US Market

Nvidia chips supplier SK Hynix reported highest profit in 6 years amid AI Demand

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Nvidia chips supplier SK Hynix reported highest profit in 6 years

SK Hynix, a major supplier of memory chips for Nvidia, recently reported its highest quarterly profit in six years, driven by the surging demand for artificial intelligence (AI) technology. SK Hynix reported a 5.47 trillion won ($3.96 billion) operating profit for the April-June quarter, a stark contrast to the 2.9 trillion won loss a year Read more: Nvidia chips supplier SK Hynix reported highest profit in 6 years amid AI Demand..

Ford Stock closed down at 3.92% on July 19, after gaining 17.09% over the past month

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Ford Stock closed down at 3.92% on July 19

Ford Stock (NYSE: F) break its seven-day winning streak on Friday, July 19th, 2024.  The  Ford stock closed down 3.92% at $13.98.  While this may seem like a significant drop, it’s important to put it in context. Despite this setback, Ford stock has still gained about 17.09% over the past months, showing that the company Read more: Ford Stock closed down at 3.92% on July 19, after gaining 17.09% over the past month..

UnitedHealth Stock rose more than 5%, UnitedHealth Q2 earnings boosts Dow to new record

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UnitedHealth Stock rose more than 5%, UnitedHealth Q2 earnings

US Market News Live: UnitedHealth Group (UNH) played a significant role in boosting the Dow Jones Industrial Average to a new record high on July 16, 2024 1:14 pm GMT-4. This surge was primarily due to the company’s better-than-expected second-quarter earnings report. UNH reported adjusted earnings per share (EPS) of $6.80, exceeding analyst expectations. The company’s Read more: UnitedHealth Stock rose more than 5%, UnitedHealth Q2 earnings boosts Dow to new record..