SK Hynix drops in Seoul after strong first day on Nasdaq
The memory-chip maker’s Korean shares fell more than 10% as investors assessed pricing gaps between its Seoul and U.S. listings.
Read →
Section
Stocks
Hibbett slips after quarterly sales fall short of Wall Street view
Hibbett beat profit expectations for the quarter, but weaker sales and same-store sales kept pressure on the stock before the open...
Read →
Hormuz shipping fight puts oil risk back on investors’ screens
A vague U.S.-Iran deal left tanker routes unresolved, and renewed attacks near Hormuz are pushing oil prices higher.
Read →
Greg Brockman takes wider OpenAI role as Simo steps back
OpenAI’s president will keep product oversight as the company faces IPO scrutiny, a rich valuation and tougher AI competition.
Read →
Chinese EV makers widen global factory push as U.S. rivals lag
Chinese automakers are spending more abroad as crowded home-market competition, tariffs and overseas EV demand reshape the industr...
Read →
Bank earnings and inflation reports put the economy back in focus
Banks, Johnson & Johnson and June inflation data will give investors a fresh read on consumers, corporate spending and Fed rate pr...
Read →
New unemployment claims fall to 233,000
Initial jobless claims dropped by 4,000 in late June, undershooting economists’ expectations and reaching their lowest level since...
Read →
Barclays profit rises 18% as bank raises key income target
Barclays beat analyst profit expectations for the third quarter and said it now expects more than £11 billion in net interest inco...
Read →
AI may be shortening some older workers’ careers, research finds
Boston College research finds older workers in AI-exposed jobs are leaving work more often, adding a new wrinkle to retirement and...
Read →
Wingstop shares fall as profit miss overshadows sales beat
Wingstop topped revenue and same-restaurant sales estimates, but earnings per share came in below Wall Street’s target.
Read →
Novartis lifts full-year outlook after 9% third-quarter sales growth
The Swiss drugmaker raised its sales and profit targets after quarterly revenue climbed to $12.82 billion.
Read →
McConnell says fall and pneumonia caused weeks away from Senate
The Kentucky Republican said he was briefly unconscious after a fall but did not have a heart attack or stroke.
Read →