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The Marked Chart Wire · Business
Samsung
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.
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Samsung
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.
HotMicrosoft
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.
HotMicrosoft
Microsoft said first-quarter capital spending fell short of targets due to data center delays, though Azure revenue grew 49 percent. The company expects second-quarter spending to exceed $50 billion.
HotMeta Financing
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.
HotEarnings
Microsoft and Carvana shares rose after earnings beats, while Google and Fortinet dropped on revenue or margin misses. Sprouts and ServiceNow also declined following weaker results.
HotMarvell Lumentum
Marvell Technology is said to be in late-stage negotiations to purchase Lumentum Holdings, according to reports.
Fast headlines, summarized. Not verified and not advice. Check the full story before you act.