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Samsung shares hit over 3-year high after better-than-expected guidance on strong AI demand
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Financial Times - World
Samsung expects profits to surge on demand for AI chips
World’s largest memory chipmaker forecasts 15-fold rise in second-quarter figures -
Financial Times - World
Lib Dems return record number of MPs after Tory rout
Ed Davey’s party makes biggest gain in seats in its history, defeating two cabinet ministers -
CNBC - Business
Tesla stock rises again after better-than-expected deliveries report
Tesla shares saw more gains Wednesday, after jumping 10% in the previous session.Tesla -
Financial Times - World
Samsung Electronics hit by unprecedented 3-day strike
Thousands of workers take action over pay and conditions at South Korean tech giant -
CNBC - Business
SoftBank stock hits its first record high in 24 years — Arm and AI helped it get there
SoftBank shares have been boosted by the improved financial performance in the Vision Fund and by a rally in the stock of chip designer Arm. -
The Wall Street Journal - World
Samsung said second-quarter earnings surged, indicating its flagship semiconductor business sustained a strong recovery after a turnaround in the first quarter.
Samsung said second-quarter earnings surged, indicating its flagship semiconductor business sustained a strong recovery after a turnaround in the first quarter. -
BBC News - Top stories
Samsung expects profits to jump by more than 1,400%
The South Korean tech giant is benefiting from the AI boom which has lifted the prices of advanced chips. -
Financial Times - World
SoftBank to prioritise AI deals over share buybacks despite pressure from Elliott
Japanese group’s top leaders seek ‘new investment activity’ after calls from hedge fund to return cash -
Inc. - Business
AI Deals Push VC Funding Total to 2-Year High
While the number of investments isn't climbing, the huge amounts of capital needed for AI development drove the quarterly figure to $55.6 billion.Artificial Intelligence
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CNBC - Business
Danish brewer Carlsberg to buy soft drinks maker Britvic in $4 billion deal after improved offer
Soft drinks maker Britvic has agreed to a sweetened takeover bid of £3.28 billion ($4.2 billion) from Carlsberg, the companies said Monday. -
CNBC - Business
Democratic power players are circulating a proposal for Biden to exit, launch 'blitz primary'
President Biden is facing escalating pressure to drop out of the 2024 race against Donald Trump, following his high-profile debate flop.Joe Biden -
CNBC - Business
France's left-wing coalition thwarts far right in parliamentary run-off vote
A period of horse-trading and instability is now likely to take hold in France, as political alliances are forged with the aim of forming a government. -
CNBC - Business
India's Modi to meet Putin in Moscow as both sides seek to forge deeper ties
The meeting is significant as it's India Prime Minister Narendra Modi's first bilateral trip overseas since he was reelected for a rare third term in June. -
CNBC - Business
What a hung parliament in France could mean for markets
Initial indications on Sunday evening for the French parliamentary run-off vote threw up some big surprises.