SK Hynix’s Record Profit Still Trails What Analysts Wanted to See
SK Hynix released its second-quarter financial results today, reporting a surge in profit and revenue. However, the numbers still missed analyst estimates. The firm posted revenue of 79.3 trillion won, below LSEG SmartEstimates of 84 trillion won. Operating profit reached 60.54 trillion won, short of the 64 trillion won expected. AI Demand Powers A Record
Why Some Economists Want Fed Chair Warsh to Hike Rates Today
Economists like Joe Lavorgna argue the Fed should hike rates today. Here is the case for a tighter stance, why markets still expect a hold, and what a surprise move could mean for risk assets and crypto.
KOSPI-Nasdaq Correlation Hits 5-Year High as AI Bet Worryingly Binds Markets
South Korea's Kospi and the Nasdaq 100 are moving in lockstep as AI chip demand ties Samsung and SK Hynix to Wall Street.
Cramer Sees Echoes of Dot-Com Bust as Wall Street Flees AI Stocks for Safety
Jim Cramer says Wall Street's shift from AI stocks to value names echoes the 2000 dot-com bust.
Seagate’s 48% Revenue Surge Silences Growing AI Infrastructure Skeptics
Seagate's Q4 beat and strong guidance push back against growing doubts about the AI infrastructure trade.
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