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SK Hynix's shares surge 14% in blockbuster US market debut amid AI frenzy
LiveMint - Markets10-Jul-2026 21:26 0thUTC
SK Hynix's shares surged 14% in their Nasdaq debut after a $26.5 billion sale, reflecting investor enthusiasm for semiconductor stocks amid an AI boom.
Global Markets: Shein finally wins China's approval for Hong Kong IPO, in third attempt to go public
Economic Times - Markets10-Jul-2026 21:09 0thUTC
Fast-fashion titan Shein has gained approval for its Hong Kong IPO after previous attempts were blocked. Although the company has faced strict regulatory examination and…
PFC raises USD 300 mn via bonds carrying floating interest rates
Economic Times - Markets10-Jul-2026 21:05 0thUTC
Power Finance Corporation, a state-run entity, has triumphantly secured USD 300 million via bonds that feature floating interest rates. Following the guidelines set by the…
South Korean billionaire's risky bet pays off, as SK Hynix debuts in New York
Economic Times - Markets10-Jul-2026 20:51 0thUTC
South Korean billionaire Chey Tae-won's bold acquisition of SK Hynix has paid off significantly. The company is now a leading producer of high-bandwidth memory chips…
Warsh task force members get an A at the outset, but results will need broad buy-in
Economic Times - Markets10-Jul-2026 20:49 0thUTC
Federal Reserve Chairman Kevin Warsh has enlisted a team of fifteen renowned external experts to spearhead reform task forces. This diverse group features both foreign…
SBI Funds raises ₹1,655 crore in pre-IPO share sale
LiveMint - Markets10-Jul-2026 20:35 0thUTC
Azim Premji's PI Opportunities Fund-II, 360 One, Neo Group, Prashant Jain's 3P India Equity Fund and other marquee investors back India's largest IPO this year…
Recently listed Waterways Leisure Tourism approves 1:10 stock split
LiveMint - Markets10-Jul-2026 20:35 0thUTC
Waterways Leisure Tourism announced a 1:10 stock split, pending shareholder approval, aimed at enhancing liquidity and affordability for retail investors. The stock debuted below its…
Pulse of the Street: Sensex, Nifty rally on TCS earnings after midweek rout
LiveMint - Markets10-Jul-2026 20:31 0thUTC
On Friday, the BSE Sensex jumped 1.08% to close at 77,569.39, while the Nifty 50 gained 1.02% to settle at 24,206.90. The gains built on…
Wall Street banks rule on staff betting on prediction markets, sources say
Economic Times - Markets10-Jul-2026 20:20 0thUTC
In a significant move, major Wall Street banks have revised their employee conduct guidelines. The updated policies impose restrictions on engaging in financial and political…
SpaceX's near-term AI payoff seen tethered to Earth, not outer space
Economic Times - Markets10-Jul-2026 20:18 0thUTC
SpaceX's current value stems from building essential AI infrastructure on Earth. The company is generating significant revenue from terrestrial compute contracts with major clients. These…
Oil heads for weekly gain as Middle East supply risks persist
Economic Times - Markets10-Jul-2026 20:16 0thUTC
On Friday, oil prices saw a modest increase as they aimed for weekly gains. Renewed hostilities between the US and Iran have severely limited shipping…
