SK Hynix fell 0.7% in premarket after a 13.7% decline; a 2x leveraged ETF ($SKHX) was launched with a 0.75% expense ratio.

SK hynix's AI-driven DRAM demand boosted earnings, but accounts receivable are rising faster than sales.

SK hynix raised $26.5 billion through a Nasdaq listing to expand institutional ownership and growth potential.

Iran claimed its naval air defense shot down a US LUCAS drone off the southern coast, citing state media photos of a damaged drone.

SK Hynix stock rose 8% after HSBC reaffirmed it as a top chip pick, though the rebound appears driven by technical factors rather than a fundamental recovery.

The Atlanta Fed GDPNow model maintained its forecast for US Q2 2026 real GDP growth at 1.7%.

Apple is nearing a $4.9T market value, competing with Nvidia for the title of world's most valuable company, as investor focus shifts to Apple's AI monetization via ecosystem and services.

U.S. stock indexes edged higher as bank earnings offset Middle East oil concerns, with AAPL, SKHY, ASML, and PYPL in focus, and cooler producer prices boosted hopes for easing inflation.

Chinese domestic futures closed mixed overnight, with PTA down over 2%, synthetic rubber up over 1%, and plastic and soybean meal up nearly 1%.

Premarket movers include Mag 7 stocks mostly higher, ASML up 3% on raised forecast, BlackRock up 4% on record inflows, Elevance Health down 7% on weak guidance, Lionsgate up 7% on sale talk, PayPal jumps 20% on buyout bid, Pentair down 22% on lowered guidance, and Phoenix Education down 10% on trimmed revenue forecast.

S&P 500 and Nasdaq ended higher, supported by chipmakers, cybersecurity stocks, and soft June CPI data showing a 0.4% monthly decline and annual inflation of 3.5%.

Semiconductor stocks relative to M2 money supply are now trading at double the Dot Com Bubble peak.

MGM shares rose on a takeover bid, SK Hynix fell on AI spending concerns, and Agenus gained on a securities deal.

SK Hynix stock plunged in South Korea despite a strong Nasdaq debut, with analysts discussing market moves and earnings outlook.

Premarket movers include mixed Mag 7 stocks, an 8% drop in SK Hynix ADRs, a 46% surge in Agenus, a 1% rise in American Express, a 2% gain in Shopify, and a 7% rise for TriCo Bancshares with First Hawaiian slipping 6%.

SK Hynix shares surged 14% in their Nasdaq debut on Friday.

SK hynix Inc. made its Nasdaq ADR debut, with author comparing its AI-driven HBM growth and valuation to Micron, while noting risks from CapEx, geopolitics, and governance.

SK hynix launched a U.S. ADS offering at $149, raising $26.5 billion, boosting the AI memory supercycle.

SK hynix will list on the Nasdaq on July 10 under ticker SKHY in the largest ADR offering in market history.