Episode
SK Hynix raises $26.5bn in Nasdaq debut
- Podcast
- Squawk Box Europe Express
- Published
- Jul 10, 2026
- Duration seconds
- 1545
- Processing state
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Summary
SK Hynix’s U.S. listing raises $26.5bn with investor demand said to be seven times oversubscribed. The Nasdaq listing is the largest by a foreign company on Wall Street. Technical talks between Washington and Tehran are ongoing despite this week’s tit-for-tat attacks. Crude is set to break a four-week losing streak with the recent tensions threatening to trigger concerns about supply from the Gulf. In Germany, Volkswagen cuts capacity and slashes its model line-up in half but pulls back from announcing 100k job cuts as it faces worker and union protests at its car plant in Zwickau. See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info .