SK Hynix rises 13% in debut on Wall Street as demand for memory chips soars amid AI frenzy
Shares of South Korean memory chipmaker SK Hynix rose 14 per cent as they made their debut on Wall Street as demand for chips is surging.
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Shares of South Korean memory chipmaker SK Hynix rose 14 per cent as they made their debut on Wall Street as demand for chips is surging.
Canada’s main stock index rose over 100 points, helped by gains in the consumer cyclicals and non-cyclicals sectors, U.S. markets were also positive.
U.S. stocks ticked higher Friday after Wall Street showed its appetite is still big for winners of the artificial-intelligence boom.
The U.S. Justice Department has reached a settlement agreement with South Bow Corp. regarding a 2022 rupture of the Keystone pipeline.
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Stock markets in Canada and the U.S. rose, as easing oil prices brought some calm to financial markets.
Stocks rose, and oil prices eased as financial markets calmed in the wait to see what will come next after doubts on a temporary truce in the war with Iran.
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Oil tanker traffic through the Strait of Hormuz was at a near standstill on Thursday, according to data and sources, as shipping risks escalated after the U.S. renewed airstrikes on Iran, triggering retaliation by Tehran in the Gulf.
Orla Mining Ltd. says it produced 88,265 ounces of gold in its second quarter, driven by its Musselwhite mine in Ontario.
Stock markets fell on Wednesday after U.S. President Donald Trump said the ceasefire with Iran was over, sending oil prices higher.
Oil prices rose, and stock markets dropped in shaky trading worldwide after U.S. President Donald Trump raised doubts about the truce in the Iran war.
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The U.S. Energy Information Administration (EIA) said on Wednesday that U.S. crude and petroleum exports reached a record in April as disrupted energy flows through the Strait of Hormuz due to the Iran war increased demand for U.S. exports.
Brokerages continue to see bullish trends for gold in their long-term outlooks, even as price declines due to increased rate hike bets, inflation concerns, and a stronger dollar and oil price forced some banks to cut near-term price views.
Trans Mountain Corp. says it has reached a settlement agreement on tolls customers pay to use the Trans Mountain Pipeline.