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Tech Stocks Go From Red to Green
The Wall Street Journal30d agoneutral
Tech Stocks Go From Red to Green

MARKETS PM NEWSLETTER This is an edition of the Markets P.M. newsletter, a recap of the day’s most important markets moves, delivered after the closing bell. If you’re not subscribed, sign up here. What Happened in Markets Today Tech stocks rallied back after fizzling before the holiday.

Get Ready for SpaceX’s Grand Nasdaq-100 Entrance
The Wall Street Journal30d agoneutral
Get Ready for SpaceX’s Grand Nasdaq-100 Entrance

SpaceX's stock has been on a wild ride since its IPO last month. But buckle up: More big moves could be ahead. Elon Musk's rocket company will officially join the Nasdaq-100 index tomorrow, following Nasdaq's decision to fast-track newly public megacap companies under new inclusion rules.

Bloomberg30d agoneutral
Brookfield’s Data Center Firm Csquare Seeks $1.35 Billion in IPO

(Bloomberg) -- Csquare Inc., a data center company backed by Brookfield Corp., is seeking to raise as much as $1.35 billion in a US initial public offering.Most Read from BloombergGreece Offers Bounty to Catch Ravenous Fish Lured by Warming SeaOil, Gas Tankers Cross Hormuz Via Oman-Side Route After U-TurnsThe Tanker Tycoon Making Millions on Hormuz Shuttle RunsModi’s Flagship Biofuel Push Faces Backlash From MotoristsOil’s Supply Wave, Tumbling Prices Rekindle Fears of Global GlutThe company is

SK Hynix Trims Fundraising Target for U.S. Listing to $28 Billion
The Wall Street Journal30d agoneutral
SK Hynix Trims Fundraising Target for U.S. Listing to $28 Billion

The world’s second-largest memory chip maker said in a regulatory filing with the Korea Exchange on Monday that it is seeking to raise 43.141 trillion won, equivalent to $28.21 billion, by issuing American depositary receipts on the Nasdaq. Despite the downward revision, the deal would still rank among the biggest share sales in history, second only to SpaceX’s record initial public offering raising $75 billion last month. SK Hynix said it would use the offering’s proceeds to expand chip-making facilities in South Korea and purchase chip-making equipment such as ASML’s extreme ultraviolet scanners.

Bloomberg30d agoneutral
Memory Chipmaker SK Hynix Kicks Off $28 Billion US Listing

(Bloomberg) -- SK Hynix Inc. kicked off its formal marketing process for its US listing on Monday, as the South Korean chipmaker looks to capitalize on surging investor demand for the high-flying memory-chip sector.Most Read from BloombergGreece Offers Bounty to Catch Ravenous Fish Lured by Warming SeaOil, Gas Tankers Cross Hormuz Via Oman-Side Route After U-TurnsThe Tanker Tycoon Making Millions on Hormuz Shuttle RunsModi’s Flagship Biofuel Push Faces Backlash From MotoristsOil’s Supply Wave, T

SpaceX Is About to Join the Nasdaq-100. Here’s How Exposed You’ll Be.
The Wall Street Journal30d agoneutral
SpaceX Is About to Join the Nasdaq-100. Here’s How Exposed You’ll Be.

SpaceX will officially join the Nasdaq-100 on Tuesday, and investors holding some funds tied to the index will end up exposed whether they like it or not. Mutual and exchange-traded funds with a collective $800 billion in assets under management that track Nasdaq’s flagship tech index, including the popular ETF, are set to buy SpaceX shares at Monday’s closing price in order to mirror the index’s performance.

SpaceX’s Telecom Dreams
The Wall Street Journal31d agoneutral
SpaceX’s Telecom Dreams

Plus: The end of Anthropic’s Fable ban, high-earner families explore alternative schools, how data-center water use is actually higher than reported and more

Amazon is finally taking the fight to Starlink
TheStreet33d agoneutral
Amazon is finally taking the fight to Starlink

Every monopoly looks permanent right up until it isn't. Standard Oil looked untouchable. AT&T (T) owned the telephone for most of a century. In markets, dominance is usually a lease rather than a deed, and the rent comes due the moment a competitor with deeper pockets decides the prize is worth ...