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Finance News — Kenya

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SK Hynix Seeks $29 Billion With New US Listing to Fund AI Boom
Finance

SK Hynix Seeks $29 Billion With New US Listing to Fund AI Boom

SK Hynix Inc. is looking to raise 45.45 trillion won ($29.4 billion) by selling depositary receipts on the Nasdaq exchange.

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Micron Earnings Take on New Gravity With Market on Edge Over AI
Finance

Micron Earnings Take on New Gravity With Market on Edge Over AI

Micron Technology Inc.’s earnings report on Wednesday afternoon is shaping up to be one of the most important in months…

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KE
Rheinmetall Tumbles as Germany Said to Shelve Warships Contract
Finance

Rheinmetall Tumbles as Germany Said to Shelve Warships Contract

Rheinmetall AG shares fell the most in a year on concern the defense firm will come under pressure as Germany…

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US Diesel Prices Fall Under $5, Easing Key Inflationary Pressure
Finance

US Diesel Prices Fall Under $5, Easing Key Inflationary Pressure

The cost of diesel in the US dipped below $5 a gallon for the first time since mid-March, offering relief…

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Airbus A380 Aircraft Require Checks for Possible Wing Cracks
Finance

Airbus A380 Aircraft Require Checks for Possible Wing Cracks

The European Union Aviation Safety Agency is asking some operators of Airbus SE A380 jets to perform additional inspections on…

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Volatility Is Now a Feature, Not a Bug: 3-Minutes MLIV
Finance

Volatility Is Now a Feature, Not a Bug: 3-Minutes MLIV

Guy Johnson, Tom Mackenzie and Mark Cudmore break down today's key themes for analysts and investors on "Bloomberg: The Opening…

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BOJ’s Ueda Reiterates Risk of Inflation Exceeding 2% Target
Finance

BOJ’s Ueda Reiterates Risk of Inflation Exceeding 2% Target

The Bank of Japan sees the risk of inflation exceeding its 2% target and will conduct additional interest-rate hikes appropriately,…

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Now she’s worth $200 million. But Sarah Jessica Parker says being ‘one of eight kids that struggled financially’ growing up created her work ethic
Finance

Now she’s worth $200 million. But Sarah Jessica Parker says being ‘one of eight kids that struggled financially’ growing up created her work ethic

Before becoming Carrie Bradshaw, Sarah Jessica Parker says her family couldn’t afford electricity. But it gave her the drive behind…

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Adani Bets on India Energy Security With Nuclear Power Project
Finance

Adani Bets on India Energy Security With Nuclear Power Project

Billionaire Gautam Adani said his giant conglomerate will embark on a new 10 gigawatt nuclear power initiative to help improve…

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Tesla cofounder JB Straubel’s first pitch to Elon Musk failed. Then he turned his ‘hobby’ into a $1.3 trillion success
Finance

Tesla cofounder JB Straubel’s first pitch to Elon Musk failed. Then he turned his ‘hobby’ into a $1.3 trillion success

JB Straubel was the architect of Tesla’s core tech, but his first pitch to Elon Musk fell flat.

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The Pentagon said Iran War costs $29 billion,but the real cost is closer to $200 billion—and counting
Finance

The Pentagon said Iran War costs $29 billion,but the real cost is closer to $200 billion—and counting

Over time, the conflict will likely cost more than $1 trillion, according to one Harvard economist.

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Tech Stocks Set to Bounce After $1.3 Trillion Rout on AI Jitters
Finance

Tech Stocks Set to Bounce After $1.3 Trillion Rout on AI Jitters

US technology stocks were set to rebound on Wednesday after concerns around artificial intelligence valuations wiped out nearly $1.3 trillion…

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