Fortune
After a nearly 800% explosion, this AI supplier is about to make its U.S. debut and could signal if the market can still boom—or is headed for a bust
SK Hynix, the South Korean chipmaker that has surged nearly 800% on the back of AI-driven demand, is set to debut on the Nasdaq this Friday. The listing arrives at a critical moment for the semiconductor sector, with investors watching closely for signs of whether appetite for AI infrastructure plays remains robust. How the stock trades out of the gate could serve as a bellwether for the broader AI supply chain rally.
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Fortune
Wealth is going ‘woke,’ says UBS: Rich people are now ‘younger, more female—and more openly queer,’ thanks to the Great Wealth Transfer
The great intergenerational transfer of wealth is reshaping who sits at the top of the economic ladder, with UBS reporting that today's affluent class skews younger, more female, and more openly LGBTQ+ than previous generations. This demographic shift is bringing new priorities with it — namely, a stronger appetite for values-driven investing and a desire to deploy capital toward broader social impact. For financial institutions, the message is clear: adapt your approach or risk losing relevance with the next generation of high-net-worth clients.
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