SK Hynix sets a $29 billion US listing that could top every ADR deal ever done
SK Hynix has filed to raise up to 45.45 trillion won, roughly $29bn, through a listing of American depositary receipts on Nasdaq, the South Korean memory maker disclosed in a regulatory filing on Wedn [...]
FedEx posted a strong earnings beat — then its stock sank on weak guidance
The shipping giant reported adjusted EPS of $6.31 versus expectations of $5.96, but its new calendar-year profit forecast fell short of investor expectations [...]
Wendy's stock soars as meme traders target the struggling fast-food chain
Retail investors flooded into Wendy's stock after the struggling chain named a new CFO, with short interest above 23% fueling squeeze speculation [...]
Menlo Ventures raises $3bn on the back of one Anthropic bet
Menlo Ventures has raised $3bn, the biggest haul in its 50-year history. It is funded, in effect, by a single bet on Anthropic that is now worth about $14bn. Most venture funds are sold on a promise. [...]