Dow Jones Futures Fall After Inflation Data, Jobless Claims; Tesla Surges On Elon Musk Tweet

Stock Market Today; Dow Jones futures dropped after key inflation data Thursday. Tesla stock surged on CEO Elon Musk's tweet. Read More...

Tech, Media & Telecom Roundup: Market Talk

0014 GMT – SK Hynix is set to stage a strong profit turnaround in 2024 on brisk demand for high-bandwidth-memory chips and enterprise solid-state drives, Daiwa Capital analyst S.K. Kim says in a note. Kim expects the South Korean semiconductor company to continue solid earnings growth until 2025 on tight chip supply. SK Hynix, likely to supply an estimated 80% of HBM3 and eight-stack HMB3E products to Nvidia could see revenue double to KRW65.7 trillion with operating profit of KRW22.6 trillion in 2024.

The Wall Street Journal

Read More

Add Comment

Click here to post a comment