Morning Minute: SK Hynix Earnings, STX Earnings, Fed Decision #shorts

Here are three things to watch ahead of Wednesday's open. SK Heinix posted an earnings beat as its quarterly revenue hit a record high and surged 328% year-over-year. Operating profit also jumped 632% year-over-year for the South Korean chipmaker. [music] The company also announced more than 25 billion in new dividends and share buybacks. Seagate is lower in pre-market trading [music] despite posting an earnings beat on the top and bottom lines. Revenue rose 61% year-over-year to 4.23 23 [music] billion and data center revenue jumped 63%. And all eyes are on the Federal Open Market Committee, which will release its latest rate decision this afternoon at [music] 2:00 Eastern time. Fed Cher Kevin Worsh will then hold a press conference at 2:30. We'll [music] have live reaction to the decision and Carrie Worsh's comments live on a special edition of the watch list. Be sure to download the Schwab Network app and [music] watch 247 on Schwabnetwork.com.