A high bar is set for Q2 results. Plus: A sector that could surprise, what to watch in big bank earnings, and the World Cup’s effect on the US...

The South Korean memory chip giant raises $26.5 billion in second-largest IPO on record.

The giant South Korean chipmaker is looking to raise $28 billion from US investors just as memory stocks are tumbling after massive gains.

The momentum markets’ drawdown risk, plus BlackRock’s Li on paring back on the EM AI trade but staying the course in the US.

While bulls point to huge chip and hardware orders, GQG manager Kersmanc says that’s all part of the bubble.

SpaceX has risen 50% from its IPO price to become the second-most-expensive stock under Morningstar’s coverage.

Pre-IPO holders could start selling later this summer, and earnings will be an important test.

A look at how exploding AI revenues have driven returns, lifted non-tech stocks, added to market concentration, and sent unicorn valuations flying.

Plus: Magnificent Five earnings, regional Fed presidents flex their muscles, and jobs report on deck.

Plus: Does private credit present a contagion risk? Fed decision on deck.