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'Pray For Kospi': SK Hynix Earnings Miss, Sending Stock Reeling
'Pray For Kospi': SK Hynix Earnings Miss, Sending Stock Reeling
Things are not going to be fun in South Korea tonight...
Good news first...
SK Hynix's net income surged a bigger-than-expected 1,242% (though admittedly on one-time investment gains) with the ginat chipmaker bragging that it won multiyear contracts with around 10 customers.
Ok, now the bad news...
SK Hynix’s quarterly profit rose a smaller-than expected 557%.
The key supplier of Nvidia reported operating profit of 60.5 trillion won ($42 billion) in the June quarter, well below analysts’ average projection for 64.2 trillion won.
Revenue came...
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Authored by Kimberly Hayek via The Epoch Times,
Federal authorities took more than 800 dangerous truckers off America's roads in a three-day enforcement action, officials revealed Tuesday. In the operation, they targeted unqualified foreign drivers and unsafe commercial vehicles.
A truck drives through the Port of Oakland in Oakland, Calif., on Nov. 14, 2025. California has revoke 17,000 commercial driver’s licenses improperly issued to foreign drivers, about 2.5 percent of all commercial licenses in the state. Justin Sullivan/Getty Images
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