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Stocks ease despite upbeat Samsung forecast, yen languishes
TOKYO, July 7 : Asian stocks drifted lower on Tuesday, even after South Korea's Samsung Electronics forecast an eye-popping 19-fold jump in second-quarter profit, while the Japanese yen remained pinned near 40-year lows amid intervention speculation.Samsung Electronics, the world's largest memory chipmaker,
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channelnewsasia.com
Samsung likely to post 18-fold jump in profit on surging AI demand for memory
SEOUL, July 6 : Samsung Electronics is likely to estimate that its operating profit jumped about 18-fold to another record high from a year earlier in the second quarter, as AI…
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economictimes.indiatimes.com
Global Market Today: Shares edge higher in Asia as oil dips, earnings loom
Asian markets saw gains as Wall Street futures rose, buoyed by hopes of strong earnings and easing oil prices. Reduced inflation fears have lessened the likelihood of a near-term…
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thenextweb.com
Samsung heads for an 18-fold profit jump as AI memory demand runs hot
Analysts expect Samsung to report around 86 trillion won in Q2 operating profit, roughly 18 times last year, as AI memory prices surge.
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cryptobriefing.com
Wall Street rises as tech stocks rally ahead of Samsung earnings
Wall Street rose ahead of Samsung's Q2 earnings, with the chip giant projecting a record $56B operating profit driven by AI memory demand.
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Samsung forecasts 19-fold jump in quarterly profit as AI demand fuels chip crunch
Samsung Electronics forecast a 19-fold jump in Q2 operating profit from a year earlier, as AI-driven demand continued to boost memory chip prices.
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Samsung forecasts record quarterly profit, beating estimates on AI memory demand
SEOUL, July 7 : Samsung Electronics on Tuesday forecast a 19-fold jump in second-quarter operating profit from a year earlier, its third consecutive quarter of record operating…
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straitstimes.com
Samsung flags 1,800% jump in quarterly profit, beating forecasts, on AI memory demand
AI-driven demand continued to boost memory chip prices. Read more at straitstimes.com. Read more at straitstimes.com.
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swissinfo.ch
Asian Stocks Slip, Samsung Slides After Results: Markets Wrap
(Bloomberg) -- Asian equities edged lower as technology shares remained under pressure, with Samsung Electronics Co. declining after its earnings report.
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zerohedge.com
Priced Beyond Perfection: Samsung Electronics Tumbles As Soaring Profit Not Good Enough
The memory bubble appears to be rapidly deflating.
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Global Market Today: Asian stocks slip, Samsung slides after results
The MSCI Asia Pacific Index fell 0.3%, with decliners narrowly outnumbering gainers. Technology stocks led the losses, with Samsung falling over 5% even after quarterly profit…
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Stocks ease despite upbeat Samsung forecast, yen languishes
TOKYO, July 7 : Asian stocks drifted lower on Tuesday, even after South Korea's Samsung Electronics forecast an eye-popping 19-fold jump in second-quarter profit, while the…
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Stocks stumble as tech slides despite Samsung's record profit; oil rises
LONDON, July 7 : Global stocks fell on Tuesday as technology shares slid despite blockbuster results from Samsung Electronics, with investors remaining concerned about the…
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Stocks ease despite upbeat Samsung forecast as yen slides to 40-year lows
Asian stocks slipped despite Samsung's 18-fold profit forecast as the yen hit 40-year lows near 162 per dollar. What it means for investors and crypto
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france24.com
Seoul dives on mixed day in Asia as Samsung fails to ease tech woes
Seoul once again led losses on a mixed day in Asian stocks Tuesday as chip giant Samsung tumbled despite an eye-watering rise in profit, stoking fears that the record-breaking,…
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Stocks Slip as Tech Weakness Weighs, Samsung Falls: Markets Wrap
(Bloomberg) -- Asian equities dropped as technology shares came under renewed selling pressure due to investors rotating into other corners of the market. Chip bellwether Samsung…
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asia.nikkei.com
Samsung profit soars 19 times but shares slump 8% on oversupply worries
South Korean chipmaker plans to build more fabs to meet rising demand on AI boom
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Samsung flags 19-fold jump in profit, but shares slump on jitters AI boom may stall
Samsung reported a significant profit jump, driven by strong AI chip demand. However, its stock declined amid concerns about the AI boom's durability. Memory chip prices…
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Japan's Nikkei falls as Samsung-led chip selloff weighs on regional tech stocks
Japan's Nikkei index fell as semiconductor stocks declined, mirroring Samsung's drop. High-flying memory maker Kioxia shares experienced a significant decrease. Investors shifted…
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bangkokpost.com
Samsung expects 1,800% operating profit leap on AI boom
SEOUL - South Korean technology giant Samsung Electronics forecast Tuesday a massive 19-fold jump in second-quarter operating profit from a year earlier, buoyed by sustained…
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benzinga.com
Samsung Stock Tanks In Seoul Even As Company Reports Record Preliminary Q2 Operating Profit of $58.4 bill
On Monday, Samsung posted record preliminary Q2 earnings as AI chip demand drove operating profit to 89.4 trillion won.