Reported about 6 hours ago
Stocks approached record highs but faltered due to declines in semiconductor companies, raising concerns about the industry’s future amid recent disappointing results from SK Hynix. Despite these setbacks, demand for AI chips remains strong, and analysts suggest this may provide opportunities for buyers. The market showed mixed performances, with declines in major tech indexes and fluctuations in bitcoin, while economic data indicated an increase in unemployment claims. Key corporate reports revealed varying performances, with American Airlines projecting losses as Alaska Air exceeded expectations.
Source: YAHOO