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Business

Markets, industry, and the world of work — how each side reads the same earnings call, factory opening, or union vote.

SK Hynix Raises $26.5 Billion in Record U.S. Market Debut
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SK Hynix Raises $26.5 Billion in Record U.S. Market Debut

The South Korean memory-chip maker sold 177.9 million depositary receipts at $149 each. The shares closed at $168.01 after their first session as investors sought exposure to the AI memory supply chain.

Farah Al-Jamil · · 4 min read

The jobs number that keeps the Fed patient
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The jobs number that keeps the Fed patient

The June labor read was sturdy, not splashy. That is exactly why it matters. U.S. nonfarm payrolls rose to 158.984 million in June, up 57,000 from May, according to the latest FRED…

Reena Marisol Duarte · · 4 min read

Reading an Earnings Report Without the Hype
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Reading an Earnings Report Without the Hype

Earnings season floods the feed with headlines that celebrate a beat or punish a miss, but the number that moves a stock in the first minute rarely tells…

Reena Marisol Duarte · · 4 min read

Bitcoin ETFs Lost $4 Billion. The Price Paid $59,700.
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Bitcoin ETFs Lost $4 Billion. The Price Paid $59,700.

The spot bitcoin ETFs lost another $455 million on June 26 and are now on pace for more than $4 billion in net outflows this month, the worst singlemonth…

Reena Marisol Duarte · · 4 min read