Business

Tech Sector Struggles

Updated 2026-10-23 01:05 UTC 1 source Negative

Shares of SK Hynix declined after the company canceled plans for a potential IPO of Solidigm. Additionally, the 10-year Treasury yield dropped to its lowest level in nearly a month.

Coverage timeline — 2 articles

CNBC

SK Hynix shares slide after chipmaker scraps Solidigm IPO plans

SK Hynix has shelved plans for a potential U.S. IPO of Solidigm amid market volatility and share price concerns.

2026-10-23 00:53 UTC

CNBC

10-year Treasury yield tumbles below 5% to lowest level in nearly a month

Treasury yields dove dramatically lower on Thursday as investors monitored a slump in stocks and surging oil prices.

2026-10-22 20:05 UTC