SK Hynix Shares Jump After Strong Quarterly Results
US-listed shares of SK Hynix rose after the company reported strong quarterly results.
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Samsung Q3 profit seen jumping nine-fold on AI demand, chip margins may be flat
Samsung Electronics is expected to report a nearly nine-fold jump in third-quarter operating profit driven by robust AI demand, though analysts have cut forecasts by nearly 8% since the end of August. Chip prices rise but pace of growth slows, with memory chip margins potentially flat.
LuxExperience, Alvotech, Twist Bioscience And Other Big Stocks Moving Higher On Wednesday
U.S. stocks were mixed, with the Nasdaq Composite gaining around 150 points on Wednesday. Shares of LuxExperience BV-ADR (NYSE: LUXE ) rose sharply after the company reported fourth-quarter results. LuxExperience reported quarterly losses of 21 cents per share which missed the analyst consensus estimate of losses of 14
U.S. futures rise as Trump rules out Iran talks
U.S. stock futures are higher, with S&P 500 and Nasdaq 100 futures up and Dow futures slightly lower, while investors await Fed July meeting minutes and watch rising oil and Treasury yields.
Meta Platforms, Qualcomm, Robinhood, Microsoft and Chipotle: Why These 5 Stock Are on Investors' Radars Today
Major U.S. indices ended the session lower, with the Dow Jones Industrial Average falling 2.19% to 51,594.14, the S&P 500 declining 1.52% to 7,316.15 and the Nasdaq shedding 1.74% to 24,442.94 The Federal Reserve kept its benchmark interest rate unchanged at 3.50%—3.75% for a fifth consecutive meeting, although three p
KOSPI Plunges 10%
South Korea's KOSPI index suffers a near-vertical drop, plunging 10% before rebounding 2% the next day, driven by weakness in Samsung and SK Hynix stocks