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Why is Semiconductor Manufacturing International stock surging today? Source link
SpaceX President and Chief Operating Officer Gwynne Shotwell celebrates with family and other SpaceX employees at the Nasdaq Marketsite in in New York after the SpaceX initial public offering on June 12, 2026.Spencer Platt | Getty Images News | Getty ImagesDays after Elon Musk’s SpaceX made its debut on the Nasdaq, much ink has been spilt over the company, the valuation, and its place in the burgeoning tech space. The company’s stratospheric IPO has made founder Elon Musk the world’s first trillionaire, and if the first day’s price action is anything to go by, investors are still very optimistic. SpaceX…
Asia hedge funds notch triple-digit gains in AI-led rally Source link
SK Hynix Inc. 12-layer HBM3E memory chips, front, and a LPDDR5X CAMM2 memory module arranged at the company’s office in Seongnam, South Korea, on Tuesday, April 22, 2025.SeongJoon Cho | Bloomberg | Getty ImagesAsian tech stocks surged Monday, as investors cheer news that Iran and the U.S. have reached a deal to end the Middle East conflict. Japanese tech investor SoftBank was the best performer among major tech stocks in Asia, rising over 12%. Tokyo Electron and Advantest added 9.19% and 7.69% respectively. Memory chip behemoths and heavyweights on South Korea’s Kospi Index, Samsung Electronics and SK Hynix gained 4.65% and 6.42%, respectively. Taiwan…
With smooth SpaceX debut, Wall Street sets new template for mega IPOs Source link
The American flag flies behind a Wall Street sign near the New York Stock Exchange (NYSE) in New York City on April 22, 2026. Angela Weiss | Afp | Getty ImagesAsian stocks rallied Monday while oil prices tumbled after the U.S. and Iran agreed to a peace deal aimed at ending nearly four months of conflict, prompting investors to unwind some of the geopolitical risk premium that has dominated markets since February.The strongest reaction was seen in energy markets. U.S. crude oil futures for July delivery were down 4.77% to $80.83 per barrel by 8:27 p.m. ET. Brent futures, the…
Anthropic disables top-tier AI models after US order limiting foreign access Source link
Keir Starmer, UK prime minister, left, works with Sanae Takaichi, Japan’s prime minister, at 10 Downing Street in London, UK, on Sunday, June 14, 2026. Andy Rain | Bloomberg | Getty ImagesWorld leaders welcomed the U.S.-Iran agreement to end the Middle East war, with some European nations reportedly signaling they were prepared to lift sanctions on Tehran in exchange for the country taking steps to curb its nuclear program.After more than three months of war, the U.S. and Iran reached a deal on Sunday that would bring an immediate and permanent end to the conflict, according to Pakistan’s Prime Minister…
Shares jump, oil skids in Asia on news of Gulf deal Source link
White wants endometriosis diagnosis and treatment waiting times to be prioritised by the NHS. Source link