Nvidia supplier SK Hynix posts record quarterly profit as AI boom drives demand
Revenue for the third quarter grew about 94% year-on-year.
Asia markets mostly fall after Wall Street extends declines; South Korea avoids technical recession
South Korea’s economy expanded 0.1% compared to the previous quarter’s 0.2% contraction, narrowly avoiding a technical recession.
Want to cash in on the boom in robots? Analyst names 3 stocks to play the trend
Robots are witnessing a “new inflection point” and several global stocks are leading in a corner of the ecosystem, according to Bernstein.
Bernstein names its top European stock picks — and gives 4 more than 50% upside
They span diverse sectors, from recreational vehicle manufacturing to semiconductor production, reflecting Bernstein’s confidence in various European segments.
S&P 500 rises to end three-day losing run, lifted by surge in Tesla: Live updates
The broad market index broke a three-day losing streak on Thursday.
Meet the ‘father of humanoids,’ the Japanese engineer who has created six robot versions of himself
In 2006, Japanese engineer Hiroshi Ishiguro shocked the world by creating an android copy of himself called Geminoid HI-1. Nearly twenty years later, he has built six robot replicas of himself, with each version becoming more advanced.
IBM stock slips on disappointing consulting and infrastructure revenue
IBM’s critical software category performed well due to Red Hat’s gains, but the consulting and infrastructure segments pulled down overall results.
Treasury yields are soaring right now. Here’s how high they may go
The U.S. 10-year Treasury yield topped 4.25% on Wednesday, suggesting further upside ahead.
Shares of Peloton surge 11% after David Einhorn says stock is significantly undervalued
Peloton has been in the middle of a turnaround and Greenlight Capital’s David Einhorn thinks the stock is significantly undervalued.
BMO Capital Markets names stocks to play in either presidential election outcome
The firm listed ideas if either Kamala Harris or Donald Trump wins the November matchup.
