Sk Hynix on MacWorks

2026-07-10

Mon, 01 Jan 0001 00:00:00 +0000

Sources

Bloomberg — 2026-07-10#

Lead Story#

SK Hynix Inc. pulled off a historic $26.5 billion American depositary receipt offering, marking the largest-ever US first-time share sale by a foreign company. The South Korean memory chipmaker’s shares were indicated to open 21% above their offering price, immediately unleashing a fresh wave of leveraged ETFs onto Wall Street. Bolstered by the blockbuster tech debut, SK Group Chairman Chey Tae-won signaled the conglomerate’s willingness to issue more shares and pledged a “much, much bigger” investment plan for the United States.

2026-07-09

Mon, 01 Jan 0001 00:00:00 +0000

Sources

Bloomberg — 2026-07-09#

Lead Story#

The US military struck Iranian targets for a second consecutive day, prompting retaliatory strikes against American allies in the Persian Gulf and threatening to derail a fragile ceasefire. The sudden escalation forced shipping traffic through the critical Strait of Hormuz to grind to a near halt, rattling global oil markets and raising the specter of prolonged energy supply disruptions. Oil exporters and marine insurers are now bracing for continued volatility as the tit-for-tat violence casts profound doubt on the prospects for a permanent peace agreement.