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() -- The Standard & Poor's 500 index rose 1.2% this week, lifted by a fresh burst of AI enthusiasm amid geopolitical jitters as Washington and Tehran resumed high-stakes negotiations. The S&P 500 ended Friday's session at 7,575.39, securing a second straight weekly advance. The gauge has gained 1% in July and is up 11
() -- SK Hynix (SKHY, SKHYV) was rallying 14% on Friday as the South Korean chipmaker listed its American depositary shares on the Nasdaq in what will likely be the second-largest share sale in the US. SK Hynix opened trade at $170 and moved as high as $177, having priced its initial public offering of 177.9 million AD
Western Digital Corp. (NASDAQ: WDC ) saw its stock climb in early trading on Monday. The gains come as the broader artificial intelligence hardware trade reignited, prompting a rebound across the data storage and memory sectors following a sharp selloff late last week. Nasdaq futures are up 1.27% while S&P 500 futures
South Korea's KOSPI index suffers a near-vertical drop, plunging 10% before rebounding 2% the next day, driven by weakness in Samsung and SK Hynix stocks