SpaceX to Donate Shares to 'Trump Account', SK Hynix Begins U.S. IPO Roadshow

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Crypto news broke on Tuesday as SpaceX’s COO plans to donate shares to the “Trump account” under the “Invest in America” initiative. Meanwhile, SK Hynix launched its U.S. IPO roadshow, targeting a $28 billion ADR offering that could rank among the largest IPOs ever. Cryptocurrency news continues to highlight major developments across both the tech and finance sectors.

Odaily Planet Daily report: Key financial news in the U.S. stock market that investors should pay close attention to:

1. The three major U.S. stock index futures show mixed movements. The Dow Jones Index futures fell 0.13%, the S&P 500 Index futures rose 0.41%, and the Nasdaq 100 Index futures rose 1.17%.

2. International oil prices fluctuated narrowly. WTI crude oil futures fell 0.76% to $68.167 per barrel; Brent crude oil futures fell 0.71% to $71.605 per barrel.

3. International spot gold and silver prices declined collectively. Spot gold fell 0.69% to $4,145.79 per ounce; spot silver dropped 0.66% to $61.95 per ounce.

4. Semiconductor research firm SemiAnalysis stated that NVIDIA’s Kyber NVL144 rack architecture may face delays, attributing this to “significant manufacturing challenges with the PCB interposer,” and expects delivery to be pushed to 2028.

5. Broadcom will develop custom ASIC chips for Apple, and both parties have agreed to extend their technological collaboration until 2031. Broadcom rose over 4% in pre-market trading.

6. The President and Chief Operating Officer of SpaceX will donate a portion of their SpaceX shares to the "Trump account" as part of the "Invest in America" initiative.

7. SK Hynix has officially launched its roadshow for its U.S. listing. This ADR offering is expected to raise approximately $28 billion, potentially ranking among the top three largest IPOs in global history.

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