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SNEX News6 articles
Gold Hits Nine-Week High as Chinese Buying Spurs Bullish Outlook
Gold climbed to its highest in nine weeks, buoyed by Chinese central bank purchases and technical momentum, with analysts eyeing $4,500 as inflation data looms.
SK hynix Faces Record Earnings Test After $140B Market Cap Wipeout
SK hynix shares fell 14.65% in Seoul, erasing ₩190 trillion in market cap as investors await record Q2 earnings amid concerns over China supply and AI spending.
StoneX Group Rises 2.3% Post-Stock Split Amid Data Feed Discrepancy
StoneX shares rose 2.33% to $70.26 on a split-adjusted basis, while certain data feeds displayed a misleading 32% drop due to unadjusted Friday closing prices.
Energy Stocks Surge on Middle East Tensions, Outperform Tech by 3.5 Points
Energy stocks gained 1.1% on Middle East oil risks, outperforming tech which dropped 2.4%. S&P 500 slipped 0.6% as Brent held above $84 and Treasury yields rose.
Chevron Stock Rises 4% This Week Despite 54% Drop in Annual Gas Deal Volume
Chevron shares rose 4.3% this week, but a new gas deal with Alinta Energy reveals a 54% drop in annual volume. The stock outperformed the market and peers.
Freedom Fuel's Thin Margins Raise Sustainability Concerns
Freedom Fuel's price hike in its first week lagged behind wholesale gasoline, widening the margin gap to 21 cents per gallon and raising questions about the network's sustainability.