Asian equities dropped as technology shares came under renewed selling pressure, with Samsung Electronics Co. falling after its earnings report.The MSCI Asia Pacific Index slipped 0.6% with decliners slightly outnumbering gainers. Technology stocks led losses, with Samsung falling more than 6% even…
Samsung Electronics (005930): analysts warn large employee bonus provisions—tied to ~10.5% of semiconductor operating profit—could exceed ₩40 trillion and affect Q2 reported earnin
By Kwanwoo JunSamsung Electronics projected a 19-fold surge in second-quarter operating profit, signaling that its record earnings streak is set to continue amid the artificial-intelligence boom and red-hot demand for chips to power AI infrastructure and applications.The strong results from the wor…
By Kwanwoo JunSamsung Electronics projected a 19-fold surge in second-quarter operating profit, signaling that its record earnings streak is set to continue amid the artificial-intelligence boom and red-hot demand for chips to power AI infrastructure and applications.The strong results from the wor…
By Kwanwoo JunSamsung Electronics projected a 19-fold surge in second-quarter operating profit, signaling a continuation of its record earnings streak amid the artificial-intelligence boom and red-hot demand for chips to power AI infrastructure and applications.The strong results from the world's l…
(22:47 GMT) *Samsung Electronics Sees 2Q Rev KRW171.000T Vs. KRW74.570T >005930.SE (22:47 GMT) *Samsung Electronics Sees 2Q Oper Pft KRW89.400T Vs. KRW4.680T >005930.SE (22:48 GMT) *Samsung Electronics 2Q Oper Pft Estimate Beat FactSet-Compiled Consensus (23:01 GMT) Samsung Forecasts Record 2Q Oper…
Samsung Electronics 2Q Oper Pft Estimate Beat FactSet-Compiled Consensus
Samsung Electronics Sees 2Q Oper Pft KRW89.400T Vs. KRW4.680T >005930.SE
Samsung Electronics Sees 2Q Rev KRW171.000T Vs. KRW74.570T >005930.SE
By Heekyong Yang, Joyce Lee and Hyunjoo JinSamsung Electronics KRX:005930 on Tuesday forecast a 19-fold jump in second-quarter operating profit from a year earlier, surpassing its combined earnings over the past three years as it rides an AI boom that has driven up memory prices.The world's largest…
Tech strategist Dan Ives said the artificial intelligence-driven tech rally remains in its early stages, pointing to strong chip demand trends across Asia ahead of a key earnings season. He said investors are underestimating the scale and earnings power of the AI revolution, which he expects to exp…
By Pete SchroederWall Street surged on Monday and oil prices settled around pre-Iran war levels, as investors eyed new developments in the AI and chipmaker sector ahead of corporate earnings.All three major U.S. indexes ended the day higher. The Dow Jones Industrial Average DJ:DJI ended the day up…
Samsung Electronics (SSNLF), the world's largest memory chipmaker, is expected to deliver another major signal for the global AI trade when it reports preliminary second-quarter results on Tuesday. Analysts tracked by Bloomberg project operating profit of 84.3 trillion won, or $55.1 billion, for th…
By Martin BaccardaxSamsung Electronics earnings and SK Hynix's planned U.S. listing this week will test the AI-fueled chip rally, offering investors an early read on demand for the memory chips powering artificial intelligence.The tech-led rally has powered stocks for much of the year, and indeed c…
By Harry Robertson and Pete SchroederWall Street opened mostly higher on Monday on the back of continued optimism around chip stocks, while oil erased earlier losses amid an anticipated surge in supply.The Dow Jones Industrial Average DJ:DJI was down 0.26%, to 52,761.32 in early trading, but the S…
By Anna SzymanskiWhat matters in U.S. and global markets todayBy Anna Szymanski, Editor-in-Charge, Reuters Open InterestMarkets began the week on a mixed note, with Asian shares easing and Wall Street futures ticking up before the bell on Monday ahead of the first wave of second-quarter earnings r…
By Wayne Cole and Harry RobertsonEuropean stocks and U.S. futures ticked higher on Monday as the potential for increased energy supplies pulled down oil prices and promised relief from inflationary pressures, while investors awaited a crucial earnings season for the AI sector.While there were no ne…
By Dow Jones Newswires StaffU.S. stock futures were higher in early European morning trading, though global trade is muted as investors await Federal Reserve meeting minutes and preliminary results from Samsung Electronics.Changes in the dollar and U.S. Treasurys are limited as both continue to tra…
Round-up of South Korean financial markets:** South Korean shares closed lower on Monday, as chipmaker SK Hynix fell ahead of its listing of $29 billion American depositary receipts on the Nasdaq.** The benchmark KOSPI KRX:KOSPI closed down 37.01 points, or 0.46%, at 8,051.33.** SK Hynix KRX:000660…
By Kwanwoo JunSamsung Electronics is scheduled to report preliminary second-quarter results on Tuesday. Here is what you need to know:OPERATING PROFIT FORECAST: The South Korean technology company is forecast to post a record quarterly operating profit of 85.054 trillion won, equivalent to $55.62 b…
