CA
NZ
UK
AU
IND
US
● Fourth-quarter guidance and AI targets both disappointed.
● The rally was led by memory names after SK hynix's results.
● It slipped again after hours in sympathy with Alphabet.
● SK hynix posted profit up more than sevenfold year over year.
● Hard drives remain the workhorse for mass cloud data storage.
● AI-linked orders climbed sharply during the quarter.
● Fourth-quarter guidance was seen as only bracketing expectations.
● Service revenue and net income both grew.
● The stock finished flat on a day dominated by other news.
● The company beat estimates on earnings and free cash flow.
Please wait processing your request...