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$0.07(2.01%)
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SK Hynix Targets $29.4B U.S. Listing as AI Chip Demand Fuels Investor Interest
📅 17 hours ago

SK Hynix Targets $29.4B U.S. Listing as AI Chip Demand Fuels Investor Interest

SK Hynix is moving closer to a major milestone in the global semiconductor industry. On June 24, 2026, the South Korean memory-chip giant announced plans for a U.S. listing that could raise up to $29.4 billion.  The move comes as demand for AI chips continues to surge worldwide, driven by rapid investment in data centers…

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Indian-Origin CEOs Dominate Global Tech: From Satya Nadella to Sundar Pichai and WhatsApp’s Global Influence
📅 18 hours ago

Indian-Origin CEOs Dominate Global Tech: From Satya Nadella to Sundar Pichai and WhatsApp’s Global Influence

The rise of Indian origin leaders at some of the world’s biggest companies has become one of the defining stories of global business. From Satya Nadella at Microsoft and Sundar Pichai at Alphabet to Neal Mohan at YouTube and Arvind Krishna at IBM, Indian executives now oversee firms worth trillions of dollars. At the center…

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SK Hynix (KRX: 000660) Seeks $29.4B Nasdaq Listing to Fund AI Memory Boom
📅 1 day ago

SK Hynix (KRX: 000660) Seeks $29.4B Nasdaq Listing to Fund AI Memory Boom

On June 24, 2026, SK Hynix announced plans for a massive $29.4 billion Nasdaq listing, marking one of the biggest overseas fundraising efforts by a South Korean company. The move comes as demand for AI-focused memory chips continues to soar worldwide.  As a leading supplier of high-bandwidth memory (HBM) used in advanced AI systems, SK…

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Meta Cuts 8,000 Jobs After Record $56.3B Quarter and $921M Executive Options
📅 1 day ago

Meta Cuts 8,000 Jobs After Record $56.3B Quarter and $921M Executive Options

Meta entered 2026 with strong momentum. The company reported a record $56.3 billion in quarterly revenue and billions in profit, showing the strength of its advertising business. Yet, in a surprising move, Meta announced plans to cut around 8,000 jobs while increasing its focus on artificial intelligence. The decision has drawn even more attention because…

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Qatar Airways Suddenly Ends All Airbus A380 Flights to Australia, Shaking Aviation Market Outlook
📅 1 day ago

Qatar Airways Suddenly Ends All Airbus A380 Flights to Australia, Shaking Aviation Market Outlook

Qatar Airways has permanently retired its Airbus A380 from all Australian routes as of June 2026. The superjumbo last flew the Doha–Sydney route in March 2026 and was originally scheduled to return in September. Instead, Qatar Airways now deploys the Boeing 777-300ER on that corridor. Sydney Kingsford Smith Airport (SYD) was the carrier’s first and…

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Nike Inc (NYSE: NKE) Stock Drops Ahead of Q4 Earnings as Surprise CFO Change Raises Turnaround Questions
📅 1 day ago

Nike Inc (NYSE: NKE) Stock Drops Ahead of Q4 Earnings as Surprise CFO Change Raises Turnaround Questions

Nike Inc chose the worst possible timing for a leadership change. Nike Inc (NYSE: NKE) announced on June 23, 2026, that CFO Matthew Friend will step down effective August 17, to be replaced by David M. Denton as incoming Chief Financial Officer. NKE traded near $45.20 as of June 15, already 44% below its 52-week…

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New Zealand shares -0.26% S&P/NZX 50 Index, Nvidia -4%, AMD -6% Nasdaq Composite -2%, S&P 500 -1%
📅 1 day ago

New Zealand shares -0.26% S&P/NZX 50 Index, Nvidia -4%, AMD -6% Nasdaq Composite -2%, S&P 500 -1%

Global markets faced fresh pressure on June 24, 2026, as a sharp selloff in semiconductor stocks rattled investor sentiment. NVIDIA fell around 4%, while AMD dropped nearly 6%, dragging the Nasdaq Composite down about 2% and the S&P 500 lower by 1%.  The weakness also spread to Asia, with New Zealand’s S&P/NZX 50 Index slipping…

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Bajaj Auto Ltd (NSE: BAJAJ-AUTO) Hit by Ransomware Attack, Shares Down 1.81% at 9,844 INR
📅 2 days ago

Bajaj Auto Ltd (NSE: BAJAJ-AUTO) Hit by Ransomware Attack, Shares Down 1.81% at 9,844 INR

Bajaj Auto Ltd disclosed on June 23, 2026, that a ransomware attack had affected its systems and those of its subsidiary, Bajaj Auto Technology Ltd. The news quickly caught investors’ attention, sending the stock down 1.81% to around ₹9,844 on June 24.  While the company said operations remain protected, the incident highlights the growing cyber…

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Qualcomm Inc (NASDAQ: QCOM) Loses 1.86% to $221.90 as AI Expansion Gains Momentum but Stock Faces Pressure
📅 3 days ago

Qualcomm Inc (NASDAQ: QCOM) Loses 1.86% to $221.90 as AI Expansion Gains Momentum but Stock Faces Pressure

Qualcomm Inc (NASDAQ: QCOM) pulled back 1.86% to $221.90 on June 23, 2026, even as its AI and automotive expansion story grows more concrete by the quarter. The stock trades within a 52-week range of $121.99 to $259.92, reflecting a sharp recovery from lows but still well off its all-time closing high of $250.10 from…

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