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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 sustainability of the AI-driven rally, while oil prices rose on renewed Middle East tensions.Samsung Electronics forecast a 19-fold jump i
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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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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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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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channelnewsasia.com
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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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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apnews.com
Asian markets retreat, with Korean shares slumping despite an AI-led rebound on Wall St
Asian shares have retreated despite a rebound for AI stocks that lifted benchmarks on Wall Street. The Kospi in South Korea closed down 4.9% after plunging 8% earlier in the day.
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Stock Losses Extend on Tech Weakness, Oil Climbs: Markets Wrap
(Bloomberg) -- Asian equities dropped as technology shares came under renewed selling pressure as investors rotated into other corners of the market. Oil rose after a Qatari LNG…
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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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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
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Stocks Drop on Chip Selloff, Samsung Slumps 10%: Markets Wrap
(Bloomberg) -- Asian equities fell as renewed selling in technology stocks deepened concerns that the AI-driven rally may have run ahead of itself.
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hindustantimes.com
Samsung results trigger slump in Asian stocks, rotation to less loved sectors
Quarterly profit at the world’s largest memory chipmaker surged 19-fold on booming AI demand, but was just 6% above analyst estimates. | World News
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Stocks Drop as Samsung’s Tumble Leads Chip Selloff: Markets Wrap
(Bloomberg) -- Asian equities dropped for the first time in three days as renewed selling in technology stocks deepened concerns that the AI-driven rally may have run ahead of…