WS #11797
SK Hynix raised $26.5B in the largest foreign share sale in the US, opening 14% above offer price, bullish for semiconductors. Meta shares up 15% for the week on AI model releases and custom chip progress, erasing YTD losses. EU preliminarily finds Meta's addictive design violated rules, risks fines and forced changes to auto-play and infinite scroll.
SK Hynix IPO
SK Hynix raised $26.5B in the largest foreign share sale in the US, opening 14% above offer price, bullish for semiconductors.
Meta shares up 15% for the week on AI model releases and custom chip progress, erasing YTD losses.
EU preliminarily finds Meta's addictive design violated rules, risks fines and forced changes to auto-play and infinite scroll.