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SK Hynix Seeks Valuation Boost in $29 Billion US Listing

SK Hynix Inc.’s planned $29 billion US stock-market listing may help lift its valuation and strengthen its ability to compete globally in memory chips used for AI computing, according to Bloomberg.The move is part of the company’s strategy to position itself in the global market for AI-related memo…

Binance News en_IN
StocksUS
dow-jones

Malaysian Stocks Likely to Trade Sideways in 3Q — Market Talk

Malaysia's benchmark Kuala Lumpur Composite Index is expected to trade sideways in 3Q as economic growth moderates following a strong expansion in 1H, Kenanga Investment Bank analyst Peter Kong and his team say in a note. They expect investors to rotate into banks and consumer stocks, supported by…

Dow Jones Newswires en_IN
indexStocksMY

FMCG stocks gain up to 3% post Q1 business updates

Shares of Dabur India, Godrej Consumer Products (GCPL), FSN E-Commerce Ventures (Nykaa) and Senco Gold are trading with gains of up to 4% on Monday, July 6, after the companies released their June quarter business updates.DaburDabur expects to report double-digit growth in both consolidated revenue…

CNBC TV18 en_IN
StocksIN
binance_news

Meituan Open-Sources 1.6T-Parameter LongCat-2.0 AI Model

Meituan on July 6 open-sourced its LongCat-2.0 large language model with 1.6 trillion total parameters and an average activation of about 48 billion, according to Jiemian News. The company said the model introduces LongCat sparse attention and N-gram Embedding to improve long-context processing eff…

Binance News en_IN
StocksCN
dow-jones

Dexus's Portfolio Valuation Points to Stabilization — Market Talk

The small valuation drop in Dexus's property portfolio is seen at Citi as more evidence that the real-estate market is stabilizing rather than deteriorating. Citi's analysts say that the modest 0.2% decline in book values across Dexus's stabilized portfolio represents a broadly resilient outcome. T…

Dow Jones Newswires en_IN
StocksAU