SK Hynix lands record U.S. debut
Summary
Host Kim Khan covers SK Hynix’s record-breaking $26.5 billion US IPO and Citigroup’s significant fee earnings. PepsiCo’s CEO warns that rising fuel costs are curbing consumer spending, mirroring IEA data on global oil demand shifts. The episode also touches on geopolitical tensions with Iran, a golden cross in financials, and pre-market tech stock declines.
Topics discussed
Introduction and host greeting
SK Hynix records largest foreign IPO in US
PepsiCo cites rising fuel costs impacting spending
Global oil demand outlook and IEA forecast
Trending topics: SP Financials, Polymarket, OpenAI
Pre-market trading: Tech stocks give back gains
Geopolitics: US-Iran diplomatic efforts
Economic calendar and show closing
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