Baidu Approves $5 Billion Share Buyback and Plans First-Ever Dividend in 2026 
Amazon Stock Rebounds After Earnings as $200B Capex Plan Sparks AI Spending Debate 
Instagram Outage Disrupts Thousands of U.S. Users 
Prudential Financial Reports Higher Q4 Profit on Strong Underwriting and Investment Gains 
SoftBank Shares Slide After Arm Earnings Miss Fuels Tech Stock Sell-Off 
Washington Post Publisher Will Lewis Steps Down After Layoffs 
TSMC Eyes 3nm Chip Production in Japan with $17 Billion Kumamoto Investment 
Weight-Loss Drug Ads Take Over the Super Bowl as Pharma Embraces Direct-to-Consumer Marketing 
TrumpRx Website Launches to Offer Discounted Prescription Drugs for Cash-Paying Americans 
Hims & Hers Halts Compounded Semaglutide Pill After FDA Warning 
OpenAI Expands Enterprise AI Strategy With Major Hiring Push Ahead of New Business Offering 
Nvidia, ByteDance, and the U.S.-China AI Chip Standoff Over H200 Exports 
Missouri Judge Dismisses Lawsuit Challenging Starbucks’ Diversity and Inclusion Policies 
SpaceX Pushes for Early Stock Index Inclusion Ahead of Potential Record-Breaking IPO 
Sony Q3 Profit Jumps on Gaming and Image Sensors, Full-Year Outlook Raised 
Toyota’s Surprise CEO Change Signals Strategic Shift Amid Global Auto Turmoil 
The Korea Exchange received 20 preliminary applications for initial public offerings in April, five times higher than in March.
According to SK Securities analyst Lee So-joong, the sudden increase in applications was due to the sharp decline of confirmed COVID-19 cases and the continued stock index rally in mid-April.
Lee expects more increases in IPO applications in May.
He added that there is an increasing number of companies developing non-face-to-face services that will soon make their market debut.
The internet-only Kakao Bank and South Korea's leading e-commerce company Tmon are also set for listing.
Investors' interest is set to shift to e-commerce and 5G network due to the COVID-19 impact. Traditionally, materials, parts, and equipment sectors are popular with investors.
Among the companies that applied for a preliminary IPO in March include technology firms such as WiPAM, VINA Tech, and Aim Systems.
