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SK Hynix jumps on strong Q3 results and $75B shareholder return plan, while Robinhood falls on earnings miss.

Company Fundamentals
28 Oct 2026, 14:08 WIB
Seeking Alpha
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Bullish
SK Hynix jumps on strong Q3 results and $75B shareholder return plan, while Robinhood falls on earnings miss.

SK Hynix reported a 31.9% rise in Q3 revenue and a 37.6% increase in operating profit, beating analyst expectations. Strong demand for memory chips is evident as DRAM and NAND prices rose over 20% quarter-on-quarter, with Q4 guidance indicating further capacity expansion. The company announced a $75 billion shareholder return plan for 2023, including dividends and share buybacks. Meanwhile, Robinhood's shares dropped after missing Q3 earnings due to unrealized losses from its venture capital fund, and Amazon updated AI guidelines for its software engineers, emphasizing AI's growing role in software development.

SK Hynix shares rose 7.81% to USD 156.80 on Pluang, reflecting strong investor interest despite a sell-heavy order activity of 71% Sell / 29% Buy. Robinhood shares fell 8.43% to USD 86.59, while Amazon saw a modest 0.17% gain to USD 253.54. These prices are as of Oct 28, 2026 18:01 WIB.

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