Micron and other chip stocks feel the pain of imported volatility — blame SK Hynix
The SOX chip index was suffering a unanimous selloff, after SK Hynix’s stock had its worst day in 18 years in South Korea trading.
The SOX chip index was suffering a unanimous selloff, after SK Hynix’s stock had its worst day in 18 years in South Korea trading.
Graham Platner, Democratic US Senate candidate for Maine, during a primary election night event at the Blue Hill YMCA in Blue Hill, Maine, US, on Tuesday, June 9, 2026. Graeme Sloan | Bloomberg | Getty Images Democratic Maine Senate nominee Graham Platner said he intends to exit the race on Wednesday after a woman accused…
BHP (ASX:BHP,NYSE:BHP,LSE:BHP) continues to accelerate its global copper expansion, simultaneously securing environmental clearance to upgrade its Escondida mine in Chile and awarding a US$138 million engineering contract to scale its South Australian processing hub. The Antofagasta Environmental Assessment Commission approved early works covering sulfide leaching and electricity infrastructure improvements at the Atacama Desert site, according…
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Fixed income investors continue to grapple with an uncertain macro environment, dominated by higher-for-longer interest rates and a new-look U.S. Federal Reserve, in which rate hikes may be forthcoming. Rather than make a directional bet on interest rates to combat duration risk, consider floating-rate ETFs, a compelling option. Key Takeaways: Floating-rate ETFs shield investors from…
The muni market is confronting questions about prediction markets, like Kalshi, as innovation proceeds in tandem with litigation.Bloomberg News When Kalshi started taking bets on whether the unfunded liability of Illinois’ five pension systems will top $145 billion this year, it was the latest signal that the municipal bond market won’t be able to ignore…
The Dutch semiconductor-equipment manufacturer is reporting its second-quarter results on Wednesday, with analysts expecting a 15% rise in earnings per share year-over-year.