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Fed Holds Rates Steady; Market Sees Warsh Hesitant on Aggressive Hikes
The Federal Reserve maintained its interest rates, with Wall Street interpreting Chairman Kevin Warsh as hesitant to hike aggressively. Following this, stocks and long-term bond yields edged higher.
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Previous: Robinhood's Q3 total revenue hit a record $1.4 billion, but net income fell 14% year-over-year to $476 million, including $67 million in unrealized losses. Prediction market revenue surpassed crypto for the second consecutive quarter, reaching $173 million.
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24H Trending
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South Korea's KOSPI index rose 5.18% from its previous close, now at 5,930.51.
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SK Hynix is up 6.86% from its previous close, now trading at ₩1,433,000.
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SK Hynix is up 5.26% from its previous close, now trading at ₩1,411,500.
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SK Hynix is up 8.72% from its previous close, now trading at ₩1,458,000.
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South Korea's KOSPI index rose 6.16% from its previous close, now at 5,985.55.
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Samsung Electronics rose 7.88% from its previous close, now trading at ₩239,500.
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Veir completes $110 million Series C funding round
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Youngone wins 8.8 billion won refund in Scott acquisition dispute
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Bloomberg: Prices for "super metals" used in nuclear energy, semiconductors, and other fields are soaring, with Freeport, the world's largest producer, considering increasing output.
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SK Hynix's third-quarter operating profit exceeded expectations, primarily driven by strong demand for AI chips, and the company also announced a share buyback.
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