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SK Hynix Profits Surge, Fed Decision on Deck

Bloomberg Markets·October 28, 2026·1 min read

SK Hynix plans to return about $45 billion more to shareholders after profit surged seven-fold, beating expectations, driven by AI chip demand. Meanwhile, traders await Microsoft and Alphabet results and the Federal Reserve decision, expected to hold rates. Treasury yields edged higher.

Read at Bloomberg Markets
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