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The tech companies, chips and platforms moving indexes and reshaping the economy.

SpaceX's AI Revenue Could Hit $28 Billion a Year From Data Centers, Not Space
Tech

SpaceX's AI Revenue Could Hit $28 Billion a Year From Data Centers, Not Space

SpaceX's AI ambitions may sound space-focused, but analysts see near-term money in ground-based data centers. Colossus compute deals could t

Eleanor Whitfield ·
SK Hynix's Nasdaq Debut Gets Options Listing Two Days After Start
Tech

SK Hynix's Nasdaq Debut Gets Options Listing Two Days After Start

Cboe Global Markets plans to list options on SK Hynix's new US shares just two business days after the chipmaker's Nasdaq debut. The move gi

Eleanor Whitfield ·
SpaceX Stock Still Above IPO Price, But Near-Term Catalysts Fade
Tech

SpaceX Stock Still Above IPO Price, But Near-Term Catalysts Fade

SpaceX stock is still trading above its $135 IPO price, but the biggest near-term catalysts are behind it. Index-fund buying and analyst upg

Marcus Devlin ·
SK Hynix's $26.5B Nasdaq Debut Puts AI Chip Sentiment to the Test
Tech

SK Hynix's $26.5B Nasdaq Debut Puts AI Chip Sentiment to the Test

Wall Street is watching SK Hynix's $26.5 billion Nasdaq debut, the largest chip IPO in years. The listing could set the tone for AI-related

Marcus Devlin ·
SK Hynix's $26.5 Billion Nasdaq Debut Draws Massive Investor Demand
Tech

SK Hynix's $26.5 Billion Nasdaq Debut Draws Massive Investor Demand

SK Hynix's US stock debut raised $26.5 billion, with demand seven times the shares on offer. The strong reception came even as US futures we

Eleanor Whitfield ·
SK Hynix's $26.5B Nasdaq Debut Rewards a Decade-Long Bet on AI Memory Chips
Tech

SK Hynix's $26.5B Nasdaq Debut Rewards a Decade-Long Bet on AI Memory Chips

SK Group chairman Chey Tae-won rings the bell for SK Hynix's Nasdaq listing on Friday, a $26.5 billion payoff for a decade-long gamble on hi

Marcus Devlin ·
SK Hynix Nasdaq Debut Tests AI Chip Rally as $26.5B ADR Sale Sees Heavy Demand
Tech

SK Hynix Nasdaq Debut Tests AI Chip Rally as $26.5B ADR Sale Sees Heavy Demand

SK Hynix's Nasdaq debut puts the AI chip rally to the test after a $26.5 billion ADR sale. The deal was oversubscribed more than seven times

Marcus Devlin ·
SK Hynix IPO Allocations Fall Short for Some Big Investors Despite Heavy Demand
Tech

SK Hynix IPO Allocations Fall Short for Some Big Investors Despite Heavy Demand

Some anchor investors in SK Hynix's $26.5 billion Nasdaq IPO received fewer American depositary receipts than they wanted, missing out on ab

Eleanor Whitfield ·
SoftBank and PayPay in Talks to Invest Billions in Seven & i, Bringing AI and Robots to 7-Eleven
Tech

SoftBank and PayPay in Talks to Invest Billions in Seven & i, Bringing AI and Robots to 7-Eleven

SoftBank and PayPay are in talks to invest several hundred billion yen in Seven & i, according to Bloomberg. The plan would bring AI tools a

Marcus Devlin ·
SK Hynix ADR Debuts on Nasdaq: What Investors Should Watch
Tech

SK Hynix ADR Debuts on Nasdaq: What Investors Should Watch

SK Hynix's American depositary receipts start trading on the Nasdaq today, priced at $149 each—a 3% premium over its Korean shares. The list

Eleanor Whitfield ·
Beijing Orders Meta to Unwind $2 Billion Manus AI Deal, Tencent Steps In
Breaking

Beijing Orders Meta to Unwind $2 Billion Manus AI Deal, Tencent Steps In

Beijing has ordered the reversal of Meta's $2 billion acquisition of AI startup Manus. Tencent is reportedly in talks to lead a new $2 billi

Eleanor Whitfield ·
US Pressures Samsung and SK Hynix to Build AI Memory Chip Plants in America
Tech

US Pressures Samsung and SK Hynix to Build AI Memory Chip Plants in America

The US is urging South Korea's Samsung and SK Hynix to manufacture AI memory chips domestically. SK Hynix is preparing a Nasdaq debut, while

Eleanor Whitfield ·