SK Hynix’s US Trading Debut, EasyJet Gets £5.7 Billion Apollo Bid | The Opening Trade 7/10/2026

SK Hynix raised $26.5 billion in its American depositary receipt offering, as the South Korean memory chipmaker powered through volatility to deliver the largest ever US first-time share sale by a foreign company. SK Hynix’s ADR offering joins a rush of tech giants tapping the market’s deep pools of capital to fund the buildout of AI infrastructure. SpaceX held the largest initial public offering in history earlier in June, while Alphabet Inc. is set to raise $85 billion to fund its AI plans. EasyJet received a fresh offer from private equity firm Apollo Global Management for 715 pence a share that beats a rival proposal from Castlelake, a surprise twist in the takeover saga that sets up a possible bidding war between the two US investment funds. The Opening Trade has everything you need to know as markets open across Europe. With analysis you won't find anywhere else, we break down the biggest stories of the day and speak to top guests who have skin in the game. Hosted by Guy Johnson and Lizzy Burden. Chapters: 00:00:00 - The Opening Trade 00:00:42 - Market Check 00:01:23 - Japan Pension Funds 00:04:20 - SK Hynix ADRs 00:06:55 - Burnham Nears UK Premiership 00:08:01 - easyjet, CastleLake Proposal 00:14:09 - Japanese Bonds 00:21:23 - US Says Iran Talks Continue 00:21:57 - VW Eyes Halving Model Lineup 00:22:03 - JPMorgan AI Agents Beat 60/40 Portfolio 00:24:55 - Bond Market Check 00:34:54 - Tech Rotation Trade 00:37:57 - SK Hynix Stock 00:45:46 - Apollo Reaches Pact to Buy easyJet 00:47:38 - Stock to Watch: easyJet, Volkswagen, Deutsche Bank 00:54:34 - easyJet Stock 01:04:32 - M&G World Cup Predictions -------- More on Bloomberg Television and Markets Like this video? Subscribe and turn on notifications so you don't miss any videos from Bloomberg Markets & Finance: https://tinyurl.com/ysu5b8a9 Visit http://www.bloomberg.com for business news & analysis, up-to-the-minute market data, features, profiles and more. Connect with Bloomberg Television on: X: https://twitter.com/BloombergTV Facebook: https://www.facebook.com/BloombergTelevision Instagram: https://www.instagram.com/bloombergtv/ Connect with Bloomberg Business on: X: https://twitter.com/business Facebook: https://www.facebook.com/bloombergbusiness Instagram: https://www.instagram.com/bloombergbusiness/ TikTok: https://www.tiktok.com/@bloombergbusiness?lang=en Reddit: https://www.reddit.com/r/bloomberg/ LinkedIn: https://www.linkedin.com/company/bloomberg-news/ More from Bloomberg: Bloomberg Radio: https://twitter.com/BloombergRadio Bloomberg Surveillance: https://twitter.com/bsurveillance Bloomberg Politics: https://twitter.com/bpolitics Bloomberg Originals: https://twitter.com/bbgoriginals Watch more on YouTube: Bloomberg Technology: https://www.youtube.com/@BloombergTechnology Bloomberg Originals: https://www.youtube.com/@business Bloomberg Quicktake: https://www.youtube.com/@BloombergQuicktake Bloomberg Espanol: https://www.youtube.com/@bloomberg_espanol Bloomberg Podcasts: https://www.youtube.com/@BloombergPodcasts