SK Hynix files confidentiality for U.S. listing as it rides intense demand for AI memory chips
SK Hynix has made a confidential filing for a potential listing in the U.S. this year, as the company looks to expand production.
Oil drops more than 5% as Trump signals Iran talks despite Tehran denial
Oil prices fell 5% after Donald Trump that Washington and Tehran are “in negotiations right now” and indicated Iran is keen to reach a peace agreement.
Asia-Pacific markets open higher as Trump comments signal Iran war de-escalation
Trump said he decided to back off from his recent threat to order strikes on Iranian energy infrastructure “based on the fact we’re negotiating.”
Democrat projected to win Florida House seat representing Trump, Mar-a-Lago
The projected victory by Emily Gregory would flip control of Florida House District 87 from Republicans.
Arm stock pops 6% as CEO Haas issues $15 billion revenue expectation for new chip
Arm unveiled its first in-house chip on Tuesday at an event in San Francisco, with Meta as the initial customer.
Watch Venezuela opposition leader María Corina Machado address oil and gas executives in Houston
Machado’s remarks come as the oil industry remains hesitant to invest in Venezuela after the U.S. ousted former President Nicolas Maduro.
OpenAI raises additional money to bring record funding round to $120 billion, CFO tells Cramer
The fresh capital brings OpenAI’s historic fundraise to $120 billion, exceeding the ChatGPT creator’s initial target of $100 billion.
Stock futures rise on report that the U.S. has sent Iran a plan to end the war: Live updates
The New York Times reported late Tuesday that the U.S. has shared a plan with Iran to end the conflict, raising traders’ hopes that the war could conclude soon.
Amazon acquires ‘approachable’ humanoid maker Fauna Robotics
Fauna’s first product, called Sprout, is a $50,000 bipedal robot that’s 3.5 feet tall and designed to be “approachable and human-friendly.”
OpenAI shutters short-form video app Sora as company reels in costs
OpenAI said it’s closing Sora, the short-form video app that went viral after its launch six months ago