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SK Hynix rises 14% in debut on Wall Street as demand for memory chips soars amid AI frenzy
NEW YORK (AP) — Shares of South Korean memory chipmaker SK Hynix rose 14% as they made their debut on Wall Street, at a time when demand for chips is surging thanks to the frenzy around artificial intelligence.The company is already one of the largest in South Korea, along with Samsung Electronics, and is a member of the Kospi index. Even with a recent pullback, the country's Kospi index is up 77% so far this year and SK Hynix shares have more than tripled.
SK Hynix priced its American depositary receipts, or ADRs, at $149 each Thursday and they opened Friday at $170... Read More
Stocks and oil prices drift, while South Korean AI darling SK Hynix leaps in its Wall Street debut
NEW YORK (AP) — U.S. stocks and oil prices are drifting toward a quiet finish of the week Friday following their earlier fireworks on worries about how the war with Iran will affect the global flow of crude.The S&P 500 was virtually unchanged in midday trading and on track to close out its fourth winning week in the last five. The Dow Jones Industrial Average was up 101 points, or 0.2%, as of 11:45 a.m. Eastern time, and the Nasdaq composite was 0.2% lower.
Oil prices eased following earlier fluctuations as a series of unclaimed airstrikes hit Iran after the United... Read More
Trump will let bipartisan housing bill become law without signing in protest over GOP voter ID law
WASHINGTON (AP) — President Donald Trump will let the bipartisan housing bill approved by Congress become law without his signature, saying Friday that he was refusing to put his name on it because of the little progress made in passing a strict voter ID bill that he has been pushing.“I will not sign the Housing Bill, which has been fully approved by Congress and sent to the White House, in PROTEST over the fact that the United States Senate is not capable of passing THE SAVE AMERICA ACT,” Trump posted on social media.
Trump had 10 days until the Friday deadline... Read More
2 transgender girls drop New Hampshire lawsuit after Supreme Court ruling, personal hardships
CONCORD, N.H. (AP) — Two transgender girls who were the first to challenge President Donald Trump’s executive order, “Keeping Men Out of Women’s Sports,” have withdrawn their lawsuit in New Hampshire based on a recent U.S. Supreme Court ruling that upheld state bans on transgender athletes in girls' sports and their own personal hardships, their lawyer said.“This case was always about two courageous young girls who simply wanted the same opportunities as their peers to participate in school life,” their lawyer, Chris Erchull of GLAD Law, said in a statement Thursday... Read More
Fatal shooting during Houston traffic stop renews public scrutiny of ICE
HOUSTON (AP) — Federal officials are refusing to release the name of the Immigration and Customs Enforcement officer who fatally shot a Mexican man during a traffic stop in Houston, and scrutiny of the shooting is growing especially after authorities said the man killed was not the person ICE was trying to find.The shooting in Houston has revived critical voices deriding the Trump administration’s immigration crackdown and how ICE operates, especially after immigration arrests around the country surged to 10,000 over a recent five-day period, fueled in part by massive... Read More
Top Stories
- Stocks and oil prices drift, while South Korean AI darling SK Hynix leaps in its Wall Street debut
- Trump will let bipartisan housing bill become law without signing in protest over GOP voter ID law
- Many US Jewish adults have experienced assault or harassment over the past year, AP-NORC poll finds
- Donald Trump ousts election commission members in latest push to reshape US voting process
- Lawyers for man charged with killing Charlie Kirk question reliability of evidence
- Family of Mississippi teen who died after July 4 trip to call for transparency, deeper investigation
- It's a mystery who launched the latest airstrikes against Iran
- Wildfire devastates an expat community in southern Spain, killing at least 12 with 23 missing
- A US license could let Ukraine produce Patriot missiles, but it wonât be simple or quick
- China takes a page from SpaceX and recaptures the first stage of a rocket to reuse it
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Entertainment
- Community screenings help a movie set during an Indian insurgency bypass censorship
- In any language: English speakers are tuning into World Cup broadcasts in Spanish
- Behind Christopher Nolanâs 6-country epic undertaking to bring âThe Odysseyâ to the big screen
- Bare skin, fantasy and the machine: 3 takeaways from Paris' starry couture week
Sports
- 2 transgender girls drop New Hampshire lawsuit after Supreme Court ruling, personal hardships
- Zverev ends Fery's run at Wimbledon and will play for 2nd straight Grand Slam title
- FIFA has nearly 1,200 tickets on sale for World Cup final at $7,380
- Portugal hires Jorge Jesus as its new coach after disappointing World Cup