Morgan Stanley chief US equity strategist Mike Wilson warned that semiconductor stocks are overbought, with the Philadelphia Semiconductor Index up 96% year-to-date and trading 35% above its 50-day mo…
Samsung Electronics reported a second-quarter operating profit of 89.4 trillion won ($58.4bn), a 19-fold increase year-over-year, driven by surging demand for AI memory chips. Revenue more than double…
Asian markets fell sharply on July 7, 2026, with South Korea's Kospi dropping 7.6% and shares of Samsung Electronics and SK Hynix each slumping 8.7%, despite Samsung reporting a 19-fold surge in opera…
A contrarian view from Citi Research's Andrew Hollenhorst and Brookings' Robin Brooks argues that the Federal Reserve will cut rates later this year, contrary to Wall Street expectations of hikes, cit…