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Global Market: ASML raises 2026 outlook as AI boom drives strong earnings, plans capacity expansionASML raised its 2026 revenue guidance to €43-45 billion, up from €36-40 billion, after beating Q2 estimates on surging AI chipmaking demand...
Chipmaker CXMT eyes $9.8 bn in blockbuster China IPOChina's leading memory chipmaker ChangXin Memory Technologies is seeking billions in an IPO. This move aims to bolster the nation's artific...
Global Market: European shares slip as AI chip rally fails to offset Middle East concernsEuropean shares dipped slightly as Middle East tensions grew. Technology stocks advanced, boosted by ASML's positive financial forecasts. L...
Global Market: SK Hynix jumps 13% as easing US inflation, AI memory optimism lift chip stocksSouth Korean semiconductor shares experienced a significant surge on Wednesday. This rally was fueled by softer U.S. inflation data and ren...
Explained: Why South Korea's Kospi jumped 7% despite escalating Middle East tensionsSouth Korea's benchmark Kospi surged 7% on Wednesday, extending its rally for a second session as softer-than-expected US inflation data an...
Millworks Technologies SME IPO opens today; GMP surges 120% ahead of subscriptionThe three-day public offering of Millworks Technologies Limited will remain open from July 14 to July 16, 2026, as the company looks to rai...
Millworks Technologies SME IPO opens July 14; GMP soars 120% ahead of issueMillworks Technologies will launch its BSE SME IPO on July 14, 2026, aiming to raise Rs 160.33 crore. The company operates in precision eng...
Stocks priced for ‘sunshine and rainbows’ now face earnings testWall Street enters the second-quarter earnings season with expectations near record highs, leaving companies with little room for disappoin...
Global Market: European shares edge higher as miners, airlines offset tech weakness; benchmark set for weekly lossEuropean shares saw minimal change as mining and travel stocks gained. Technology shares declined, weighing on the broader market's perform...
Global Market: SK Hynix's Nasdaq ADR debut raises $26.5 billion amid AI chip boomSouth Korean chipmaker SK Hynix successfully raised $26.5 billion through its ADR offering. This significant fundraising highlights robust ...
Global Market Today: Asian stocks rise following chip rally, oil slipsAsian stocks climbed as investors favored semiconductor shares due to AI demand. Oil prices declined as energy supply disruption fears ease...
Global Markets: Japan's Nikkei rebounds as AI shares gain, oil tempers broader moodJapan's Nikkei share average rebounded on Thursday after a three-day losing streak. AI-related shares tracked gains in the U.S. technology ...
SK Hynix's $28 billion US share sale draws more than seven times demand: ReportsSK Hynix's proposed $28 billion share sale in the US saw demand exceed offerings by seven times. This strong investor response highlights s...
Global Market: European shares decline as Middle East tensions weigh; airlines, autos lead lossesEuropean shares declined on Wednesday as renewed Middle East tensions and higher oil prices weighed on investor sentiment, while technology...
Japan's Nikkei falls in volatile trade as tech tracks Nasdaq selloffJapan's Nikkei share average declined in choppy trade on Wednesday. Technology stocks faced pressure after overnight losses on the Nasdaq i...
European shares flat as AI caution prevails; focus on defence stocksEuropean shares remained flat as elevated AI stock valuations prompted caution. Technology stocks led declines, tracking a glum mood in glo...
SK Hynix's $28 billion US IPO to test its $1 trillion AI rally. Here's howSK Hynix has launched a US share sale targeting about $28 billion through a Nasdaq listing, capitalising on AI-driven investor demand. The ...
SK Hynix makes US debut with $29-billion listingSouth Korean chipmaker SK Hynix is making a massive $29 billion US stock market debut, aiming to boost its valuation and compete with rival...
Sumitomo Chemical shares soar 11%, record biggest single-day surge in nearly 2 years. Here’s whySumitomo Chemical India shares surged around 11% as heavy volumes and a major development at its Japanese parent’s Korean subsidiary lifted...
US Stocks: Micron, Intel and other chip stocks fall up to 11% after record-breaking rallyChip stocks experienced a significant downturn, with major AI rally leaders seeing sharp profit-taking after a record quarter. The VanEck S...