NXPI shares are heading for the fifth straight day in the red.
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(Bloomberg) -- South Korea’s stock selloff deepened as SK Hynix Inc.’s earnings disappointed, worsening the already‑jittery sentiment around artificial intelligenceMost Read from BloombergNvidia’s $750 Billion in Deals Reignite Circular AI FearsChip Rout Deepens on Circular Funding, China Competition FearsApple Set to Make Big Smart Home Push With Siri AI at CenterCitadel Securities Sees Warsh Delivering Surprise Fed HikeUEFA Considering Boycott of FIFA Tournaments in Brewing FeudThe benchmark K
South Korea’s Kospi stock index dropped more than 8% on Wednesday as doubts over massive investments in artificial intelligence once again led investors to dump shares. The latest rout was led by a plunge in shares in chipmaker SK Hynix after its operating profit in the last quarter fell short of analysts’ forecasts even though it soared sixfold to a record 60.5 trillion won ($41.2 billion). SK Hynix sank 12.6% while shares in Samsung Electronics dropped 8%.
Investors shifted away from capital-intensive AI and clean-energy stocks amid profitability concerns.
SKHY stock dropped 7% in the overnight session late Tuesday, while MU and SNDK fell about 5% each.
Analysts raised price targets, but concerns over lower margins, and weak package volumes kept investors cautious about the company's outlook.
South Korean memory-chip maker SK Hynix missed Q2 sales estimates but its net profit rocketed due to investment gains. SKHY stock rose late.
Chinese authorities have imposed new barriers on Western Digital’s Sandisk unit, adding fresh constraints on its China operations in 2026. These measures come as China ramps up state-backed initiatives and competitive efforts that weigh on foreign chipmakers’ supply chains and market access. The developments coincide with a wider chip sector selloff that has pushed the Nasdaq 100 into correction territory. Western Digital, traded as NasdaqGS:WDC, sits at the crossroads of flash storage,...
Ford is expanding its customization and aftermarket business to capture more of the $53 billion U.S. aftermarket, adding accessories, performance parts and exclusive limited-edition vehicle “drops.” Ford Custom Garage debuted its first limited-edition “vehicle drop” on Monday, unveiling a desert...
The past year hasn’t been kind to the stocks featured in this article. Each has tumbled to its lowest point in 12 months, leaving investors to decide whether they’re witnessing fire sales or falling knives.
South Korean chipmaker SK Hynix reported a more than sixfold increase in quarterly operating profit to a record high on Wednesday, driven by robust demand for advanced memory chips as big technology firms ramped up spending on AI data centres. The Nvidia supplier reported an operating profit of 60.5 trillion won ($41.62 billion) for the April-June period, compared with 9.2 trillion won a year earlier. But it missed a 64 trillion won forecast by LSEG SmartEstimate, which is weighted toward analysts who are more consistently accurate.
(Bloomberg) -- SK Hynix Inc.'s quarterly profit rose a smaller-than expected 557%, adding to heightened fears that an AI boom that has propelled the semiconductor industry may be decelerating. Most Read from BloombergChip Rout Deepens on Circular Funding, China Competition FearsNvidia's $750 Billion in Deals Reignite Circular AI FearsApple Set to Make Big Smart Home Push With Siri AI at CenterCitadel Securities Sees Warsh Delivering Surprise Fed HikeSpaceX Rebounds After Briefly Plunging 20% Bel
(Bloomberg) -- SK Hynix Inc.’s quarterly profit rose a smaller-than expected 557%, adding to heightened fears that an AI boom that has propelled the semiconductor industry may be decelerating. Most Read from BloombergChip Rout Deepens on Circular Funding, China Competition FearsNvidia’s $750 Billion in Deals Reignite Circular AI FearsApple Set to Make Big Smart Home Push With Siri AI at CenterCitadel Securities Sees Warsh Delivering Surprise Fed HikeSpaceX Rebounds After Briefly Plunging 20% Bel
Pan American Silver (PAAS) concluded the recent trading session at $43.23, signifying a -2.04% move from its prior day's close.
Ouster, Inc. (OUST) concluded the recent trading session at $33.91, signifying a -3.5% move from its prior day's close.
Walmart stock has delivered a strong 151.4% return over the past five years, yet the latest Discounted Cash Flow (DCF) estimate points to the shares trading at a premium to intrinsic value, while market based multiples suggest pricing that is closer to fair. Over the past five years, a 151.4% total return highlights how much of Walmart's long term value story may already be reflected in the share price. Walmart's dominant grocery position and partnerships that support better inventory...
Lithium Americas Corp. (LAC) concluded the recent trading session at $2.77, signifying a -4.48% move from its prior day's close.
Powell Industries (POWL) concluded the recent trading session at $201, signifying a -8.32% move from its prior day's close.
In the most recent trading session, Hims & Hers Health, Inc. (HIMS) closed at $29.32, indicating a -3.04% shift from the previous trading day.
In the most recent trading session, Novavax (NVAX) closed at $7.37, indicating a -1.6% shift from the previous trading day.
A stock that historically falls harder than the market during market-wide shocks is trading well below its own high, and its own shock record says how deep and how long a real drawdown could run.
Investors are fearful about Palantir stock -- but Wall Street says it's time to get greedy.
Semiconductor equipment vendor KLA beat Wall Street's targets for its fiscal Q4 and with its outlook. But KLAC stock fell.
The air conditioning business is heating up, thanks to AI. Tuesday morning, heating, ventilation, and air conditioning company Carrier Global reported better-than-expected second-quarter results and raised its full-year financial guidance.
The reported workforce reduction will primarily affect Visa's technology and product operations.
Palantir Shares Tumble After Monster Rally as Wall Street Turns Cautious Before Q2 Results
Visa shares rally on plans to lower its global headcount by 7%. Here’s how you should play V stock ahead of the company’s Q3 earnings today after market close.
Wireless chips maker Skyworks Solutions (NASDAQ: SWKS) reported revenue ahead of Wall Street’s expectations in Q2 CY2026, but sales fell by 3.1% year on year to $934.8 million. Guidance for next quarter’s revenue was better than expected at $1.04 billion at the midpoint, 0.8% above analysts’ estimates. Its non-GAAP profit of $1.08 per share was 4.8% above analysts’ consensus estimates.