Ultime notizie per SK Telecom Co (NYSE:SKM) Azioni

SK Telecom Co

SK Telecom is South Korea's largest wireless telecom operator, with 32 million mobile customers. The firm also owns SK Broadband (formerly Hanaro Telecom), which has 7.2 million broadband customers and 9.6 million pay TV customers (6.8 million IPTV and 2.8 million Cable TV). While the firm also purchased stakes in businesses in security and semiconductor memory production as well as developing e-commerce and internet platform businesses, these were all spun off into the separate, SK Square business in November 2021. The company was formed after SK Group purchased KT's mobile business in 1994.

SK Telecom Co Ltd

CHENGDA TECH CO LTD by Chengda Technology Co Ltd.

SK TELECOM CO LTD ORD by SK Telecom Co., Ltd.

While President Trump&#8217;s <a href="https://www.benzinga.com/25/04/44729499/rh-rallies-after-trump-pauses-tariffs-that-triggered-40-selloff">90-day tariff pause</a> announced last week calmed the worst of the market&#8217;s recent volatility, it's still a market that leaves even the most stalwart investors uncomfortable. Volatility and uncertainty appear entrenched now that the trade war between the US and China is escalating, but that doesn&#8217;t mean you have to sit on the sidelines.
There&#8217;s a whole class of stocks that is barely affected by the US-China spat.
​​Here are five &#8211; and each one pays a nice dividend, too.
Income investing has been a popular theme lately and you don't need to stick to domestic equities to find quality dividends. Today, we'll look at five international stocks with enticing (yet sustainable) dividends whose profits are unlikely to get bogged down by tariffs.
<h2 class="wp-block-heading">Mizuho Financial Group Inc.&nbsp;</h2>
Once the largest asset manager in the world, Mizuho Financial Group (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MFG#NYSE">MFG</a>) is still the third largest bank in Japan with nearly $2 trillion in assets (254 trillion yen) and over 59,000 employees. Based in Tokyo, Mizuho splits its divisions into four groups: Retail, Corporate, Wealth and Asset Management and Specialty Affiliates (such as the Mizuho Research Institute). The company's current market cap in dollars is just under $61 billion.
<figure class="wp-block-image"><img decoding="async" src="https://lh7-rt.googleusercontent.com/docsz/AD_4nXdD5uBfLKiF-GsMqc2-akZEwM1I7JfVwVmvQGiqZyzD9Wtvft7BdArnG7pwg26q5SvzaffHxtTCoYqD3U5NaQPbB4xf_MtdsAkQvQsPCFbR2MW8WTRLc3orQwU4-4DvXXc7SyDp3Q?key=_zL7ppl5XDh7Ks-FiCwdajeQ" alt="" /></figure>
Mizuho has strong fundamentals and was continuing on an uptrend to start 2025 before crashing in the aftermath of the White House's tariff announcements. The stock trades at just nine times forward earnings with a Price-to-Book (P/B) value of 0.91. MFG pays a 3.32% dividend yield with a dividend payout ratio (DPR) under 28, indicating a sustainable payout with room for growth. Benzinga Edge also grades MFG at a 98.94 for Quality, 86.30 for Momentum, and 73.54 for Growth.
On the technical side, MFG had been using the 50-day moving average as a support level before April's crash, but recently triggered an oversold signal on the Relative Strength Index (RSI). If the stock can break through the 200-day moving average here, there could be more upside ahead in addition to the healthy dividend.
<h2 class="wp-block-heading">SK Telecom Co Ltd.&nbsp;</h2>
SK Telecom (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SKM#NYSE">SKM</a>) is one of the largest telecommunication firms in South Korea, with more than $13 billion (USD equivalent) in annual sales and a market cap approaching $9 billion. It's also one of the most prominent sports sponsors in the country (plus esports through a partnership with Comcast), making it one of the most recognizable South Korean brands worldwide.
<figure class="wp-block-image"><img decoding="async" src="https://lh7-rt.googleusercontent.com/docsz/AD_4nXcPOyF1GCYfudyCsmXQrGIP4aWuHEleayr__lhxg70cz6eXo20_ZyTDD3BSyvckFu3dubD1PAdXAyF_Zpd_0fKIprbrNbUGN4wNAEXLz7OWXJOOofRDZjzoFOsgeH2TJ55VQpBr?key=_zL7ppl5XDh7Ks-FiCwdajeQ" alt="" /></figure>
SKM is also a powerhouse in Korean markets, trading shares on the Korea Exchange and the NYSE. SK Telecom trades at an affordable valuation: the forward P/E is just 9.99, and the Price-to-Sales (P/S) ratio is just 0.64. Telecom has always been a thin-margin business, but SKM posted a 6.89% profit margin last quarter and pays a hefty 6.47% dividend yield (with an elevated yet sustainable 65.7% DPR).
The weekly stock chart also shows a MACD cross, which could trigger the next upward momentum swing. SK Telecom grades out well on Benzinga Edge, too, highlighted by a 99.68 Quality score and 96.10 Value score.
<h2 class="wp-block-heading">Banco Santander S.A. ADR&nbsp;</h2>
Founded over 160 years ago, Banco Santander (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SAN#NYSE">SAN</a>) is one of Spain's largest banks and the world's 49th-largest public company as of 2023. Its current market cap sits at approximately $101 billion; it generates more than 70% of its revenue through its Retail Banking segments. Over the last 12 months, the bank reported more than $145 billion in sales and $13.6 billion in net income.
<figure class="wp-block-image"><img decoding="async" src="https://lh7-rt.googleusercontent.com/docsz/AD_4nXebQQIGOiJw5pfEM0rN2rRmvAwBLpaqZ1nlO7j9qTq1gDR_izYSojLJTxhh6AV4eD7YN79XDenMgfiU3HlaRKqx8gNpO8vXWsKHwvVyqWpch-JzbGR4Zd8gHEbzphk64plPlgYMOQ?key=_zL7ppl5XDh7Ks-FiCwdajeQ" alt="" /></figure>
Banco Santander's dividend is as safe and sturdy as it gets within the European banking sector. The current yield is 3.52% with a DPR under 20%, and the company has grown its payout by more than 50% over the last three years. The stock trades at just 6.8 times forward earnings with a P/S ratio of 0.70 and a P/B value of 1.00. The share price also recently broke back above the 50-day moving average, a positive signal for upward momentum.
<h2 class="wp-block-heading">Jiayin Group Inc.&nbsp;</h2>
How will a Chinese consumer finance company avoid the strictest of Donald Trump's tariffs? By focusing on its domestic products! Jiayin Group (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/JFIN#NASDAQ">JFIN</a>) is a fintech platform that connects lenders and borrowers on a proprietary platform, and consumer finance products could see a boost from Beijing's aggressive stimulus plans in 2025.
<figure class="wp-block-image"><img decoding="async" src="https://lh7-rt.googleusercontent.com/docsz/AD_4nXcWNuLOXMJb5Kjky--Rta-j4sDUuvodLk-7vLeaWGpNj7Ww_xwe8FCXPNEzZNnbL9PkSjwHL6_eqKs9oXN5oIoa-RdHYbLT6sfFDaqN6-U9j9uTdVCBPbE3QpmoOVoG_14kk_Yj?key=_zL7ppl5XDh7Ks-FiCwdajeQ" alt="" /></figure>
JFIN currently yields a mouth-watering 7.89%, often too high to be sustainable. However, the company's DPR rate is just 17.8%, and the company's most recent earnings release noted impressive 65% gross margins. JFIN also has a 4.18 P/E ratio and a 0.35 P/S ratio, plus Benzinga Edge scores of 96.17 in Value, 96.60 in Momentum, and 79.21 in Growth. The daily stock chart shows a strong uptrend still in place, with the 50-day MA above the 200-day MA and the RSI showing a comfortable number under 50.
<h2 class="wp-block-heading">Gold Fields Ltd. ADR&nbsp;</h2>
One asset that hasn't been rocked by volatility is gold, which continues to make new all-time highs in 2025. If you don't want to own gold bullion or U.S. gold miners, you can still get exposure through international stocks, and with Gold Field Ltd. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GFI#NYSE">GFI</a>), you'll earn a dividend yield above 2% as well.
<figure class="wp-block-image"><img decoding="async" src="https://lh7-rt.googleusercontent.com/docsz/AD_4nXchJ5TjyU5GC9qrhC1otwSGwgvUIcWuiLOlP8bamG_yJtC1zCxDDftRP6phCTocDrtnXqDHg6_rNfpHKHpFYLACbzLXg8GDlCGAl1oNHDX59m1q5cVtuNnuF1qnhX0h72oZd2qC?key=_zL7ppl5XDh7Ks-FiCwdajeQ" alt="" /></figure>
Gold Fields has mines in South Africa, Australia, Ghana and Peru. The company has had numerous successful hauls over the last few years and currently expects EPS growth of 75% this year. The DPR is sustainable at 26%, and the stock trades at 8.7 times forward earnings. Technical signs also point to more upside ahead as well.
A golden cross (50-day MA above 200-day MA) occurred in early February, and the stock price recently challenged the 50-day MA on a dip. But the line held firm as support, triggering the next move upward. As long as gold continues to be a popular trade, gold stocks like GFI could see higher prices and strong dividends ahead.
<h2 class="wp-block-heading">1,400% Gains While Others Sat in Cash</h2>
Last week, Matt's Inner Circle was alerted to six major trade opportunities—including 1,400% on SQQQ—while others waited for "clarity." Volatility is our edge, not our enemy. Get the <a href="https://www.benzinga.com/premium/ideas/7-day-free-trial-matt-maley-inner-circle/?el=ResearchDaily&amp;he={{email}}&amp;adt_ei={{email}}&amp;utm_adType=SponsorAd&amp;utm_ad=RD0417&amp;utm_campaign=7daytrial">next alert for free</a> before the market moves again.
Editorial content from our Expert contributors is intended to be information for the general public and not individualized investment advice. Editors/contributors are presenting their individual opinions and strategies, which are neither expressly nor impliedly approved or endorsed by Benzinga.
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Opinion

Trading Ideas

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Collaboration expected to provide technology and capabilities to deliver comprehensive AI data center solutions and services to expanded geographic regions

News

HXSCF

Penguin Solutions, Inc. - Ordinary Shares

PENG

Reported Earlier, Penguin Solutions Teams Up With SK Telecom And SK Hynix To Deliver Global AI Data Center Solutions

Earnings

SK Telecom Co Q3 Sales $3.34B Down From $3.35B YoY

<ul>
<li>On the second day of the SK AI Summit 2024, SK Telecom introduced Aster(A&#x2A;), an AI-driven personal assistant designed for global users</li>
<li>Aster is designed as an 'Agentic AI,' which goes beyond answering simple queries by understanding user intentions to set goals and complete tasks</li>
<li>SK Telecom plans to collaborate with global search providers, LLM developers, and third-party applications to enhance Aster's functionalities for North American users</li>
</ul>

Reported Earlier, SK Telecom Reveals 'Aster', A Global AI Personal Agent Tailored For Global Users

Looking into the current session, SK Telecom Co Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SKM#NYSE">SKM</a>) shares are trading at $23.33, after a 1.27% decrease. Over the past month, the stock fell by 0.62%, but over the past year, it actually went up by 18.84%. With questionable short-term performance like this, and great long-term performance, long-term shareholders might want to start looking into the company's price-to-earnings ratio. 

<img src="https://www.benzinga.com/files/images/story/2024/1727878513_0.png" alt="Past Year Chart" />

<h3>SK Telecom Co P/E Ratio Analysis in Relation to Industry Peers</h3>
The P/E ratio is used by long-term shareholders to assess the company's market performance against aggregate market data, historical earnings, and the industry at large. A lower P/E could indicate that shareholders do not expect the stock to perform better in the future or it could mean that the company is undervalued. 
Compared to the aggregate P/E ratio of the 24.6 in the Wireless Telecommunication Services industry, SK Telecom Co Inc. has a lower P/E ratio of 10.48. Shareholders might be inclined to think that the stock might perform worse than it's industry peers. It's also possible that the stock is undervalued. 

<img src="https://www.benzinga.com/files/images/story/2024/1727878513_1.png" alt="Guage" />

In summary, while the price-to-earnings ratio is a valuable tool for investors to evaluate a company's market performance, it should be used with caution. A low P/E ratio can be an indication of undervaluation, but it can also suggest weak growth prospects or financial instability. Moreover, the P/E ratio is just one of many metrics that investors should consider when making investment decisions, and it should be evaluated alongside other financial ratios, industry trends, and qualitative factors. By taking a comprehensive approach to analyzing a company's financial health, investors can make well-informed decisions that are more likely to lead to successful outcomes.

Intraday Update

Markets

Price Over Earnings Overview: SK Telecom Co

SGH plans to use the capital from SKT&#39;s investment to enhance SGH&#39;s capabilities and add to the Company&#39;s financial flexibility as SGH further expands the scope and scale of its Penguin Solutions branded end-to-end AI factory offerings.
SKT&#39;s current AI-related investments and partnerships include Anthropic, Lambda, and Perplexity. Along with these investments, a partnership and investment with SGH will advance SKT&#39;s goals in the AI value chain across these three pillars: AI semiconductor, AI infrastructure and AI services.

SMART Global Says SK Telecom Is Making $200M Preferred Equity Investment

Through the partnership, SK Telecom and Swift designed, deployed, and are jointly operating a carrier-grade network to deliver Swift&#39;s Skylark&reg; Precise Positioning Service across Korea. Skylark is a cloud-based service that improves the positioning accuracy of standard GNSS by up to 100x &ndash; from several meters down to just a few centimeters. It&#39;s a critical component in more than 8 million connected and autonomous vehicles and devices, including ADAS-enabled and autonomous cars, unmanned aerial aircraft, vehicle tracking solutions, and robotic equipment.

Reported Earlier, Swift Navigation, SK Telecom Collaborate On AI-Powered Location Technology For Korean Market

Swift Navigation ("Swift"), a market leader in precise positioning technologies for automotive, IoT, and mobile applications today announced its partnership with SK Telecom (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SKM#NYSE">SKM</a>, "SKT")))) to accelerate the deployment of AI-powered, location-based products in Korea. &nbsp;
Through the partnership, SK Telecom and Swift designed, deployed, and are jointly operating a carrier-grade network to deliver Swift's Skylark&#xAE; Precise Positioning Service across Korea. Skylark is a cloud-based service that improves the positioning accuracy of standard GNSS by up to 100x – from several meters down to just a few centimeters. It's a critical component in more than 8 million connected and autonomous vehicles and devices, including ADAS-enabled and autonomous cars, unmanned aerial aircraft, vehicle tracking solutions, and robotic equipment.

Global

Swift Navigation, SK Telecom Partner To Expand AI-Powered Location-Based Products In Korea

MSFT

Reported Earlier, SK Telecom Collaborates With Aptos Labs, Brevan Howard And Microsoft To Bring Global Institutional Finance On-Chain With Aptos Ascend

Reported Earlier, SK Telecom Expands AI Assistant 'A.' Features to Android: Introduces Real-Time Call Translation

Under the MOU, SKT, Iceotope and SK Enmove will collaborate to deploy Precision Liquid Cooling (PLC)&#x2A; using SK Enmove&#39;s thermal fluid at SKT&#39;s AI Data Center Testbed. The deployment is to demonstrate PLC&#39;s value in cooling efficiency and power savings. Moreover, SKT will develop an integrated Coolant Distribution Unit (CDU) to support various liquid cooling systems with the technical support of Iceotope.

Reported Earlier, SKT Telecom, Iceotope, And SK Enmove Collaborate To Enhance AI Data Center Cooling Efficiency

Through the Joint Venture Company, the five companies plan to develop Large Language Models (LLMs) specifically tailored to the needs of telecommunications companies (telcos). The LLMs will be designed to help telcos improve their customer interactions via digital assistants and chatbots.&nbsp;The Joint Venture Company will be established within this year. &nbsp;

DTEGF

DTEGY

SFBQF

SOBKY

SK Telecom, Deutsche Telekom, e& Group, Singtel And SoftBank Plan To Establish A Joint Venture

Nomura analyst Angela Hong downgrades SK Telecom Co (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SKM#NYSE">SKM</a>) from Neutral to Reduce.

Downgrades

Analyst Ratings

Nomura Downgrades SK Telecom Co to Reduce

<h3>What Defines a Value Stock?</h3>
A value stock is traditionally defined in terms of how investors in the marketplace are valuing that company's future growth prospects. Low P/E multiples are good base indicators that the company is undervalued and can most likely be labelled as a value stock. 
<h2>Below is a list of notable value stocks in the communication services sector:</h2>
<ol>
<li>KT (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/KT#NYSE">KT</a>) - P/E: 7.21</li>
<li>Weibo (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/WB#NASDAQ">WB</a>) - P/E: 4.8</li>
<li>SK Telecom Co (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SKM#NYSE">SKM</a>) - P/E: 9.76</li>
<li>Xunlei (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/XNET#NASDAQ">XNET</a>) - P/E: 5.87</li>
<li>Telecom Argentina (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TEO#NYSE">TEO</a>) - P/E: 9.83</li>
</ol>
KT's earnings per share for Q2 sits at $0.6, whereas in Q1, they were at 0.47. This quarter, Weibo experienced an increase in earnings per share, which was $0.53 in Q2 and is now $0.57. SK Telecom Co has reported Q2 earnings per share at $0.63, which has increased by 10.53% compared to Q1, which was 0.57. Xunlei's earnings per share for Q3 sits at $0.08, whereas in Q2, they were at 0.13. Most recently, Telecom Argentina reported earnings per share at $0.23, whereas in Q2 earnings per share sat at $0.03. 
These 5 value stocks were selected by Benzinga Insights based on quantified analysis. While this methodical judgment process is not meant to make final decisions, our technology can give investors additional perception into the sector.

Telecom Argentina Stet - France Telecom S.A.

XNET

5 Value Stocks To Watch In The Communication Services Sector

<h3>The Meaning Behind Value Stocks</h3>
A value stock is traditionally defined in terms of how investors in the marketplace are valuing that company's future growth prospects. Low P/E multiples are good base indicators that the company is undervalued and can most likely be labelled as a value stock. 
<h2>Benzinga Insights has compiled a list of value stocks in the communication services sector that may be worth watching:</h2>
<ol>
<li>Sphere Entertainment (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SPHR#NYSE">SPHR</a>) - P/E: 3.88</li>
<li>SK Telecom Co (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SKM#NYSE">SKM</a>) - P/E: 9.62</li>
<li>Verizon Communications (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/VZ#NYSE">VZ</a>) - P/E: 7.63</li>
<li>GD Culture Group (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GDC#NASDAQ">GDC</a>) - P/E: 0.21</li>
<li>Liberty Latin America (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LILAK#NASDAQ">LILAK</a>) - P/E: 9.88</li>
</ol>
This quarter, Sphere Entertainment experienced a decrease in earnings per share, which was $10.21 in Q4 and is now $1.9. SK Telecom Co's earnings per share for Q2 sits at $0.63, whereas in Q1, they were at 0.57. This quarter, Verizon Communications experienced an increase in earnings per share, which was $1.21 in Q2 and is now $1.22. Most recently, the company reported a dividend yield of 6.91%, which has decreased by 0.87% from last quarter's yield of 7.78%.
This quarter, GD Culture Group experienced a decrease in earnings per share, which was $-0.07 in Q2 and is now $-1.15. Liberty Latin America's earnings per share for Q3 sits at $0.29, whereas in Q2, they were at 0.17. 
The Significance: A value stock may need some time to rebound from its undervalued position. The risk of investing in a value stock is that this emergence may never materialize.

LILAK

SPHR

A Look Into Communication Services Sector Value Stocks

<h3>What is a Value Stock?</h3>
A value stock traditionally has a lower price when compared to stock prices of companies in the same industry. This indicates that the company may be undervalued, as investors are not expressing as much interest in such companies. The most commonly used way to check for value is with the price-to-earnings multiple, or P/E. A low P/E multiple is a good indication that the stock is undervalued. 
<h2>The following stocks are considered to be notable value stocks in the communication services sector:</h2>
<ol>
<li>Xunlei (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/XNET#NASDAQ">XNET</a>) - P/E: 6.61</li>
<li>Cogent Comms Hldgs (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CCOI#NASDAQ">CCOI</a>) - P/E: 3.36</li>
<li>VEON (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/VEON#NASDAQ">VEON</a>) - P/E: 2.78</li>
<li>SK Telecom Co (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SKM#NYSE">SKM</a>) - P/E: 9.81</li>
<li>DISH Network (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/DISH#NASDAQ">DISH</a>) - P/E: 2.98</li>
</ol>
Xunlei saw a decrease in earnings per share from 0.13 in Q2 to $0.08 now. This quarter, Cogent Comms Hldgs experienced a decrease in earnings per share, which was $-0.67 in Q2 and is now $-1.2. The company's most recent dividend yield sits at 5.88%, which has decreased by 0.37% from 6.25% last quarter. 
VEON saw a decrease in earnings per share from 0.14 in Q2 to $0.07 now. Its most recent dividend yield is at 11.03%, which has increased by 2.03% from 9.0% in the previous quarter.
SK Telecom Co's earnings per share for Q2 sits at $0.63, whereas in Q1, they were at 0.57. Most recently, DISH Network reported earnings per share at $-0.26, whereas in Q2 earnings per share sat at $0.31. 
These 5 value stocks were selected by Benzinga Insights based on quantified analysis. While this methodical judgment process is not meant to make final decisions, our technology can give investors additional perception into the sector.

CCOI

DISH

VEON

U.S. stock futures traded lower this morning, with the Dow Jones futures falling more than 50 points on Monday.
Shares of Alaska Air Group, Inc. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/alk#NYSE">ALK</a>) shares moved lower in pre-market trading after the company announced plans to acquire Hawaiian Holdings in a <a href="https://www.benzinga.com/m-a/23/12/36061992/alaska-air-set-to-acquire-hawaiian-airlines-in-a-1-9b-deal">deal worth $1.9 billion</a>.
Both airlines will retain their individual brands, a decision prompted by respect for their nearly century-long history and the communities to whom they provide services.
Alaska Air Group shares declined 9.4% to $36.01 in pre-market trading.
Here are some big stocks recording losses in today&rsquo;s pre-market trading session.
<ul>
<li>Virgin Galactic Holdings, Inc. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/spce#NYSE">SPCE</a>) shares dipped 10.3% to $2.10 in pre-market trading after gaining around 5% on Friday.</li>
<li>Trupanion, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/trup#NASDAQ">TRUP</a>) shares fell 8% to $27.00 in pre-market trading. Trupanion filed prospectus for potential offering of up to 3.6 million shares of common stock.</li>
<li>SK Telecom Co., Ltd. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/skm#NYSE">SKM</a>) shares fell 6.4% to $20.62 in pre-market trading.</li>
<li>Avid Bioservices, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/cdmo#NASDAQ">CDMO</a>) shares declined 5.9% to $4.70 in pre-market trading.</li>
<li>Orthofix Medical Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/ofix#NASDAQ">OFIX</a>) shares fell 5.4% to $10.52 in pre-market trading. Sealed Air will replace Orthofix Medical in the S&amp;P SmallCap 600, effective prior to the open of trading on Dec. 18.</li>
<li>Genie Energy Ltd. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/gne#NYSE">GNE</a>) shares declined 4.3% to $22.63 in pre-market trading.</li>
<li>Nokia Oyj (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/nok#NYSE">NOK</a>) shares fell 3.7% to $3.36 in pre-market trading.</li>
</ul>
&nbsp;
Now Read This: <a href="https://www.benzinga.com/news/earnings/23/12/36063396/investor-sentiment-increases-as-s-p-500-reaches-2023-record"> Investor Sentiment Increases As S&amp;P 500 Reaches 2023 Record </a>
Don&rsquo;t forget to check out our <a href="https://www.benzinga.com/premarket/"> premarket coverage here </a>

Penny Stocks

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Alaska Air, Orthofix Medical And Other Big Stocks Moving Lower In Monday's Pre-Market Session

SK Telecom Co Ltd&nbsp;(NYSE: <a class="ticker" href="https://www.benzinga.com/stock/skm#NYSE">SKM</a>) has chalked-out a plan to become a global AI company by&nbsp;<a class="editor-rtfLink" href="https://www.benzinga.com/pressreleases/23/09/n34886254/sk-telecom-announces-ai-pyramid-strategy-to-become-a-global-ai-company" style="background-image:initial; background-position:initial; background-size:initial; background-repeat:initial; background-attachment:initial; background-origin:initial; background-clip:initial; margin-top:0pt; margin-bottom:0pt; color:#4a6ee0" target="_blank">unveiling a new &#39;AI Pyramid Strategy.&#39;</a>
The company will boost its AI competitiveness and collaborate with international partners.&nbsp;
Per the new strategy, the company will focus on three key areas: AI Infrastructure, AI Transformation (AIX), and AI Service.
AI Infrastructure:&nbsp;The segment will comprise a data center, AI semiconductor, and multi-LLM and serve as a technology platform.
The company plans to expand its data center business to the global market, aiming to almost double its capacity by 2030.
Sapeon, an AI semiconductor company established by SKT, will launch a next-generation inference AI chip X330, at the end of this year.
The company invested $100 million in&nbsp;Anthropic&nbsp;last month and KRW 22.4 billion in Konan Technology last year. It is working with both companies to develop LLM customized to telcos and enterprise markets.
Also Read:&nbsp;<a class="editor-rtfLink" href="https://www.benzinga.com/news/large-cap/23/09/34864031/amazon-invests-4-billion-in-chatgpt-competitor-ai-startup-anthropic" style="background-image:initial; background-position:initial; background-size:initial; background-repeat:initial; background-attachment:initial; background-origin:initial; background-clip:initial; margin-top:0pt; margin-bottom:0pt; color:#4a6ee0" target="_blank">Amazon Invests Up To $4 Billion In ChatGPT Competitor, AI Startup Anthropic</a>
AI&nbsp;Transformation:&nbsp;SKM expects to focus its existing core business areas like mobile, broadband, and enterprise with AI, along with expanding into new business areas such as mobility, AI healthcare, media, and advertising technology.&nbsp;
The company expects AI to drive 20% to 30% cost reduction vs. the current level in the mid-to-long term.
AI Service: The company also targets launching the world&#39;s first Korean LLM service, &#39;A.&#39; released in the beta version in 2022.&nbsp;
The company plans to expand its presence in the global AI service market by launching personal AI assistant services simultaneously in several countries globally.
The company expects the proportion of AI-related investment to approximately triple to 33% (2024-2028) over the next five years from 12% over the past five years (2019-2023).
&quot;Destructive innovation triggered by generative AI is already creating new value in all areas of industry, society, and life. With our AI Pyramid Strategy, we will make accelerated moves to strengthen our own capabilities and cooperate with diverse partners, and expand our AI-related resource investments. Through these efforts, we aim to become a global AI company that benefits customers, increases industry productivity, and solves social problems with innovative technologies and services,&quot; said Ryu Young-sang, CEO.&nbsp;
Price Action: SKM shares closed lower by 0.09% at $21.09 on Monday.

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Many of the largest technology companies are looking for new ways to invest in artificial intelligence, which includes investments in their own products and research, as well as&nbsp;taking stakes in smaller <a href="http://www.benzinga.com/topic/artificial-intelligence">AI companies</a>.
On Monday, Amazon.com, Inc (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/amzn#NASDAQ">AMZN</a>) announced an investment in the privately held AI company Anthropic. Here&rsquo;s a look at past investments in Anthropic and who benefits from today&rsquo;s news.
What Happened: Amazon <a href="https://www.benzinga.com/news/large-cap/23/09/34864031/amazon-invests-4-billion-in-chatgpt-competitor-ai-startup-anthropic">announced a new collaboration </a>with Anthropic that will see the companies work together on the development of AI models and provide access to the tools to Amazon Web Services customers.
The e-commerce leader said it will invest up to $4 billion in Anthropic with a minority ownership position in the company.
&ldquo;We have tremendous respect for Anthropic&rsquo;s team and foundation models, and believe we can help improve many customer experiences, short and long-term, through our deeper collaboration,&rdquo; Amazon CEO Andy Jassy said.
Amazon will invest an initial $1.25 billion in Anthropic&nbsp;with an option to increase its total investment to $4 billion, according <a href="http://techcrunch.com/2023/09/25/amazon-to-invest-up-to-4-billion-in-ai-startup-anthropic/">to</a> TechCrunch.
Anthropic plans to raise up to $5 billion over the next two years to help fund and launch its subscription plan for Claude 2, a chatbot&nbsp;and to build a &ldquo;frontier model&rdquo; called Claude-Next.
The private artificial intelligence company has raised around $2.7 billion and was valued at $5 billion earlier this year.
The valuation of the company based on Amazon&rsquo;s investment is not known.
The large investment in Anthropic by Amazon follows one of the biggest financial news stories of 2023 with Microsoft Corp&nbsp;(NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/msft#NASDAQ">MSFT</a>) <a href="https://www.benzinga.com/analyst-ratings/analyst-color/23/01/30527688/microsoft-ramps-efforts-to-build-ai-supercomputer-with-chatgpt-ahead-of-q2-earnings">investing an additional </a>$10 billion in ChatGPT parent company OpenAI in January.
Related Link: <a href="https://www.benzinga.com/news/23/09/34366021/elon-musk-sam-altman-grimes-jensen-huang-are-among-time-magazines-top-artificial-intelligence-voices">Elon Musk, Sam Altman, Grimes, Jensen Huang Are Among TIME Magazine&#39;s Top Artificial Intelligence Voices</a>
Anthropic Investors: Founded in 2021 by former OpenAI employees, Anthropic has quickly become one of the most valuable private artificial intelligence companies and attracted some of the top investors.
The company has<a href="https://www.benzinga.com/news/large-cap/23/08/33838808/ai-startup-anthropic-bags-100m-from-south-korean-telecom-giant-amid-sectors-rise"> attracted investments</a> from the likes of Alphabet Inc (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/goog#NASDAQ">GOOG</a>) (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/googl#NASDAQ">GOOGL</a>), Salesforce Inc (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/crm#NYSE">CRM</a>), Zoom Video Communication (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/zm#NASDAQ">ZM</a>) and SK Telecom Co Ltd&nbsp;(NYSE: <a class="ticker" href="https://www.benzinga.com/stock/skm#NYSE">SKM</a>).
Alphabet<a href="https://www.benzinga.com/news/23/06/32860795/alphabet-inc-backed-ai-startup-anthropic-raises-450-million"> invested around </a>$300 million for a reported 10% stake in the company in June as part of a $450-million funding round.
One of the investors in Anthropic&nbsp;via his Sound Ventures firm&nbsp;is actor&nbsp;Ashton Kutcher. In a speech earlier this year, Kutcher <a href="https://www.benzinga.com/general/entertainment/23/05/32192147/ashton-kutcher-says-companies-not-investing-in-ai-will-go-out-of-business-and-hes-putting-h">highlighted the growth </a>of artificial intelligence and how companies that don&rsquo;t invest in the space could fall behind.
&ldquo;We believe this is potentially the most significant technology we will experience since the advent of the internet,&rdquo; Kutcher said of AI.
Sound Ventures, which is also an investor in OpenAI, raised money this year to invest in additional AI companies.
Another investor in Anthropic is Cathie Wood via the Ark Venture Fund. Wood has been a strong believer in the future value of companies using artificial intelligence. Anthropic, along with Replit and MosaicML are the <a href="https://www.benzinga.com/etfs/specialty-etfs/23/08/33966459/is-nvidia-overpriced-cathie-woods-ark-invest-points-to-3-other-stocks">three privately owned</a> companies she recently highlighted in which the fund is invested.&nbsp;
Another early investor in Anthropic was FTX, the bankrupt cryptocurrency platform co-founded by its former CEO&nbsp;Sam Bankman-Fried.
FTX Wins on Investment: Benzinga previously reported on an <a href="https://www.benzinga.com/news/23/02/30745316/sbf-girlfriend-plowed-funds-into-chatgpt-like-firm-now-google-wants-a-piece">investment in Anthropic</a> by FTX and Alameda. Anthropic raised $580 million in a Series B funding round that included FTX and Alameda.
According to <a href="https://www.crunchbase.com/organization/anthropic">Crunchbase</a>, the Series B was led by&nbsp;Bankman-Fried. Other investors listed for the company include Caroline Ellison, the former CEO of Alameda, and Nishad Singh, the former director of engineering at FTX.
While it is unclear exactly what valuation FTX invested in Anthropic at, it was significantly lower than the $4-to-$5-billion valuation the AI company had earlier this year&nbsp;and likely even lower than the new valuation created by the Amazon investment.
As part of its bankruptcy filing, the $500-million stake in Anthropic was unveiled and became a highly sought-after asset in the bankruptcy proceedings of selling off items to help pay back debtors.
In June, FTX <a href="https://www.benzinga.com/markets/cryptocurrency/23/06/33040841/ftx-halts-sale-of-ai-startup-anthropic-despite-whopping-9-figure-price-tag-report">paused plans to sell </a>its stake in Anthropic, valued at $500 million.
A few months later, there is a high possibility that FTX&rsquo;s stake in Anthropic is worth more and likely even more in demand from a prominent investor.
The big news in the cryptocurrency space recently was FTX being <a href="https://www.benzinga.com/markets/cryptocurrency/23/09/34549075/ftx-gets-green-light-to-liquidate-3-4b-in-crypto-to-pay-off-creditors">allowed to sell</a> the cryptocurrency it was holding, including Solana (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/sol/usd">SOL</a>) and Bitcoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>). Total crypto assets of $3.4 billion could be sold off to help pay debtors and get the company past bankruptcy.
The company&rsquo;s stake in Anthropic could be just as big of news, and holding the stake for an extra three months could have a huge benefit for the bankruptcy procedure for the cryptocurrency platform.
Benzinga&#39;s Take:&nbsp;With Amazon and Alphabet, two of the world&rsquo;s biggest companies, now investors in Anthropic, expect FTX&rsquo;s stake in the company to attract some major attention when it goes back on the sale block.
Read Next:&nbsp;<a href="https://www.benzinga.com/government/23/09/34693423/ai-at-crossroads-as-us-uk-leaders-tackle-tech-monopolies-ethical-dilemmas">AI At Crossroads As US, UK Leaders Tackle Tech Monopolies, Ethical Dilemmas</a>
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