WS #13034
Samsung Q2 record profit (KRW 89.5tn, +1,813% YoY) driven by AI memory; warns of chip shortage deepening into 2028, phone shipments declining in H2. China Commerce Ministry threatens retaliation over US robot ban, escalating trade tensions. Meta Q2 EPS $6.18 miss, net income -14%, FCF $784M; stock down 7%+ after-hours. Fed holds rates (9-3 vote) but 30-year yield hits 5.2%, steepening curve; markets sell off on hawkish tilt. Microsoft Q4 revenue $90B (+18%), Azure +43%, EPS $4.81 beat; after-hours stock +7%+.
Samsung Record Earnings and Chip Outlook
Samsung Q2 record profit (KRW 89.5tn, +1,813% YoY) driven by AI memory; warns of chip shortage deepening into 2028, phone shipments declining in H2.
China Commerce Ministry threatens retaliation over US robot ban, escalating trade tensions.
Meta Q2 EPS $6.18 miss, net income -14%, FCF $784M; stock down 7%+ after-hours.
Fed holds rates (9-3 vote) but 30-year yield hits 5.2%, steepening curve; markets sell off on hawkish tilt.
Microsoft Q4 revenue $90B (+18%), Azure +43%, EPS $4.81 beat; after-hours stock +7%+.