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Semiconductor stocks fall and Treasury yields rise despite Samsung Electronics' record profits

Yahoo Finance +1 ·

NVDA NVIDIA Corp
$230.48 -2.94%
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AMD -3.90%
  1. 1Samsung Electronics reported a preliminary record third-quarter profit of $80 billion.
  2. 2Nvidia and AMD are expected to fall for a second consecutive day from all-time highs.
  3. 3Brent crude oil futures rose toward $105 per barrel.

So what's the key point?

Samsung Electronics made a massive profit of $80 billion in the third quarter. However, stock prices for semiconductor-related companies are falling and oil prices are rising.

Source Yahoo Finance +1 · View original ↗

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