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Priced Beyond Perfection: Samsung Electronics Tumbles As Soaring Profit Not Good Enough
Priced Beyond Perfection: Samsung Electronics Tumbles As Soaring Profit Not Good Enough
The memory bubble appears to be rapidly deflating.
After the semiconductor/memory sector was walloped in Monday US trading without any clear negative catalyst, the semiconductor-chasing world was eagerly waiting to hear what Samsung - the world’s largest memory maker - would report in its preliminary Q2 earnings report as investors sought to justify sky-high investments and valuations around AI. In the end, it was not good enough, and the stock is down 5% at last check.
Samsung Electronics’s quarterly profit surged...
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Jun 3, 2026 / Tyler Durden
US Govt. Lab Launches Advanced Battery Lab To Help Power Grid
US Govt. Lab Launches Advanced Battery Lab To Help Power Grid
Authored by Georgina Jedikovska via Interesting Engineering,
The US has recently launched a new battery production line, which is expected to help researchers develop safer and cheaper energy storage technologies for the electric grid.
PNNL's new prismatic cell line will allow researchers and industry partners to create, test and demonstrate real-world prismatic cells at an industrially relevant scale. (Andrea Starr/Pacific Northwest National Laboratory)
The new line is housed at the Grid Storage Launchpad (GSL), a 93,000-square-foot research facility. It is run by...
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May 4, 2026 / Tyler Durden
Horrifying "Rape Festival" Sparks Worldwide Outrage
Apr 16, 2026 / Tyler Durden
Fire Erupts At Major Australian Refinery, Amplifying Fuel Shock As "Green" Killed Refining Buffer
Fire Erupts At Major Australian Refinery, Amplifying Fuel Shock As "Green" Killed Refining Buffer
Australia's failed "green" domestic energy policies had already sparked a fuel-supply shock shortly after the U.S.-Iran conflict disrupted tankers at the Hormuz chokepoint. Now, a fire has broken out at the larger of Australia's two remaining oil refineries, adding even more fuel supply woes.
Victoria state fire authorities said the blaze erupted at Viva Energy's 120,000-barrel-per-day Geelong refinery, one of only two operating oil refineries left in Australia. The refinery accounts for roughly...
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