News about stocks: events, facts and developments on tafs uz.
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SK hynix's record quarterly profit returned optimism to the AI asset market: the Kospi index rose more than 6%, and Kioxia more than 10%. Market attention is shifting to Microsoft and Alphabet earnings and the Fed's decision.
Aziz KarimovNetflix reported better-than-expected earnings: EPS $0.87, revenue $12.87 billion (+12% y/y), net income $3.66 billion. The company acknowledged investor concerns about slowing viewing hours and revenue growth, announced layoffs of about 1,000 employees (6%) and a change of content chief: Bela Bajaria is being replaced by Peter Rice. Despite solid results, shares fell more than 5%.
Sevara AzamovaOn Thursday, global markets traded positively: technology stocks recovered after the previous day's decline, and US Treasury yields fell. US PPI in September rose 1.3% month-on-month and 6.3% year-on-year — the highest since 2022 — reinforcing concerns about a possible Fed rate hike. Retail sales beat expectations (+0.8%). Asian indices rose notably, while European and American ones were mostly in positive territory.
Dilnoza Rahimova
