SK hynix’s AI Market Test
A Wall Street Test for the AI Chip Boom SK hynix made its Nasdaq debut on Friday after pricing a roughly $26.5 billion American depositary share offering, a blockbuster sale…
June Jobs Report Signals a Deeper Cooling in Hiring
The American job market lost momentum in June, with employers adding far fewer jobs than expected and a large number of people stepping out of the labor force altogether, a…
Hormuz Reopens, but Uncertainty Lingers
A Fragile Reopening in the Strait of Hormuz The story of the Strait of Hormuz has shifted in recent weeks from the language of war and closure to the more…
A.I.’s Chip Rally Spreads Beyond Nvidia
The A.I. Chip Boom Is No Longer Just Nvidia’s Story Wall Street’s feverish bet on artificial intelligence is widening beyond Nvidia, lifting a broader cast of semiconductor companies and signaling…
Oil Wobbles as U.S.-Iran Talks Falter Again
Oil prices swung uneasily on Wednesday after fresh signs of a breakdown in U.S.-Iran diplomacy raised new doubts about whether a fragile truce in the Gulf can hold, reviving concern…
SpaceX Draws Billions as Volatility Rattles Its Debut
SpaceX finds eager buyers for its debt, even as its new stock listing whipsaws Barely two weeks after its blockbuster stock market debut, SpaceX is testing just how much enthusiasm…
Sticky Inflation Clouds Fed’s Path to Rate Cuts
Fresh signs of stubborn inflation are complicating the Federal Reserve’s effort to persuade households and markets that price pressures are on a durable path downward. Data released Thursday showed that…
Defense Stocks Slide as German Naval Doubts Rattle Europe’s Rearmament Trade
European defense stocks fell sharply on Tuesday after a report that Germany may abandon one of its biggest naval procurement programs rattled investors and revived doubts about whether the continent’s…
Europe’s Heatwave Strains Power and Public Services
A June Heatwave Tests Europe’s Power and Public Services The late-June heat sweeping across Britain and western Europe has become more than a public-health emergency. As temperatures climbed toward record…
Alan Greenspan Dies at 100 as Fed Revisits His Legacy
Alan Greenspan, the economist who shaped American monetary policy for nearly two decades and became the most recognizable central banker of his era, died on Sunday at 100, according to…