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Operating profit at Samsung’s semiconductor division rose to more than 220 times its year-earlier level. However, the company warned that memory chip shortages could worsen next year as AI infrastructure expands rapidly.View on euronews
Meta's record revenue driven by AI-enhanced advertising and new products is offset by a 55% expense surge and a sharp drop in free cash flow to $784 million.
Amgen (NasdaqGS:AMGN) received a positive opinion from the European Medicines Agency’s CHMP for an expanded Repatha indication in Europe. The recommendation covers use of Repatha to help reduce cardiovascular risk in high risk adults without a prior heart attack or stroke. The CHMP view is based on Phase 3 clinical data that showed a significant reduction in major adverse cardiovascular events. Amgen is a large biotech company with a focus on cardiometabolic, oncology and immunology...
European Commission grants marketing authorization for Pfizer and BioNTech’s XFG-adapted COVID-19 vaccine for the 2026-2027 season in the EU. Approval covers use in individuals aged 6 months and older across all EU member states. Authorization supports advance manufacturing and supply ahead of the upcoming respiratory disease season. Pfizer, listed as NYSE:PFE, now has European Commission authorization for its XFG-adapted COVID-19 vaccine for the 2026-2027 season. The decision confirms that...
The world's largest auto retailer raised its dividend by 23%.
Chipotle jumped after hours, but is the recovery sustainable?
Samsung Electronics Co. Ltd.‘s (OTC:SSNLF) shares rose on Thursday after the chipmaker posted a record second-quarter operating profit as surging artificial intelligence memory demand boosted its semiconductor business, though higher component costs weighed on earnings in its mobile division. Operating Profit Beat Estimates Operating profit climbed to a record 89.5 trillion KRW ($61.93 billion) for the second-quarter, beating the 88.13 trillion KRW ($60.98 billion) analysts’ forecast compiled by
Samsung Electronics Co.'s semiconductor arm reported a more than 250-fold jump in profit, with an operating income of 89.2 trillion won in the June quarter. Bloomberg's Anthony Stephens reports on the latest data.
Chipotle Mexican Grill raised its 2026 comparable sales growth outlook to low single-digit range.
The UAE becomes Anktiva’s fifth regulatory jurisdiction, expanding its footprint to 34 countries and boosting ImmunityBio’s global push.
The hyperscaler impressed Wall Street by holding firm on AI spending.
Samsung's Q2 operating profit jumped 1,800% year over year as AI-driven memory chip demand pushed revenue to a record high.
Samsung Electronics’ net profit surged 14-fold in the second quarter, as a stellar performance by its core semiconductor division, helped the technology titan extend its streak of record earnings.
Sony Group has made a proposal to acquire Tamron Co, the Japanese camera lens maker said on Thursday, adding it has established a special committee to review various options. Sony has made a non-binding proposal for a series of transactions to make Tamron a wholly owned Sony subsidiary, the optical components manufacturer said in a statement. Tamron had a market capitalisation of $1.18 billion at Wednesday's close.
(Bloomberg) -- Samsung Electronics Co.’s semiconductor arm reported a more than 250-fold jump in profit after AI’s reliance on memory delivered hefty margins. Most Read from BloombergStocks Fall as 30-Year Bond Yields Surge After Fed: Markets WrapWarner Bros. Deal Collapse Would Cost the Ellisons $9.8 BillionTrump Says US Will Strike Iran Hard as War Escalates AgainUS Intercepts Iran Attack on Bases, Puncturing Days of CalmApple Set to Make Big Smart Home Push With Siri AI at CenterThe unit, whi
Samsung Electronics said on Thursday its operating profit jumped 19-fold to a record in the second quarter, as solid demand for AI chips offset weaker earnings at its mobile business. "In H2 2026, the Memory Business expects robust demand centered on servers stemming from continued AI infrastructure capex and broader adoption of agentic AI," Samsung said in a statement. The world's top memory chipmaker reported operating profit of 89.5 trillion won ($61.98 billion) for the April-to-June period, in line with its estimate of 89.4 trillion won and up from 4.68 trillion won a year earlier.
Robinhood Markets (Nasdaq: HOOD) is the e-trading brokerage platform that is extremely popular among retail traders for its equity, crypto, and tokenized stock offerings. On July 1, the brokerage firm launched Robinhood Chain, an Arbitrum permissionless, layer-2 blockchain built on ...
Shareholders just got a caffeinated jolt from the coffee purveyor.
S&P Global (NYSE:SPGI) has acquired a majority stake in Nigerian ratings agency Agusto & Co., expanding its reach in the African credit ratings market. The company has also completed additional portfolio actions, including the acquisition of datacenterHawk and the spin off of its Mobility business. These moves come alongside strong second quarter performance and highlight an active reshaping of S&P Global's business mix and geographic footprint. S&P Global is best known for its credit...
Healthy living trends favor the connected device maker.
(Bloomberg) -- A bipartisan group of US senators urged Apple Inc. to abandon any efforts to buy chips from blacklisted Chinese semiconductor suppliers CXMT Corp. and Yangtze Memory Technologies Co., warning that the iPhone maker risked becoming reliant on a US adversary for crucial components.Most Read from BloombergStocks Fall as 30-Year Bond Yields Surge After Fed: Markets WrapWarner Bros. Deal Collapse Would Cost the Ellisons $9.8 BillionTrump Says US Will Strike Iran Hard as War Escalates Ag
Sensata (ST) delivered earnings and revenue surprises of +5.38% and +2.76%, respectively, for the quarter ended June 2026. Do the numbers hold clues to what lies ahead for the stock?
Procore Technologies (PCOR) delivered earnings and revenue surprises of +14.63% and +2.65%, respectively, for the quarter ended June 2026. Do the numbers hold clues to what lies ahead for the stock?
Ethan Allen (ETD) delivered earnings and revenue surprises of +5.88% and +0.04%, respectively, for the quarter ended June 2026. Do the numbers hold clues to what lies ahead for the stock?
DMC Global (BOOM) delivered earnings and revenue surprises of +126.67% and +5.36%, respectively, for the quarter ended June 2026. Do the numbers hold clues to what lies ahead for the stock?
Agnico (AEM) delivered earnings and revenue surprises of +5.54% and -1.56%, respectively, for the quarter ended June 2026. Do the numbers hold clues to what lies ahead for the stock?
The company was smart to turn down a recent acquisition offer.
Following their upbeat Q2 reports, investors may be wondering whether the recent rally in GM or Ford stock has further room to run.
One commands premium lending with concentrated risk; the other sprawls across insurance, energy, and rails with a fortress balance sheet.
NASA Administrator Jared Isaacman publicly backed SpaceX as central to US lunar exploration plans and orbital artificial intelligence efforts. The endorsement positions SpaceX and its Starship program as key to NASA’s goal of a long term moon base. The comments highlight closer alignment between NASA objectives and SpaceX’s space based AI infrastructure projects. For investors watching Space Exploration Technologies, the endorsement from NASA places fresh attention on how the company’s core...
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