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Samsung Earnings Beat Expectations But Stock Abruptly Reverses Kneejerk Gains
Samsung Earnings Beat Expectations But Stock Abruptly Reverses Kneejerk Gains
Samsung Electronics delivered another good quarter last night, underscoring that the AI infrastructure boom appears to continue to funneling enormous profits toward the companies supplying the memory chips powering. Shares were up 10% at one point but finished the session red.
The South Korean technology giant reported second-quarter revenue of 171.5 trillion won and operating profit of 89.5 trillion won, according to CNBC, beating analyst expectations of 79.3 trillion won and marking another record quarter. Operating profit surged more than eighteen-fold...
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Jun 25, 2026 / Tyler Durden
China's YMTC Global NAND Market Share Surges To 13%, Now Tied With Sandisk
China's YMTC Global NAND Market Share Surges To 13%, Now Tied With Sandisk
Yangtze Memory Technologies Corporation (YMTC), China's largest maker of NAND flash memory which is breathing down Sandisk's neck in global sales, and which is widely expected to IPO soon after China's DDR giant CXMT goes public in the coming weeks, has increased its global NAND flash memory market share from 8% in the same period in 2025 to 13%, Kuai Technology reported citing the latest Counterpoint research report.
According to Counterpoint, Samsung ranks first in the global NAND...
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Apr 27, 2026 / Tyler Durden
A Feral And Savage Party
A Feral And Savage Party
Authored by James Howard Kunstler,
"Once is happenstance. Twice is coincidence. The third time it's enemy action."
- Ian Fleming
Don’t you love the way the news media pretends it can’t figure out the motive of Cole Tomas Allen, who tried to shoot-up Saturday’s White House correspondents’ gala. He was a creation of the very White House correspondents who ducked under their tables at the sound of his shots.
Cole Tomas Allen had digested and internalized the “narrative” spewage of the Democratic Party’s propaganda department. MSNOW occupied his brain like...
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May 6, 2026 / Tyler Durden
FBI Raids Office And Cannabis Dispensary Of Virginia State Sen. L. Louise Lucas
FBI Raids Office And Cannabis Dispensary Of Virginia State Sen. L. Louise Lucas
Federal agents from the FBI executed court-authorized search warrants Wednesday morning at the Portsmouth legislative office of longtime Democratic Virginia State Sen. L. Louise Lucas and at an adjacent cannabis retail business she co-owns, as part of an ongoing federal corruption probe tied to marijuana dispensary operations.
Virginia Senate President pro tempore Louise Lucas (D-Portsmouth) listens to debate on the state Senate floor in Richmond, Va., on Feb. 17, 2026. Ryan M. Kelly/AP Photo
The raids, which also extended...
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