Author: franperez66q@protonmail.com
A visitor walks past the logo of SK hynix during the Korea Electronics Show 2025 at the COEX convention and exhibition centre in Seoul on October 22, 2025. Jung Yeon-je | Afp | Getty ImagesSK Hynix, South Korea’s most valuable company, plans to raise around $29 billion on the Nasdaq by issuing American depositary receipts (ADRs), according to the firm’s regulatory filing.The company plans to issue 17.79 million new shares at a value of 45.45 trillion won ($29.65 billion).SK Hynix said it expects to start trading on July 10, but added that the dates were tentative and subject to change. The…
Energy stocks slide as oil prices drop on Hormuz tanker movement Source link
“I was very uncertain if it would ever happen when we first looked at the proposal, because I think—and the science center admits this—they really had no idea what was involved in trying to make a vertical display of a space shuttle stack,” said Dennis Jenkins, a former space shuttle engineer who led the preparation and delivery of the orbiters for their museums before becoming the project director for the Samuel Oschin Air and Space Center. “We weren’t sure that it could be done anywhere other than at a [NASA] specialized facility. Doing it out in the middle of a…
Newly-appointed health secretary James Murray says he will back Andy Burnham as candidate for Labour leader and PM. Source link
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.The writer is a fellow at the Carnegie Russia Eurasia Center in BerlinThe west looks for signs of Russian President Vladimir Putin’s weakness in the form of a high-profile split in the elite, or falling popularity ratings as the public mood sours. Yet while the regime is under real pressure, it remains resilient. The erosion that matters is easier to miss — perhaps even a little dull. Fiscal discipline slipped long ago, and now budgetary processes and parliamentary checks are also being…
IOWA — Connie Klug didn’t leave the Republican Party. The party left her, she said.She was raised in the GOP, considers herself a fiscal conservative and married a registered Republican.But decades ago, Klug said, she felt the party drifting. The isolation she felt intensified more recently, as she watched her former political comrades turn a blind eye to what she views as President Donald Trump’s abuses of power.”It’s astonishing to me how the Republican Party is just looking the other way. Trump continues to stretch the law, and no one’s doing anything,” Klug said from the kitchen of her home…
OpenAI unveils custom chip it designed with Broadcom to boost its AI infrastructure Source link
Jakub Porzycki | Nurphoto | Getty ImagesOpenAI and Broadcom on Wednesday unveiled their debut custom chip, called Jalapeño, marking the ChatGPT maker’s first entry into artificial intelligence silicon. The chips will be made by Broadcom and used by OpenAI for inference, the compute-intensive process of serving its AI models to users in ChatGPT and other applications. It’s a major step in OpenAI’s plan to “build the full stack behind its models and products,” according to the press release.”By designing more of the stack ourselves, we can serve more intelligence with greater efficiency and keep pushing advanced AI toward broader access,”…
The Treasury Department will oversee Iranian funds when they are released under President Donald Trump’s interim Iran agreement, Treasury Secretary Scott Bessent said Wednesday on CNBC’s “Squawk Box.””A very large percentage of it will go to buy U.S. foodstuffs and medicines,” Bessent said, repeating what the president had said about how the unfrozen funds will be spent.The administration’s pledge has already run into a competing account from Tehran. Iranian officials on Tuesday rejected the idea that Washington or its partners would dictate how Iran spends unfrozen assets, saying any agricultural purchases would be based on price and quality rather than…
Dollar Extends Gains Without Support Of Higher Rates Source link