{"id":64588,"date":"2026-07-10T16:38:15","date_gmt":"2026-07-10T20:38:15","guid":{"rendered":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/sk-hynix-shatters-records-with-26-5b-u-s-debut-moderna-plummets-11\/64588\/"},"modified":"2026-07-10T16:38:15","modified_gmt":"2026-07-10T20:38:15","slug":"sk-hynix-shatters-records-with-26-5b-u-s-debut-moderna-plummets-11","status":"publish","type":"post","link":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/sk-hynix-shatters-records-with-26-5b-u-s-debut-moderna-plummets-11\/64588\/","title":{"rendered":"SK Hynix Shatters Records with $26.5B U.S. Debut; Moderna Plummets 11%"},"content":{"rendered":"<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_84 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 eztoc-toggle-hide-by-default' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"#\" data-href=\"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/sk-hynix-shatters-records-with-26-5b-u-s-debut-moderna-plummets-11\/64588\/#Key_Takeaways\" >Key Takeaways<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"#\" data-href=\"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/sk-hynix-shatters-records-with-26-5b-u-s-debut-moderna-plummets-11\/64588\/#SK_Hynix_Makes_Historic_Wall_Street_Entrance\" >SK Hynix Makes Historic Wall Street Entrance<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"#\" data-href=\"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/sk-hynix-shatters-records-with-26-5b-u-s-debut-moderna-plummets-11\/64588\/#Biotech_Rout_Wipes_Out_Moderna_Gains\" >Biotech Rout Wipes Out Moderna Gains<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"#\" data-href=\"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/sk-hynix-shatters-records-with-26-5b-u-s-debut-moderna-plummets-11\/64588\/#Musk_Tightens_AI_Spending_at_Tesla\" >Musk Tightens AI Spending at Tesla<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"#\" data-href=\"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/sk-hynix-shatters-records-with-26-5b-u-s-debut-moderna-plummets-11\/64588\/#Coca-Cola_Consolidated_Issues_Q3_Dividend\" >Coca-Cola Consolidated Issues Q3 Dividend<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"#\" data-href=\"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/sk-hynix-shatters-records-with-26-5b-u-s-debut-moderna-plummets-11\/64588\/#Federal_Reserve_Releases_Weekly_H8_Data\" >Federal Reserve Releases Weekly H.8 Data<\/a><\/li><\/ul><\/nav><\/div>\n<h2><span class=\"ez-toc-section\" id=\"Key_Takeaways\"><\/span>Key Takeaways<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<ul>\n<li><strong>SK Hynix (<a href=\"\/stock\/SKHY\">SKHY<\/a>) raised $26.5 billion<\/strong> in its U.S. American Depositary Receipt (ADR) debut, marking the largest-ever initial share sale by a foreign company in the United States.<\/li>\n<li><strong>Moderna (<a href=\"\/stock\/MRNA\">MRNA<\/a>) shares sank 11%<\/strong> to $68.50, marking the stock&#39;s worst single-day performance since May 2025 following a sector-wide biotech rotation and a JPMorgan sell rating.<\/li>\n<li><strong>Elon Musk has directed Tesla (<a href=\"\/stock\/TSLA\">TSLA<\/a>) staff<\/strong> to prioritize the use of <strong>Grok<\/strong>, xAI\u2019s chatbot, while imposing a <strong>$200-per-week cap<\/strong> on third-party AI tool spending.<\/li>\n<li><strong>Coca-Cola Consolidated (<a href=\"\/stock\/COKE\">COKE<\/a>)<\/strong> declared a <strong>$0.25 per share<\/strong> third-quarter dividend, maintaining its 55-year streak of consecutive payments.<\/li>\n<\/ul>\n<h2><span class=\"ez-toc-section\" id=\"SK_Hynix_Makes_Historic_Wall_Street_Entrance\"><\/span>SK Hynix Makes Historic Wall Street Entrance<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>South Korean chipmaker <strong>SK Hynix (<a href=\"\/stock\/SKHY\">SKHY<\/a>)<\/strong> successfully priced its U.S. offering at <strong>$149 per ADR<\/strong>, raising a staggering <strong>$26.5 billion<\/strong>. The offering was more than seven times oversubscribed, reflecting intense investor appetite for the primary supplier of high-bandwidth memory (HBM) chips used in <strong><a href=\"https:\/\/stockmarketwatch.com\/stock\/NVDA\" data-internallinksmanager029f6b8e52c=\"15\" title=\"stock: NVDA\">Nvidia<\/a> (<a href=\"\/stock\/NVDA\">NVDA<\/a>)<\/strong> AI processors.<\/p>\n<p>The stock surged <strong>13.1%<\/strong> in its first day of trading on the Nasdaq, closing at <strong>$168.49<\/strong>. This blockbuster listing surpasses the 2014 record held by <strong>Alibaba (<a href=\"\/stock\/BABA\">BABA<\/a>)<\/strong> and trails only <strong>SpaceX<\/strong> in terms of total U.S. capital raised this year. Analysts suggest the move will help narrow the valuation gap between <strong>SK Hynix<\/strong> and its U.S. rival, <strong><a href=\"https:\/\/stockmarketwatch.com\/stock\/MU\" data-internallinksmanager029f6b8e52c=\"20\" title=\"Stock: MU\">Micron<\/a> (<a href=\"\/stock\/MU\">MU<\/a>)<\/strong>.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Biotech_Rout_Wipes_Out_Moderna_Gains\"><\/span>Biotech Rout Wipes Out Moderna Gains<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><strong>Moderna (<a href=\"\/stock\/MRNA\">MRNA<\/a>)<\/strong> experienced a sharp <strong>11% decline<\/strong> on Friday, leading a broader sell-off in the biotechnology sector. The drop comes despite recent bullish news regarding its seasonal flu vaccine, <strong>mRNA-1010<\/strong>, which remains on track for an FDA decision by <strong>August 5<\/strong>.<\/p>\n<p>Market experts attributed the slump to aggressive profit-taking following a <strong>48% rally in June<\/strong> and a cautious note from <strong>JPMorgan (<a href=\"\/stock\/JPM\">JPM<\/a>)<\/strong>, which reaffirmed its &quot;Sell&quot; rating. Other biotech players also suffered, with <strong>ImmunityBio (<a href=\"\/stock\/IBRX\">IBRX<\/a>)<\/strong> and <strong>Sarepta Therapeutics (<a href=\"\/stock\/SRPT\">SRPT<\/a>)<\/strong> both falling roughly <strong>8%<\/strong> as investors rotated out of high-growth medical research stocks.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Musk_Tightens_AI_Spending_at_Tesla\"><\/span>Musk Tightens AI Spending at Tesla<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><strong>Elon Musk<\/strong> has implemented new cost-control measures at <strong>Tesla (<a href=\"\/stock\/TSLA\">TSLA<\/a>)<\/strong>, capping employee spending on third-party AI tokens at <strong>$200 per week<\/strong>. According to internal memos, any expenditure above this limit now requires explicit managerial approval.<\/p>\n<p>Crucially, the cap excludes beta versions of products from <strong>xAI<\/strong>, Musk\u2019s artificial intelligence startup. Employees are being encouraged to move their workflows to <strong>Grok 4.5<\/strong>, which launched earlier this week. This shift is seen as an effort to consolidate AI development within Musk&#39;s ecosystem while curbing escalating costs from platforms like <strong>Anthropic<\/strong> and <strong>OpenAI<\/strong>.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Coca-Cola_Consolidated_Issues_Q3_Dividend\"><\/span>Coca-Cola Consolidated Issues Q3 Dividend<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><strong>Coca-Cola Consolidated (<a href=\"\/stock\/COKE\">COKE<\/a>)<\/strong>, the largest independent Coca-Cola bottler in the U.S., announced a third-quarter dividend of <strong>$0.25 per share<\/strong>. The dividend is payable on <strong>August 7, 2026<\/strong>, to stockholders of record as of <strong>July 24, 2026<\/strong>.<\/p>\n<p>The announcement reinforces the company&#39;s long-standing commitment to shareholder returns, marking its <strong>55th consecutive year<\/strong> of payments. While the stock has faced a <strong>10% decline<\/strong> over the past week, it remains up significantly over the past year, supported by a <strong>17% increase in net sales<\/strong> reported in the first quarter of 2026.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Federal_Reserve_Releases_Weekly_H8_Data\"><\/span>Federal Reserve Releases Weekly H.8 Data<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>The <strong>Federal Reserve<\/strong> has released its weekly <strong>H.8 statistical release<\/strong>, providing updated data on the assets and liabilities of commercial banks in the U.S. for the period ending early July. The report is a critical indicator for economists monitoring credit conditions and liquidity shifts within the domestic banking system.<\/p>\n<p>Recent trends in the H.8 data show a steady expansion in <strong>bank credit<\/strong> and <strong>securities holdings<\/strong>, though <strong>commercial and industrial loans<\/strong> have shown volatility. Investors utilize this high-frequency data to gauge the impact of current interest rate levels on bank balance sheets and overall economic lending activity.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Key Takeaways SK Hynix (SKHY) raised $26.5 billion in its U.S. American Depositary Receipt (ADR) debut, marking the largest-ever initial [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":50383,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center 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