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South Korea’s SK Hynix became just the third Asian company to join the $1 trillion club as a breakneck surge in memory-chip stocks and an AI frenzy reshapes economies worldwide. (Source: Bloomberg)
Source
Bloomberg Markets
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The frenzy in memory-chip stocks continued on Wednesday as SK Hynix took less than 24 hours to join American peer Micron Technology in the $1 trillion valuation club.
Russia's State Duma has passed a law allowing certain financial institutions to operate anti-drone defense systems after attacks on its territory.
Speculative fervor is high but not at elevated levels pointing to a big market pullback
Strategists at Goldman Sachs Group Inc. joined peers at Morgan Stanley and Deutsche Bank AG in seeing a 17% return for the S&P 500 Index this year.
