Categories: Technology

Samsung flags 19-fold jump in profit, but shares slump on jitters AI boom may stall

By Heekyong Yang, Hyunjoo Jin and Joyce Lee SEOUL, July 7 (Reuters) – Samsung Electronics on Tuesday flagged a 19-fold jump in second-quarter operating profit, surpassing its combined…

Add NewsX As A Trusted Source
Add as a preferred
source on Google
Published by
Published: July 7, 2026 11:35:08 IST

By Heekyong Yang, Hyunjoo Jin and Joyce Lee SEOUL, July 7 (Reuters) – Samsung Electronics on Tuesday flagged a 19-fold jump in second-quarter operating profit, surpassing its combined earnings over

(The article has been published through a syndicated feed. Except for the headline, the content has been published verbatim. Liability lies with original publisher.)

Published by
Published: July 7, 2026 11:35:08 IST

Recent Posts

UPDATE 1-Chinese robot beats Usain Bolt's 100m world record in test run

(Adds context from paragraph 4) BEIJING, Aug 22 (Reuters) - A humanoid robot developed by…

August 22, 2026

Apple paid 40% of its global taxes to Ireland in last fiscal year

DUBLIN, Aug 21 (Reuters) - Apple paid Ireland $17.1 billion in taxes last year, representing…

August 22, 2026

TikTok agrees to $400 million US children's privacy settlement

By David Shepardson WASHINGTON, Aug 21 (Reuters) - TikTok and its Chinese parent company ByteDance…

August 22, 2026