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.

Nykredit A S purchased a new stake in shares of SK Telecom Co., Ltd. (NYSE: SKM) in the undefined quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 347,052 shares of the Wireless communications provider's stock, valued at approximately $11,161,000.

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).