Report: Saudi Arabia Bombed Iranian-Linked Militias in Iraq

SK Hynix ADRs Priced At 3% Premium As Wall Street Readies Wave Of Leveraged ETFs The next test of the AI trade arrives today, as South Korean memory-chip maker SK Hynix's American depositary receipts begin trading under the temporary ticker SKHYV. Shares were priced at about a 3% premium to Thursday's close of its ordinary shares in South Korea. The $26.5 billion offering attracted demand for roughly seven times the shares available, forcing the chipmaker to scale back allocations to major investors, according to Bloomberg. The company sold 177.9 million ADRs...

NJ Transit Cuts World Cup Train Fare After Backlash Over $150 Ticket Price After getting roasted over its $150 World Cup train fare, NJ Transit is backing off, lowering the roundtrip ticket to $105 for rides between Penn Station and MetLife Stadium, according to Bloomberg. The agency had defended the original price as necessary to handle massive game-day crowds, with roughly 40,000 extra riders expected per match. That explanation didn’t land well, considering the same trip usually costs about $13. Bloomberg writes that Mikie Sherrill pushed for a cheaper option and told the...

When Will There Be An 'Alternative For Canada'? Authored by Mark E. Jeftovic via Bombthrower, On Sunday, Germany's Alternative für Deutschland won Saxony-Anhalt, which shouldn't really surprise anyone, but is being treated by the media like some kind of Black Swan event, blindsiding us all. The AfD won 43.8% of the vote, more than doubling its result from five years ago and crushing Chancellor Friedrich Merz's CDU, which came in at 17.2%. Apparently, if it wasn't for mail-in voting they would have had a majority. As it stands, they're within three seats of...