POSCO HOLDINGS INC.

Merkley Statement on Senate Advancing Russia Sanctions Proposal - Merkley (.gov)

Iran rules out Omani proposal to manage Strait of Hormuz

Iran rules out Omani proposal to manage Strait of Hormuz - Reuters

Iran rules out Omani proposal to manage Strait of Hormuz  Reuters

Why United Parcel Service (UPS) Stock Is Down Today

Shares of parcel delivery company UPS (NYSE:UPS) fell 3.7% in the morning session after the company posted second-quarter results where a steep drop in profitability overshadowed a beat on revenue and adjusted earnings. The parcel delivery company reported revenue of $22.8 billion and adjusted earnings of $1.76 per share, both surpassing Wall Street expectations. UPS also lifted its full-year revenue guidance, signaling confidence in its outlook. However, investor enthusiasm was dampened by a sh

Anthropic clarifies stance on open-weight AI models

Jensen Huang had never posted on X before July 24. His first post on the platform wasn't about chips or Nvidia's earnings or the next GPU architecture. It was a letter. An open letter signed by more than 20 tech companies, including Nvidia, Microsoft, Meta, Google, OpenAI, Hugging Face, Mistral, ...

SK hynix posts 1,200% net profit boost on AI chip boom

South Korea's SK hynix said Wednesday second-quarter net profit soared a whopping 1,242 percent year-on-year, driven by the artificial intelligence industry's explosive demand for its advanced memory chips.SK hynix is a specialist supplier of high-bandwidth memory chips to US industry behemoth Nvidia, and a pillar of South Korea's tech-led economy.

Hong Kong Data Center Loan Sale Shows Banks Hitting Sector Limits

(Bloomberg) -- An attempt by a lender to offload a portion of a loan backing a Hong Kong data center project is highlighting a global trend of banks reshuffling lending to keep exposure to the booming sector within limits.Most Read from BloombergChip Rout Deepens on Circular Funding, China Competition FearsNvidia’s $750 Billion in Deals Reignite Circular AI FearsApple Set to Make Big Smart Home Push With Siri AI at CenterCitadel Securities Sees Warsh Delivering Surprise Fed HikeSpaceX Rebounds A

SK Hynix posts sixfold rise in Q2 profit on AI chip demand, misses forecasts

South Korean chipmaker SK Hynix reported a more than sixfold increase in quarterly operating profit to a record high on Wednesday, ‌driven by robust demand for advanced memory chips as big technology firms ‌ramped up spending on AI data centres. The Nvidia supplier reported an operating profit of 60.5 trillion won ($41.62 billion) ​for the April-June period, compared with 9.2 trillion won a year earlier. But it missed a 64 trillion won forecast by LSEG SmartEstimate, which is weighted toward analysts who are more consistently accurate.

Etsy (ETSY) Is Up 5.9% After New AI Agent Partnerships Reshape Buyer–Seller Interactions – Has The Bull Case Changed?

Etsy recently expanded its artificial intelligence push by embedding conversational agents across buyer discovery, seller tools, and off-site commerce, supported by partnerships with OpenAI, Microsoft, and Google. This move positions Etsy to integrate agent-driven shopping directly into its marketplace, potentially reshaping how high-intent buyers and sellers interact on the platform. Next, we’ll examine how Etsy’s new conversational AI partnerships could influence its existing investment...

Apple Overtakes Nvidia—Which Will Be Bigger by End of July?

Apple’s supposedly inadequate AI spending suddenly looks less like falling behind and more like avoiding a very expensive bill.