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AI chip boom pushes Samsung profits to record $80bn

Samsung Electronics says it expects a nine-fold surge in its quarterly profits compared with a year earlier, driven by surging demand for memory chips used in artificial intelligence (AI) data centres.

Why is LG Energy Solution stock surging today?

Ford Motor Company (F) stock surged 36% in May 2026 following its strategic pivot into grid-scale energy storage, with the centerpiece being a five-year framework agreement with EDF Power Solutions North America valued …

Worried Consumers Keep Spending: Here’s Why

For nearly four years, economists have been predicting that consumers would fail the economy. To their point, sustained high inflation, the fastest Fed tightening cycle in decades, and more recently, surging gasoline pr…