Korean won posts biggest monthly gain since 2009 on SK hynix ADR inflows

The South Korean won appreciated at its fastest monthly pace since 2009, driven largely by a surge in US dollar inflows into the country's foreign exchange market following SK hynix Inc.'s American depositary receipt offering on the Nasdaq, industry data showed Sunday. The won was quoted at 1,424 per US dollar at 3:30

Investors are seeing more signs that the bottom is near, if not already in.

Brent crude has gained about 20% in July as fighting escalated, shipping chokepoints came under attack, and a brief ceasefire collapsed

Microsoft's chief financial officer reported strong AI investment returns. Azure and Copilot businesses showed significant progress and momentum. Cloud revenue reached over fifty-nine billion dollars in the fourth quarter. Microsoft invested heavily in infrastructure to meet growing demand. The company exceeded financi

Microsoft Posts Biggest One-Day Market-Cap Gain for Any U.S. Company  WSJ

Azure crossed $100 billion in revenue for the first time and a new disclosure about OpenAI offered some respite.