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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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cryptobriefing.com
Samsung Electronics set to reassure chip stock investors amid AI trade jitters
Samsung Electronics prepares to reassure chip investors after Kospi crashes rattled AI stocks and spilled over into Bitcoin and crypto markets.
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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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Global Market: Kospi slides after early surge as AI stocks face valuation pressure
Indian investors are watching as South Korean stocks reversed early gains due to concerns over high valuations in AI-linked companies. Despite this, broader Asian markets found…
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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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channelnewsasia.com
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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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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financialpost.com
Asian Stocks Fall on Tech Weakness, Samsung Slides: Markets Wrap
Asian equities dropped as technology shares came under renewed selling pressure, with Samsung Electronics Co. falling after its earnings report.
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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 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, 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 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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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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Asian tech stocks slump as investors lock in profits after Samsung's monster run
Samsung Electronics fell 9% and SK Hynix dropped nearly 15% as investors rotated out of AI chip stocks, dragging the Kospi index down roughly 5%.
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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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gulfnews.com
Samsung earnings spike 1,800% — but why are Asian stocks cooling?
Samsung’s 1,800% profit surge fails to stop Asian tech sell-off as investors cash in AI gains and fret over lofty chip valuations and geopolitical risks.
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Samsung profit soars 19 times but shares slump 9% on oversupply worries
South Korean chipmaker plans to build more fabs to meet rising demand on AI boom
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independent.co.uk
Asian markets retreat after rebounding AI stocks send the S&P 500 to brink of a new record
Asian shares have retreated despite a rebound for AI stocks that lifted stocks on Wall Street