SK Hynix earnings hit record profit but miss LSEG estimates
SK Hynix posted record second-quarter profit as AI chip demand lifted revenue 257%, though results fell short of LSEG estimates.
By Amanda Ross 3 weeks agoDeals Correspondent
Amanda Ross
Amanda tracks M&A, private equity, and venture funding rounds: who is buying what, at what multiple, and why.
Latest from Amanda Ross
Jay Clayton DNI vote set in Senate, ending Pulte's interim role
Senators are scheduled to vote Tuesday on Trump’s DNI nominee, whose confirmation would replace interim chief Bill Pulte.
By Amanda Ross 3 weeks ago
FAA proposes space launch environmental waivers for faster approvals
The Transportation Department says the rule could cut duplicative reviews as FAA-authorized commercial space operations accelerate...
By Amanda Ross 3 weeks ago
Procter & Gamble stock sale trims Cramer trust stake before earnings
CNBC’s Investing Club said Jim Cramer’s Charitable Trust sold 100 P&G shares ahead of fiscal 2027 guidance.
By Amanda Ross 3 weeks ago
Apple touches $5 trillion market cap as AI spending debate shifts
Apple briefly reached a $5 trillion valuation, overtaking Nvidia as investors reassessed AI capital spending across megacap tech.
By Amanda Ross 3 weeks ago
CFTC sports prediction markets rule opposed by 44 state attorneys general
A 44-state coalition told the CFTC it lacks authority over sports event contracts as federal and state regulators contest oversigh...
By Amanda Ross 3 weeks ago
Golub Capital backs Church’s Texas Chicken for next growth phase
Golub Capital made an undisclosed investment in Church’s Texas Chicken as the fast-food chain adds a development chief for US expa...
By Amanda Ross 3 weeks ago
United Ports joint venture formed by Stonepeak and CMA CGM
Stonepeak invested $2.4 billion for 25% of United Ports, a CMA CGM-controlled portfolio of nine terminals across five markets.
By Amanda Ross 3 weeks ago
Jim Cramer stock picks favor Intel and Boeing as AI infrastructure slides
CNBC's Jim Cramer said he would keep buying Intel and still sees upside in Boeing, while urging caution on Corning and GE Vernova.
By Amanda Ross 3 weeks ago
EBay harassment settlement requires nearly $56 million in payments
EBay and former executives will pay Ina and David Steiner to resolve a civil case tied to a 2019 cyberstalking campaign.
By Amanda Ross 3 weeks ago
Shein FTC investigation disclosed ahead of Hong Kong IPO
Shein said its U.S. business is under FTC investigation, adding a regulatory risk as the fast-fashion group pursues a Hong Kong li...
By Amanda Ross 3 weeks ago
Visa layoffs 2026: Payments group to cut about 2,600 jobs
Visa plans to eliminate roughly 7% of its workforce as AI changes work and the company shifts investment toward growth areas.
By Amanda Ross 3 weeks ago