time the stock reached this level was on November 7, 2025. The surge occurred without any major official news. Analysts believe the catalyst was a post in the WallStreetBets section of Reddit,

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Take-Two Announces GTA VI Pre-Orders and November 19 Release Date

① Take-Two announced that GTA VI will open pre-orders and is scheduled for release on November 19. The market expects it to become the largest entertainment product launch in history, with the pre-order phase potentially surpassing the industry record set by its predecessor and maintained for 13 years. ② Of greater interest is that the

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Zoox unveils next-generation robotaxi ahead of paid commercial launch

Amazon-owned autonomous driving company Zoox unveiled its “next-generation” robotaxi with a distinctive design on Wednesday, further enhancing passenger experience and production readiness ahead of a larger-scale U.S. market rollout planned for later this year. The company said the new version will feature higher-quality in-car touchscreens, more comfortable seats and headrests, and refined interior layout details

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