SK Hynix posts sixfold rise in Q2 profit on AI chip demand, misses forecasts
SEOUL, July 29 (Reuters) – South Korean chipmaker SK Hynix reported a more than sixfold increase in quarterly…
Micron, Samsung, SK Hynix just dragged memory stocks into a bear market
The AI memory trade finally cracked. Micron (MU), Samsung (005930.KS), SK Hynix (000660.KS), and the Roundhill Memory ETF…
Samsung forecasts 19-fold jump in quarterly profit as AI demand fuels chip crunch
By Heekyong Yang, Joyce Lee and Hyunjoo Jin SEOUL, July 7 (Reuters) – Samsung Electronics on Tuesday forecast…
Here Are 7 Important Things Investors Learned from SpaceX’s S-1 Filing
SpaceX, the aerospace and artificial intelligence (AI) company founded by Elon Musk, recently filed its S-1 prospectus ahead…
Oracle misses quarterly sales and operating profit estimates, shares decline
By Juby Babu and Stephen Nellis Dec 10 (Reuters) – Oracle missed Wall Street estimates for second-quarter revenue…
First-half profit from Prudential’s new business jumps 12%, driven by Hong Kong sales
British insurer Prudential reported strong first-half results on robust growth in key markets from Hong Kong to Indonesia.…