Here's Why the US Manufacturing Surveys Are Diverging So Dramatically...

SK Hynix's US Offering Reportedly Seven Times Oversubscribed The KOSPI struggled for direction overnight, erasing most of an opening rally that briefly pushed the South Korean main equity index up as much as 4.1%. The real strength was in memory stocks, with SK Hynix surging as much as 10% as investors piled back in. This move comes as Bloomberg reports the company's US ADR listing is more than seven times oversubscribed, underscoring strong institutional demand. The report said SK Hynix is selling 177.9 million American depositary receipts, with each ADR...

Situational Awareness Returns With $400M Investment After Nearly Collapsing Authored by Zoltan Vardai via CoinTelegraph.com, Situational Awareness, the hedge fund founded by former OpenAI researcher Leopold Aschenbrenner, reportedly invested $400 million in a privately held company days after it nearly collapsed under margin calls. The fund invested $100 million in the same unnamed company in July, Bloomberg reported Thursday, citing people familiar with the matter.  The latest investment was completed on Tuesday. Cointelegraph has approached Situational Awareness for comment. Assets at Situational Awareness fell about 78% in July, as an AI-stock sell-off triggered margin calls from Wall Street lenders. The...

Regulator Clears Environmental Review For Dow And X-energy Reactor Project The Nuclear Regulatory Commission (NRC) has completed its environmental assessment for the Long Mott Generating Station, a proposed four-reactor Xe-100 project at Dow’s Seadrift, Texas site. 📆 #NRCNews: We've completed our environmental assessment of the proposed Long Mott Generating Station ahead of schedule. https://t.co/aQ2Lf548Lx pic.twitter.com/MznwpfQjTz — NRC (@NRCgov) May 18, 2026 The Long Mott project is backed by the Department of Energy’s Advanced Reactor Demonstration Program (ARDP). The four reactors are intended to supply power to Dow’s large chemical manufacturing operations, with the...