SK Hynix raises $26.5B in the biggest foreign IPO in US history, is urged to build new US fabs

Good news!

Calvin Coolidge 1926: "After all, the chief business of the American people is business. They are profoundly concerned with producing, buying, selling, investing and prospering in the world."

"... This deal, the largest-ever U.S. debut by a non-American company, topped Alibaba’s $25 billion IPO in 2014. ...

The company begins trading on the Nasdaq today, Friday, July 10, under the temporary ticker SKHYV. Regular trading opens Monday, July 13, when the ticker officially becomes SKHY. So far, U.S. investors are lapping it up. The stock opened at 14% over its IPO price, and the price was still rising in early trading on Friday. ..."

SK Hynix raises $26.5B in the biggest foreign IPO in US history, is urged to build new US fabs | TechCrunch

Nasdaq Aims to Offer 23x5 Trading This Year. Really!

Why not 24 * 7? What is it about that 1 hour?

"Adena Friedman, chair and chief executive of Nasdaq, said the firm aims to launch trading for 23 hours from Monday to Friday on its stock exchange in the second half of 2026, subject to regulatory approval.

Nasdaq announced plans to launch 23×5 stock trading in 2025. Friedman said on the results call on 29 January 2026 that the firm will be ready to launch the capability in the second half of this year, subject to regulatory approval. ..."

Nasdaq Aims to Offer 23x5 Trading This Year - Markets Media

The woman of the hour, Adena Friedman (Source)

Nasdaq Seeks Removal of Trading Restrictions on Bitcoin and Ethereum ETFs

Good news!

"Nasdaq has asked that the United States Securities and Exchange Commission (SEC) lift the restrictions on several Bitcoin and Ethereum ETFs. Precisely, it is requesting approval to remove the 25,000 position and exercise limit restrictions on options trading on these cryptocurrency funds in question. ..."

Nasdaq Seeks Removal of Trading Restrictions on Bitcoin and Ethereum ETFs

Credits: Bitcoin Magazine Daily News

NYSE, Nasdaq, and CBOE Intend to close on Jan. 9 in Memory of Jimmy Carter

This is a very nice tribute to late President Carter!

"The New York Stock Exchange and Nasdaq separately plan to close their markets on Jan. 9 to mourn the death of former President Jimmy Carter. ..."

"... “Jimmy Carter, with humble roots as a farmer and family man, devoted his life to public service and defending our freedom,” said Lynn Martin, President of NYSE Group. “During his noteworthy post-presidential life, President Carter left an enduring legacy of humanitarianism. The NYSE will respectfully honor President Carter’s lifetime of service to our nation by closing our markets on the National Day of Mourning.” ..."

NYSE, Nasdaq Intend to Shut on Jan. 9 in Memory of Jimmy Carter - WSJ "Cboe equities exchanges to also close to mourn late former president; CME to alter hours"

The New York Stock Exchange Will Close Markets on January 9 to Honor the Passing of Former President Jimmy Carter on National Day of Mourning

Lynn Martin

President, NYSE Group &

Chair, ICE Fixed Income & Data Services

Nasdaq: Diversity, Inclusion and Belonging. Really!

Even one of the largest stock markets of the United States is infested with this ideology and demagoguery! Appalling!

Diversity, Inclusion and Belonging | Nasdaq Discover how we are creating a culture of belonging and equality.

Nasdaq Seeks Board-Diversity Rule That Most Listed Firms Don’t Meet

Will some adult in the room stop this nonsense! This is unconstitutional and violation of liberty!

I recently reported here (in German language) that Germany just introduced mandatory gender quota for listed company boards! Why would NASDAQ be so foolish to imitate that!

Time for companies to delist from NASDAQ! Are competitors ready to step up!

Such male chivalry is foolish in the battle of the sexes!

"... Nasdaq Inc. aims to require listed companies to include women and people of diverse racial identities or sexual orientation on their boards, a move that could prompt change at hundreds of companies.

The exchange operator filed a proposal with the Securities and Exchange Commission that would require listed companies to have at least one woman on their boards, in addition to a director who is a minority or one who is lesbian, gay, bisexual or transgender. ..."

Nasdaq Seeks Board-Diversity Rule That Most Listed Firms Don’t Meet - WSJ Exchange operator seeks to require companies to have at least one female board member, plus one from an underrepresented minority group