Samsung Electronics (005930.KS) released preliminary second quarter earnings results on Tuesday, reporting a 19-fold profit jump from a year ago, amounting to $58 billion.
Morning Brief Host Julie Hyman welcomes Yahoo Finance Senior Business Reporter Ines Ferré and Interactive Brokers chief strategist Steve Sosnick to help break down whether Samsung's breakout numbers still weren't enough to impress Wall Street investors and what it signifies for the broader chip space.
source & further reading
ca.finance.yahoo.com — original article
Defense stocks surge as governments boost spending on weapons, AI battlefield technology
US trade deficit widens sharply in May as capital goods imports hit record high
Samsung's 19-fold rise in profit fails to impress investors as AI chip stocks fall