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Futures Fall, Chipmakers Tumble After Samsung Rout; Oil Climbs
"Overnight was ugly, despite a monster Samsung operating profit beat. Classic ‘travel then arrive’ price action."
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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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channelnewsasia.com
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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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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swissinfo.ch
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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cryptobriefing.com
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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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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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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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…
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irishtimes.com
Asian stocks tumble on AI jitters after Samsung forecast
Oil remains steady as investors eye supply and demand
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economictimes.indiatimes.com
Explained: Why did Samsung shares crash 10% even after tech giant forecast 19x jump in profit
Samsung Electronics shares plunged 10% despite forecasting a 19-fold jump in second-quarter profit, as investors worried the AI-driven memory chip boom may be peaking. Analysts…
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Seoul dives on tough day for Asia as Samsung fails to ease tech woes - The Economic Times
Seoul stocks led Asian market losses as Samsung's shares tumbled significantly. Investors remained cautious despite strong earnings and AI-driven demand for memory chips. Wall…
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US Stocks Fall as Samsung Hits Global Chipmakers: Markets Wrap
(Bloomberg) -- Stocks fell as volatility hit chipmakers anew after blowout earnings from Samsung Electronics Co. left investors wanting even more. Bonds slipped as Brent crude…
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morningstar.com
North American Morning Briefing: Stock Futures Drop as Chip Rally Fizzles Out
Stock futures were mixed on Wednesday as the tech rally took a breather even after Samsung Electronics reported an expected huge surge in profit.
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US stock futures decline as Samsung's record earnings trigger massive sell-the-news event
Samsung posted a 19-fold profit increase to $58.4B, yet shares fell 6.9% in a massive sell-the-news event dragging US futures and chip stocks lower.
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zerohedge.com
Futures Fall, Chipmakers Tumble After Samsung Rout; Oil Climbs
"Overnight was ugly, despite a monster Samsung operating profit beat. Classic ‘travel then arrive’ price action."
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US Stocks Fall as Chipmakers Tumble and Oil Climbs: Markets Wrap
(Bloomberg) -- Stocks fell as volatility hit chipmakers anew after blowout earnings from Samsung Electronics Co. left investors wanting even more. Bonds slipped as Brent crude…
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malaymail.com
Seoul dives on tough day for Asia as Samsung fails to ease tech woes
HONG KONG, July 7 — Seoul once again led losses in Asian stocks today as chip giant Samsung tumbled despite an eye-watering rise in profit, stoking fears that the...