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14:25
American Bitcoin increases holdings by 500 BTC
Foresight News reports, according to Bitcoin Magazine, American Bitcoin, which is associated with Eric Trump, has increased its holdings by 500 BTC and now holds more than 8,000 BTC.
14:22
O'Reilly Automotive shares plunge 6.3% today amid market turbulence
Previously, according to Bloomberg, the company had submitted an acquisition offer for the automotive division under Genuine Parts. This news quickly aroused widespread attention and concern among investors, resulting in significant pressure on the stock price. Market analysts pointed out that the potential acquisition deal could involve huge amounts of capital and bring integration risks and financial pressure, thus affecting investor confidence. The significant fluctuation in the stock price reflects the market's complex sentiment and uncertainty assessment regarding the potential acquisition.
14:22
SK Hynix Sets ADR Reference Price at 242,500 KRW/Share (Approx. $158), Slightly Lower than Previous Plan
On July 6, SK Hynix submitted a revised document to the U.S. SEC, setting the reference price for its ADR issuance at 242,500 KRW per share, with the recent exchange rate benchmark at approximately $158.15 per share. The estimated fundraising scale based on this calculation is about 43.14 trillion KRW (approximately $28 billion). This represents a slight decrease from the previous plan. Earlier, the reference price in the F-1 registration document was based on the closing price of 2,555,000 KRW per share on June 23, corresponding to an estimated fundraising scale of about 45.45 trillion KRW (approximately $29 billion).
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