

SK Telecom Co., Ltd. (NYSE: SKM - Get Free Report) passed above its 200-day moving average during trading on Tuesday. The stock has a 200-day moving average of $35.64 and traded as high as $36.72. SK Telecom shares last traded at $36.4440, with a volume of 698,111 shares traded. Wall Street Analysts Forecast Growth Several research

SK Telecom (SKM) is rated 'Buy' as it accelerates margin-accretive AI Data Center (AIDC) exposure via new units SK Hyper and SK Horizon. SKM monetized its existing AIDC assets by selling a 49% stake in Horizon for ₩3.1T, unlocking value equal to 27% of its market cap. SK Hyper targets 5GW/15GW AIDC capacity by 2029/2035, leveraging group synergies and a commitment-backed pre-leasing model for measured growth.

NÜRTINGEN, Germany--(BUSINESS WIRE)--ADS-TEC Energy PLC (NASDAQ: ADSE) (the “Company”), a global leader in battery-based energy storage and fast-charging systems, today announced its unaudited interim condensed consolidated financial statements as of and for the six months ended June 30, 2026. First Half 2026 Highlights Market momentum building. After a period of general caution in the EV market, various industries are now looking forward to growth momentum. Battery-electric vehicle registratio.


Anthropic is barreling toward what could be the largest IPO in history, with investors and bankers reportedly targeting a valuation near $2 trillion and a raise exceeding $86 billion when the offering launches as soon as mid-October — but retail investors still can't buy Anthropic stock directly.

SKM's SK Horizon spin-off targets AI data center growth with KRW 3.08 trillion from KKR and IMM, reshaping its infrastructure strategy.

KKR and a consortium of South Korean firms are investing $2.2 billion in an AI data-center company being created by telecommunications firm SK Telecom through a spinoff.

- SK Telecom further restructures its AI infrastructure business to enhance expertise, accelerate decision-making, and enable focused investment ① Plans to establish a new company 'SK Horizon' by spinning off SK Broadband's data center and submarine cable businesses ② KKR and the IMM Investment-Stonebridge consortium will each invest in SK Horizon, with their investments totaling KRW 3.08 trillion, providing funding for large-scale expansion. - SK Telecom to oversee the AI data center business, SK Horizon to handle operations and expansion, and SK Hyper to develop GW-scale projects - The surviving company, SK Broadband, to drive AX-based innovation to enhance competitiveness across its businesses, including fixed-line and media SEOUL, South Korea, Aug. 27, 2026 /PRNewswire/ -- SK Telecom (NYSE: SKM, hereinafter "SKT") today announced that it will split its wholly owned subsidiary SK Broadband into a surviving company (SK Broadband) and a newly established company (SK Horizon).