Investors eyeing the AI trade this week anticipating the biggest U.S. listing by a foreign company ever. The traders break down what to expect when SK Hynix joins the Nasdaq tomorrow, and why U.S. shares could trade at a permanent premium. Then, Yen vs. Dollar hitting 40-year lows this month waving major red flags for the market. BK Asset Management managing director of FX strategy Kathy Lien lays out the dangers of Japan and U.S. rate differences and what policies could arise from Yen weakness. Plus, shares of PepsiCo falling after mixed second-quarter results, existing home prices at all-time highs, and how the World Cup is causing a spending spike across major cities.<br><br>Fast Money Disclaimer<br><br>Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Counting Down to SK Hynix Offering… And A Major Warning Sign in the Market 7/9/26

CNBC's "Fast Money"

Building a portfolio with Fidelity Basket Portfolios is kind of like making a sandwich. It's as simple as picking your stocks and ETFs, sort of like your meats and other topics, and managing it as one big juicy investment. Mmm, now that's pretty good. Learn more at fidelity.com slash baskets. Investing involves risks including risk of loss. Fidelity Brokers Services, LLC. Member NYSC SIPC.

What would you do if you could get more? More dinner parties with friends. More gear for your garage band. More places to discover. What would you do if you could get more at Shell this summer with the Phil Lucky Sweepstakes? Stop by Shell, scan the QR code at the pump, and enter for a chance to win $100,000 or free fuel for a year. No purchase necessary. Ends 11.59pm Central Time, August 28th. Open to USDC Residents 21+. Visit shell.us slash phil dash.

Lucky for rules and entry details. Live from the Nasdaq market side in the heart of New York City's Times Square, this is Fast Money. Here's what's on tap tonight. Counting down to what is expected to be the biggest ever U.S. listing of a foreign company. What to expect when SK Hynix starts trading tomorrow. And what it could mean for the broader semi-trade. And the yen and retreat the Japanese currency near its lowest levels in four decades. Why one of our traders is flagging a deeper concern amid the move. Plus, Pepsi's warning on input costs. Home builders get a much-needed bid.

And Starbucks ups its bet on AI. How the coffee maker is changing the way it does business. And the companies that could get left in the dust as a result. I'm Melissa Lee. Come to you live from the studio. Be at the Nasdaq.

Counting Down to SK Hynix Offering… And A Major Warning Sign in the Market 7/9/26

Read the full transcript

The candid version is on a podcast,
not the earnings call.

Counting Down to SK Hynix Offering… And A Major Warning Sign in the Market 7/9/26

Read the full transcript

The candid version is on a podcast, not the earnings call.

The candid version is on a podcast,
not the earnings call.