Wednesday, October 7, 2020

Samsung says it expects to make an operating profit of $10.6B in the July-September quarter, up 58% YoY, and sales of $7B, up 6% in its earnings guidance (Sherisse Pham/CNN)

Sherisse Pham / CNN:
Samsung says it expects to make an operating profit of $10.6B in the July-September quarter, up 58% YoY, and sales of $7B, up 6% in its earnings guidance  —  Hong Kong (CNN Business)Samsung (SSNLF) predicts its profit jumped nearly 60% last quarter, suggesting it could soon retake its position …



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Sources: SoftBank invites more banks to join its $40B loan backing its OpenAI investment, requiring them to commit ~$5B each; SoftBank has already invested $30B (Bloomberg)

Bloomberg : Sources: SoftBank invites more banks to join its $40B loan backing its OpenAI investment, requiring them to commit ~$5B each;...