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Bloomberg’s Ed Ludlow breaks down why SK Hynix's Korean shares slumped even after reporting a six-fold jump in profit and raised capital spending to a record $31 billion. Plus, SoFi CEO Anthony Noto joins following the company's earnings topping Wall Street estimates, but showing high expenses; and big tech earnings are on the docket, with Microsoft and Meta coming next.
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00:00:02
Speaker 1: Bloomberg Audio Studios, podcasts, radio news. Bloomberg Tech is live from the heart of Silicon Valley with ed La though in San Francisco.
00:00:22
Speaker 2: This is s Bloomberg Tech Coming up.
00:00:24
Speaker 3: Sk Heinix reports a sixfold jump in profit and raised capital spending to a record thirty one billion.
00:00:30
Speaker 2: But it's Korean shared slumps. We'll tell you why.
00:00:33
Speaker 3: Plus we're joined by SOFI CEO Anthony Nodo. Following the company's ear…
Speaker 1: Bloomberg Audio Studios, podcasts, radio news. Bloomberg Tech is live from the heart of Silicon Valley with ed La though in San Francisco.
00:00:22
Speaker 2: This is s Bloomberg Tech Coming up.
00:00:24
Speaker 3: Sk Heinix reports a sixfold jump in profit and raised capital spending to a record thirty one billion.
00:00:30
Speaker 2: But it's Korean shared slumps. We'll tell you why.
00:00:33
Speaker 3: Plus we're joined by SOFI CEO Anthony Nodo. Following the company's ear…
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