SK Hynix Slumps Below US IPO Price as Mega-Listings Turn Sour

Jul 27, 2026 | Markets

SK Hynix Inc.’s American depositary receipts slumped to a new low after a record-setting $26.5 billion debut earlier this month as investors dump once-high flying semiconductor stocks. The South Korean memory chipmaker dropped as much as 10% to trade as low as...

Jersey Mike’s IPO Said to Be More Than 10 Times Oversubscribed

Jul 27, 2026 | Markets

Jersey Mike’s Subs Inc.’s initial public offering has attracted investor demand for more than 10 times the available shares ahead of pricing on Wednesday, according to people familiar with the matter. The Blackstone Inc.-backed submarine sandwich chain and some of its...

Big Asia Stock Funds Turn to Laggards to Cut Risk From AI Swings

Jul 24, 2026 | Markets

Investors in Asia are snapping up stocks from Indonesian banks to Chinese e-commerce titans and Indian technology firms, trimming bets on popular AI trades which have turned increasingly volatile. Fidelity International and BNP Paribas Asset Management are among those...

Blackstone Private Credit Fund Co-CEO Jonathan Bock Resigns

Jul 24, 2026 | Markets, Private Credit

Jonathan Bock, co-chief executive officer of Blackstone Inc.’s flagship $78 billion private credit fund, is leaving the firm, according to a filing Friday. Bock, who joined three years ago, resigned on July 20, the firm said. Blackstone won’t replace his role, with...

Nasdaq 100 Tumbles as Oil Spike, AI Jitters Hit Tech Stocks

Jul 24, 2026 | Markets

The Nasdaq 100 Index tumbled Friday, capping its first back-to-back weekly loss since late March as it was dragged down by the oil-price spike and a selloff in the tech stocks that once surged on the back of the AI investment boom. The technology-heavy gauge...

Euronext Mulls Setting Up a Private Market to Rival the UK’s

Jul 24, 2026 | Markets, Private Markets

Euronext NV is considering creating a market for private securities, potentially ramping up competition with the London Stock Exchange Group Plc as bourses seek to offer investors access to fast-growing private companies. Euronext has held discussions with clients...