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SK Hynix (KRX: 000660) Seeks $29.4B Nasdaq Listing to Fund AI Memory Boom
📅 3 hours 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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Crypto Prices Today: Bitcoin Near $62,557, ETH Below $1,800 After Nasdaq Rout
📅 3 hours ago

Crypto Prices Today: Bitcoin Near $62,557, ETH Below $1,800 After Nasdaq Rout

Crypto markets extended their decline on June 24 as investors reduced exposure to risk assets following a sharp selloff in technology stocks. Bitcoin traded near $62,557, while Ethereum remained below the key $1,800 level, reflecting broader weakness across digital assets. The latest drop came as the Nasdaq suffered one of its biggest declines in weeks,…

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FTSE 100 Swings Higher by 0.09% as DAX Falls 0.65% on Tech Rout
📅 4 hours ago

FTSE 100 Swings Higher by 0.09% as DAX Falls 0.65% on Tech Rout

European markets delivered a mixed performance on Wednesday as investors balanced a sharp global technology selloff against easing geopolitical concerns in the Middle East. The FTSE 100 managed to stay in positive territory, while Germany’s DAX came under pressure from weakness in technology and semiconductor stocks. Market participants also monitored political developments in the UK…

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ByteDance in Talks with Banks for $20B Offshore Loan, Bloomberg Reports Major Funding Move
📅 4 hours ago

ByteDance in Talks with Banks for $20B Offshore Loan, Bloomberg Reports Major Funding Move

ByteDance, the parent company of TikTok, is reportedly exploring one of the biggest funding deals in the global technology sector this year. The Chinese tech giant is in early discussions with lenders for a $20 billion offshore loan, a move that could significantly strengthen its financial position as competition in artificial intelligence intensifies. The development…

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Meta Cuts 8,000 Jobs After Record $56.3B Quarter and $921M Executive Options
📅 4 hours 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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ASX Midday: IT Stocks Surge 5%, BrainChip -1%, Energy Sector -2%, Woodside -1% Update
📅 8 hours ago

ASX Midday: IT Stocks Surge 5%, BrainChip -1%, Energy Sector -2%, Woodside -1% Update

The ASX traded mixed at midday as investors poured money into technology stocks while reducing exposure to energy companies. The information technology sector emerged as the strongest performer, rising nearly 5%, while the energy sector fell more than 2% amid weakness in oil prices. ASX Technology Stocks Power Higher as Investor Demand Strengthens Technology shares…

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Nvidia AI Chip Demand in China Sends Black Market Prices Soaring Over 100%
📅 10 hours ago

Nvidia AI Chip Demand in China Sends Black Market Prices Soaring Over 100%

China’s race to build artificial intelligence models is creating an unexpected market boom for restricted chips. The NVIDIA AI Chip has become one of the most sought-after technology products in China, with some high-end systems now selling for more than double their original prices. Rising AI demand, tighter export controls, and shrinking supply routes have…

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Bitcoin Drops 1.2% Below $64K Amid Persistent Institutional Selling and Fed Rate Concerns
📅 1 day ago

Bitcoin Drops 1.2% Below $64K Amid Persistent Institutional Selling and Fed Rate Concerns

Bitcoin slipped below the $64,000 mark in late June 2026, extending a period of market uncertainty driven by institutional selling and concerns over U.S. interest rates. The world’s largest cryptocurrency has struggled to regain momentum as investors weigh the impact of Federal Reserve policy and slowing demand from major market participants.  With Bitcoin approaching key…

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MCX Gold Drops 1.05%, MCX Silver Tanks 2.85% Amid Rising US Fed Rate Hike Expectations 
📅 1 day ago

MCX Gold Drops 1.05%, MCX Silver Tanks 2.85% Amid Rising US Fed Rate Hike Expectations 

MCX Gold and MCX Silver are under sharp selling pressure on June 23, 2026. Gold (GOLD) futures fell 1.05% to ₹1,47,818 per 10 grams on the Multi Commodity Exchange. Global gold prices slipped below $4,150 per ounce as firm expectations of a Fed rate hike outweighed optimism from US-Iran peace talks. MCX Silver led the…

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