Keyword → NASDAQ

SK Hynix Raises $26.5B in Largest-Ever US Foreign IPO at $149 — 7x Oversubscribed Debut Tests AI Memory Bull Case

SK Hynix priced its US IPO at $149 per American depositary receipt, raising $26.5 billion in the largest-ever US listing by a foreign company, surpassing Alibaba's 2014 record. The offering was more than seven times oversubscribed. Trading begins today on Nasdaq under the temporary ticker SKHYV before converting to SKHY on July 13. SK Hynix holds 56.4% of the global high-bandwidth memory market and is a primary HBM supplier to Nvidia, with first-quarter 2026 revenue of $34.9 billion beating estimates by 4%.

SK Hynix $28B Nasdaq ADR Prices Today at $165.26 — Sevenfold Demand Makes It the Second-Largest Foreign Listing in US History

SK Hynix priced its Nasdaq ADR offering on Thursday, targeting approximately $28 billion at roughly $165.26 per ADR, with institutional orders covering more than seven times the shares available. Cornerstone investors including Baillie Gifford, Coatue Management, and Situational Awareness Partners indicated combined interest of up to $7 billion. Interim trading begins Friday under the ticker SKHY, with regular trading starting Monday. The deal is the second-largest US listing by a foreign company, behind only SpaceX's $85.7B IPO last month.

SpaceX SPCX Joins Nasdaq-100 Today via Fast-Track — $4.3B in QQQ Forced Buying Hits a 3%–5% Float Stock

SpaceX officially joins the Nasdaq-100 today, just 15 trading days after its June 12 IPO, making it one of the fastest additions ever to a major U.S. benchmark. JPMorgan estimates the inclusion will trigger roughly $4.3 billion in forced buying from QQQ alone, with up to $27 billion across all Nasdaq-100 and Russell trackers. The catch: only 3% to 5% of SPCX shares are publicly traded, creating an unusually tight supply-demand setup during the mechanical rebalance.

Dow Gains 83 Points to Record High as Dow Rotates Away from AI Chips — S&P 500 and Nasdaq Fall 0.2% and 0.7%

The Dow Jones Industrial Average rose 83 points, or 0.2%, to a fresh all-time intraday high, while the S&P 500 fell 0.2% and the Nasdaq Composite declined 0.7% as investors rotated out of semiconductor names following Samsung's disappointing revenue guidance. Micron fell 5%, the VanEck Semiconductor ETF dropped more than 3%, and chipmakers including KLA, Marvell, Broadcom, and AMD all declined. Gains in JPMorgan, Microsoft, Eli Lilly, and Walmart offset selling pressure in the broader market.

SpaceX SPCX Forces $4.3B in Nasdaq-100 Passive Buying Today — Low 3% Float Creates Historic Supply Crunch on Inclusion Eve

SpaceX joins the Nasdaq-100 before Tuesday's open, triggering an estimated $4.3 billion in forced ETF buying today — the largest single-stock passive-flow event since Nvidia's index surge. With only 3%–5% of shares in the public float and over $800 billion benchmarked to the index, QQQ and QQQM managers must absorb the position regardless of price. History shows NDX additions average a 1.13% loss on day one, warning momentum traders to watch lockup expiration on August 6.

Tech Stocks Rebound After Holiday with Nasdaq-100 Futures Up 1% — AI Chip Slide Pauses as SMH Gains 2.4% Pre-Market

Nasdaq-100 futures climbed 1% and S&P 500 contracts rose 0.4% Monday as technology stocks rebounded from a late-June AI chip pullback that had briefly wiped $1 trillion in semiconductor market value. The VanEck Semiconductor ETF rose 2.4% pre-market. Last week, the Dow gained 2%, the S&P 500 added 1.8%, and the Nasdaq rose 2.1%, capping the best quarter since 2020. Monday's advance is also supported by Foxconn's record Q2 revenue print and the SpaceX Nasdaq-100 inclusion mechanics.

SK Hynix Plans $29B Nasdaq ADR Listing on July 10 — HSBC Raises Price Target to 4 Million Won Ahead of Record Q2 Earnings

SK Hynix is scheduled to list its American depositary receipt on Nasdaq on July 10, targeting up to $29 billion in a deal that would give US investors direct access to the world's dominant high-bandwidth memory producer. HSBC raised its price target to 4 million won — a 20% premium above previous targets — citing improved shareholder returns and enhanced investor accessibility post-ADR. The company is expected to post Q2 operating profit of 64.44 trillion won on July 29, potentially its largest quarter ever.

Nasdaq-100 Futures Rebound 1.2% on July 4 Holiday as Banks Raise S&P 500 Targets — Citi Sets 8,100, Goldman Sets 8,000

Nasdaq-100 futures rose 1.2% during abbreviated Independence Day holiday trading as Asian markets staged a 2% recovery after heavy semiconductor profit-taking earlier in the week. Citi raised its S&P 500 target to 8,100 and Goldman Sachs to 8,000, with both citing AI infrastructure earnings as the primary growth driver. The recovery comes after a mid-week slide in which the PHLX Semiconductor Index fell 6.7% in a single session following a near-doubling in Q2.

Bending Spoons IPO Closes 42.8% Above $29 Price — AOL and Vimeo Owner Raises $1.68B at $25B Nasdaq Valuation

Bending Spoons, the Italian software acquirer behind AOL, Vimeo, Evernote, and Eventbrite, closed its first Nasdaq session at $41.42, up 42.8% from its $29 IPO price after raising $1.68 billion — above the $26 to $28 marketed range. The Milan-based company carries roughly $4.4 billion in debt but reported Q1 2026 revenue of $601.3 million, up 132% year-over-year, with 90% of software changes now AI-generated. IPO officially closes today under ticker BSP.