Samsung Stock Falls 3% Even as Profit Tops $80 Billion: Is a Record Quarter Not Enough?
Samsung shares fell 2.69% to 235,500 won by 10:11 a.m. Korea time on Thursday, shortly after the company reported a record quarterly operating profit of KRW 107.4 trillion, about $80 billion. The stock had traded higher before the release, adding to a 9% gain on Wednesday that followed SK Hynix’s own record quarter.…
Read it in your languageMachine translation by Google of the publisher's page
More in Technology
From the blog
Analyst Urges XRP Investors To Note Ripple’s Latest Move
Analyst X Finance Bull highlighted Ripple's Treasury platform expansion, noting its potential to capture a share of the massive global…
Elara Winter3 min read
Analyst Cites Franklin Templeton Remarks to Boost XRP, XLM, and HBAR Outlook
Franklin Templeton has built something institutional finance has never seen before. Sandy Kaul, the firm’s Head of Innovation, appeared in…
Elara Winter3 min read
Crypto Billionaire Matthew Mellon Recounts How XRP Rescued Him During a Banking Crisis
Crypto researcher SMQKE recently posted a clip on X that few people have seen. It shows Matthew Mellon, a banking…
Elara Winter3 min read