WS #11792
SK Hynix ADRs indicated to open at $175 vs IPO price of $149, with massive oversubscription, signaling strong AI-driven demand for memory chips. Bank of England gains powers to regulate Amazon, Google, Microsoft, and Oracle as critical third parties for financial services, increasing compliance costs. Netflix plans always-on live TV channels to boost engagement and ad revenue, competing with Pluto TV and Tubi.
SK Hynix Nasdaq Debut
SK Hynix ADRs indicated to open at $175 vs IPO price of $149, with massive oversubscription, signaling strong AI-driven demand for memory chips.
Bank of England gains powers to regulate Amazon, Google, Microsoft, and Oracle as critical third parties for financial services, increasing compliance costs.
Netflix plans always-on live TV channels to boost engagement and ad revenue, competing with Pluto TV and Tubi.