$15.95
-0.37 (-2.27%)
SNCY News17 articles
Tesla Shares Steady Near $400 on Samsung Chip, Battery Plant Developments
Tesla shares traded around $398 amid news of Samsung's planned chip production for Tesla starting in late 2027 and a confirmed $4.3 billion battery plant with LG Energy Solution. However, analysts have significantly reduced 2026 delivery growth projections.
Sunbelt Rentals Launches $1.5B Buyback Following NYSE Listing
Sunbelt Rentals Holdings has begun its $1.5 billion share repurchase program, acquiring 663,882 shares worth approximately £36.2 million in the first week following its primary listing shift to the New York Stock Exchange.
Sunrise Energy Metals Shares Dip on Updated Syerston Scandium Project Study
Sunrise Energy Metals Ltd (ASX:SRL) shares declined following the release of an updated feasibility study for its Syerston scandium project, which outlines a US$120 million capital requirement and a mid-2028 production target.
Sunrise Energy Metals shares decline following Syerston project update
Sunrise Energy Metals Ltd shares dropped 3.6% to A$7.69 after publishing an updated feasibility study for its Syerston scandium project, with development capital estimated at US$120 million.
Ashtead Delists from London, Sunbelt Holdings Begins Dual Trading
Ashtead Group plc has been delisted from the London Stock Exchange, with its restructured parent, Sunbelt Rentals Holdings, commencing trading on both the London and New York exchanges. The move triggers index changes and shifts the primary listing to the United States.
Ashtead Delists from London as Sunbelt Rentals Debuts on Dual Exchanges
Ashtead Group plc has been removed from the London Stock Exchange following a court-approved restructuring. Its new U.S. parent, Sunbelt Rentals Holdings, commenced trading on both the London and New York exchanges on Monday.
Suncorp Earnings Hit by Natural Disasters, Dividend Cut
Suncorp Group reported a steep decline in half-year profit to A$263 million, impacted by A$1.3 billion in natural hazard claims. The insurer reduced its interim dividend and continues its share buyback program.
Qualcomm Gains as Investors Eye Samsung Event, Memory Supply Concerns
Qualcomm stock closed higher Friday, though it remains well below its 52-week peak. Key near-term catalysts include Samsung's upcoming product launch and persistent memory supply constraints.
Nvidia Gains on Samsung HBM4 Shipments Amid China Export Scrutiny
Nvidia shares advanced in premarket trading following Samsung's initial shipments of next-generation HBM4 memory, a critical component for AI accelerators. The company continues to navigate strict U.S. export controls on chip sales to China.
Samsung Begins HBM4 Shipments, Projects 2026 Sales to Triple Amid AI Memory Boom
Samsung Electronics has commenced shipments of its next-generation HBM4 memory chips, forecasting a more than threefold increase in HBM sales for 2026. The announcement fueled a 6.4% share price surge as competition with SK Hynix and Micron intensifies.
Suncorp Leads Insurance Sector Sell-Off Amid AI Disruption Fears
Suncorp shares dropped 4.24% as investor concerns over ChatGPT-powered insurance applications sparked a sector-wide decline. The sell-off comes ahead of the company's half-year results on February 18.
Micron Shares Slide on Samsung HBM4 Supply Reports for Nvidia's AI Chips
Micron Technology shares declined nearly 3% in after-hours trading following reports that Samsung Electronics secured initial HBM4 memory orders for Nvidia's upcoming 'Vera Rubin' AI processors.
Micron Shares Rebound on Samsung HBM4 Production News, Focus Turns to Upcoming Conference
Micron Technology's stock reversed premarket losses, rising roughly 3% early Monday as reports surfaced about Samsung's HBM4 production plans. Investors now await the company's Feb. 11 conference appearance for further direction.
AI Chip Stocks Face Pressure as Samsung Ramps HBM4 Production Ahead of Key Data
Micron shares declined premarket following reports Samsung will begin mass production of next-generation HBM4 memory for Nvidia AI chips this month. Investors await U.S. jobs and inflation data for Fed policy clues.
Samsung Eyes HBM4 Production Start for Nvidia Amid Market Scrutiny
Samsung Electronics is reportedly preparing to begin mass production of HBM4 memory chips for Nvidia later this month, with shipments expected after the Lunar New Year holiday.
Sungrow Denies Space Ventures, Shares Dip Ahead of Holiday Closure
Sungrow Power Supply clarified it has no commercial space projects, with shares falling 1.03% to 144.50 yuan. Markets face a shortened trading window before the Spring Festival break.
Samsung Shares Dip Amid Tech Sector Pressure; AI Trade Momentum in Focus
Samsung Electronics closed slightly lower Friday as broader tech weakness weighed on Seoul markets. Investors are assessing chip demand and AI-driven trades ahead of next week's key events.