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Stocks in South Korea and Taiwan, the center of global chip making, plunged on fears about energy prices. Their recovery shows the bullishness over artificial intelligence.
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Korean Stocks to Bounce, US Inflation Fears Ease: Markets Wrap Bloomberg.comSouth Korea stocks crashed 18% in two days. Could it happen here? CNBCAsian Equities Rebound as Risk Appetite Improves WSJIsrael Iran News Everyone Is Watching Strait Of Hormuz. The Real Warning Is Coming from Korea NDTV
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The chip maker sees sales growth in its infrastructure software accelerating, showing that it's focused on and investing in that business.
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Okta beat earnings expectations for the latest quarter, but guidance for the current quarter was below forecasts.
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