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The post Samsung’s Q2 Profit Soars 19x as AI Memory Chip Demand Hits New High appeared on BitcoinEthereumNews.com. Samsung expects a 19-fold jump in Q2 operating profit to 89.4 trillion won. Revenue is projected to reach 171 trillion won, beating most market estimates. Despite record earnings, Samsung shares fell as investors questioned the AI boom. Samsung Electronics expects one of the strongest quarters in its history after demand for AI memory chips sent both sales and profits significantly higher. The South Korean chipmaker forecast second-quarter operating profit of 89.4 trillion won ($58.4 billion) for the April-June period, up nearly 19 times from the same quarter last year. The figure also exceeded market expectations, with analysts forecasting between 84.2 trillion won and 87.3 trillion won. Revenue is expected to reach 171 trillion won, a 129% increase from a year ago and above the consensus estimate of 169.2 trillion won, although slightly below some forecasts of 173.3 tril
Read full articleThe divergence between AI stocks and crypto suggests shifting investor sentiment, highlighting potential changes in market correlation dynamics. The post Bitcoin climbs while Micron and Samsung lead AI chip selloff appeared first on Crypto Briefing.
The Samsung selloff highlights the risk of overvalued AI sectors, signaling potential market-wide sentiment shifts impacting various asset classes. The post Samsung Electronics shares sell off nearly 10% despite blowout earnings appeared first on Crypto Briefing.
The post Glance And Samsung Partner To Bring AI-Assisted Shopping To The TV appeared on BitcoinEthereumNews.com. Glance and Samsung want to turn the TV into a source for inspiration, decoding style for consumers. COURTESY OF GLANCE Historically, selling through the TV has been a challenge. In the late 70’s, for example, Warner Cable introduced QUBE, an experimental two-way cable television system that enabled live interactivity. It never made it off the launch pad. Now, Glance and Samsung think they have the winning formula. The two companies formed a partnership to transform the living room screen into a personalized AI-powered shopping destination. The first-to-market agentic commerce experience will be available across millions of Samsung smart televisions in the United States. The integration, built on Glance’s proprietary AI platform, runs natively on Samsung’s first party operating system, called Tizen OS, turning the living room screen into a generative-AI-powered, interactive b
The post AI trade loses steam as Samsung earnings fail to lift chip stocks amid open source AI shift appeared on BitcoinEthereumNews.com. The AI trade, which incorporates semiconductors and memory stocks, is showing signs of fatigue as investors reassess whether the extraordinary spending boom on chips and data centers can be sustained. Semiconductor and memory stocks such as Micron Technology (MU) and Sandisk (SNDK) came under heavy pressure on Tuesday, after Samsung Electronics (005930) reported record second-quarter earnings but missed revenue estimates. Shares still fell nearly 7%, extending a broader selloff across AI-linked chipmakers. Concerns are growing that hyperscalers could slow AI infrastructure spending. Meanwhile, rival SK Hynix is down 25% from its all-time high ahead of its U.S. listing this week, a deal that is also drawing investor capital away from existing chip stocks.The weakness comes after a spectacular rally in AI infrastructure stocks this year, with Sandisk u
The post Crypto’s Q2: 82% of Top Coins Fell as Bitcoin Held Firm appeared on BitcoinEthereumNews.com. Second quarter of the crypto market tells one story from opposite ends: prices held at the top while everything underneath, market breadth, exchange volumes, on-chain revenue, and new listings, fell to multi-year lows, with June offering the first tentative sign the worst may be passing. Summary 82.1% of top 100 coins fell in June. Spot volume hit $3.0T, weakest since 2024. Bitcoin dominance held near 56% all quarter. New token listings dropped to a two-year low. The Same Story, Measured Two Ways Headline prices in Q2 looked stable enough to suggest calm. The data beneath them showed the opposite: a market where capital concentrated into Bitcoin while participation drained out of everything else. One CryptoRank dataset captures this through prices and breadth; a second captures it through exchange activity. Read together, they reinforce each other, the collapse in trading volume is the
Second quarter of the crypto market tells one story from opposite ends: prices held where they started while everything underneath, market breadth, exchange volumes, on-chain revenue, and new listings, fell to multi-year lows, with June offering the first tentative sign the worst may be passing. Summary 82.1% of top 100 coins fell in June. Spot [...]
The post Earnings preview: Can Europe narrow the gap with the US? appeared on BitcoinEthereumNews.com. Europe is poised for another strong quarter of earnings growth. After posting its strongest quarter of earnings growth for 3 years in Q1, analysts are expecting big things for Q2. Earnings growth is poised to grow by 12% year-on-year, suggesting that upward momentum for earnings will be maintained. Some analysts also think that there is the potential for an upside surprise, since earnings expectations have been revised higher in recent weeks. European earnings boost from energy sector Expectations are also high as we move into this reporting season. Digging a bit deeper, growth is expected to be dominated by monster revenues and profits for the oil and gas majors where earnings growth is expected to rise by 84% YoY. If you exclude this sector, then earnings growth in Europe is a much more modest 3%. Energy is Europe’s version of tech, and it is likely to dominate this reporting seas
FOMC minutes and a higher 3.8% 2026 rate path meet a 14.9% Q2 S&P 500 surge. Stocks still need patient cuts, not rushed pivots, to hold gains into H2 as jobs cool.
