Samsung Electronics reported a record third-quarter operating profit of 107.4 trillion won ($80.2 billion), surpassing 100 trillion won for the first time due to strong demand for AI-related memory chips. This represents a 782% increase from the same period last year, with revenue rising nearly 127% to about 195 trillion won. The company continues to invest in AI, including a recent partnership with French AI startup Mistral AI to enhance its semiconductor operations. Full Q3 earnings with detailed business division results are expected later this month.
Samsung's forecast of a record third-quarter profit provides context for technology sector performance. For readers following this sector, as of Oct 08, 2026 05:41 WIB, 59 of 150 priced US technology stocks on Pluang rose while 90 fell. Notable movers include FIRY at USD 11.91 with a -4.57% change and STM at USD 56.13 with a -4.41% change.
Samsung Wallet will launch a new stablecoin feature in late October 2026, available on 82 million U.S. Galaxy devices, allowing users to hold and send stablecoins without separate apps or managing private keys. Bastion, selected as the licensed custo...
SyncSpider introduced B2Bware, a B2B portal designed to automate and centralize order, customer, product, and operational data management for businesses. The platform integrates with ERP, CRM, and eCommerce systems like Odoo and Shopify to eliminate ...
Monarch Casino & Resort, Inc. announced it will report its financial results for the third quarter of 2026 after the market closes on October 27. The company operates two major casino resorts: Monarch Black Hawk in Colorado and Atlantis Casino Resort...
Grayscale's Zcash ETF (ticker: ZCSH) raised over $1 billion within its first 30 trading days after launching on NYSE Arca on August 25. This rapid asset gathering places it among the top 1% of ETFs launched in the past decade by first-month inflows, ...
Diraq has progressed to Stage C of DARPA’s Quantum Benchmarking Initiative, aiming to develop a utility-scale, fault-tolerant quantum computer by 2031, two years ahead of schedule. This stage involves independent verification of Diraq’s silicon-based...
