SK Hynix's profits surged sixfold and its stock still dropped 10%. The Fed is poised to make its more unpredictable rate decision since 2018. Plus, Microsoft and Meta earnings are up tonight. Today’s recommended read: Three midweek thoughts - cresting capex, Burnham bounce and Ukraine-Iran by Mike Dolan Subscribe to Mike Dolan's Morning Bid newsletter, and check out his columns on Reuters Open Interest. Read more from Amanda Cooper and Anna Szymanski. Produced by Eliza Davis Beard and Abisoye Osundairo. Sound engineering and music by Sebastian and Josh Sommer. Visit the Thomson Reuters Privacy Statement for information on our privacy and data protection practices. You may also visit megaphone.fm/adchoices to opt out of targeted advertising. Learn more about your ad choices. Visit megaphone.fm/adchoices
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