WS #11873

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SK Hynix's record $26.5B US IPO soars on debut but analysts warn of retreat similar to SpaceX, Figma, Circle; valuation comparisons with Micron emerge. Microsoft lays off 4,800 employees (2% of workforce) as AI investments reshape business; India impact minimal numerically but strategically significant for IT services.

SK Hynix IPO Hype and Retreat Risk

SK Hynix's record $26.5B US IPO soars on debut but analysts warn of retreat similar to SpaceX, Figma, Circle; valuation comparisons with Micron emerge.

Microsoft lays off 4,800 employees (2% of workforce) as AI investments reshape business; India impact minimal numerically but strategically significant for IT services.

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