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Samsung

Samsung Q3 profit surges 783 percent on AI chip demand

Samsung Electronics posted third-quarter operating profit of 107.44 trillion won, up 783 percent year over year. Revenue reached 195.25 trillion won, slightly missing analyst estimates.

Samsung

Samsung posts record quarterly revenue but misses profit estimates

Samsung Electronics reported Q3 revenue of $145.91 billion, up 127 percent year over year, while operating profit rose 783 percent to $80.24 billion. Net profit came in at $56.19 billion, below the expected $66.54 billion, as the company warned of worsening memory shortages in 2027.

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HotMicrosoft

Microsoft cuts 2026 capex outlook to $170 billion

Microsoft lowered its 2026 capital expenditure forecast to $170 billion from $175 billion due to delayed capacity deliveries. The company guided fiscal Q2 revenue to $96 billion to $97.1 billion and Azure growth of 49 to 50 percent.

MSFT-0.1%

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HotMeta Financing

META launches $37.5 billion dual stock offering

Meta Platforms issued $12.5 billion in mandatory convertible preferred stock and $25 billion in Class A common shares. The preferred shares carry a 6.50 percent annual dividend and will convert in 2029.

META-1.2%

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