To The Moon

In a quarterly filing Google said future contract commitments totaled $811bn as of end-June, up nearly $500bn from three months earlier. The amounts are disclosed separately from capital expenditure...

Arbitrage opportunity for SK Hynix ruled out by Korean regulatorDemand for SK Hynix's memory chips has boomed in recent years and relentles demand shows no sign of letting upThe huge premium commanded

SK Hynix's US-listed American depositary receipts can only represent up to 2.5% of its outstanding shares, with the quota already fully utilized following its $26.5 billion ADR offering, Bloomberg reported Thursday, citing Korea Securities Depository Chief Executive Rhee Yunsu.The report said investors cannot convert Seoul-listed shares into ADRs unless existing ADR holders first convert their US-listed receipts back into Korean shares, limiting arbitrage between the two markets.SK Hynix's ADRs have traded at premiums of as much as 51% to the Seoul-listed stock and were about 33% higher as of Wednesday, according to the report.The company did not immediately respond to MT Newswires' request for comment.

Microsoft's Azure is likely to sustain strong long-term growth, while artificial intelligence revenue gradually rises with the increasing adoption of Copilot, Truist Securities said in a note Wednesday.The brokerage said it expects a solid Q4 and accompanying outlook and added that broader industry dynamics will continue to result in a sustained supply-demand imbalance, and thus, it expects "Azure growth remaining at a consistently strong level for the foreseeable future.""A variety of factors could turn the tide on negative investor sentiment on high capex dynamics at least in the case of Microsoft," Truist said.Truist maintained a buy rating with a $575 price target.Price: 388.65, Change: -9.10, Percent Change: -2.29

Yonhap reports Samsung Electronics chairman Lee Jae‑yong, SK Group chairman Chey Tae‑won and Naver chairman Lee Hae‑jin plan to meet NVIDIA CEO Jensen Huang in the U.S. Senior executives from the...

Frost & Sullivan awards bring Singapore Telecommunications into focus Recent Frost & Sullivan awards for Internet of Things connectivity and cybersecurity have put Singapore Telecommunications (SGX:Z74) back on investors’ radar. The recognition highlights its role in digital infrastructure and raises fresh questions about the stock’s current pricing. See our latest analysis for Singapore Telecommunications. The recent Frost & Sullivan recognition lands as Singapore Telecommunications’ share...