Streetbeat News

SSNLF

Samsung Electronics

http://www.samsung.com/

Industry

Computer Storage Device Manufacturing

Open

40.60

Mkt cap

270B

Volume

200

High

40.60

P/E Ratio

8.44

52-wk high

40.60

Low

40.60

Div yield

0.03

52-wk low

40.60

Samsung Electronics reported strong profits for the September quarter, but delays in NVIDIA's AI chip certification have allowed SK Hynix and Micron Technology to take the lead in high-bandwidth memory. Samsung's chip division earned $2.8 billion, while SK Hynix posted a record profit.

Portfolio Pulse from Kaustubh Bagalkote

October 31, 2024 | 6:57 am

Apple is developing a new smart home display inspired by the iMac G4's design, expected to be smaller than anticipated. The device will feature a square display, speakers, and run on a new system with iPad-like apps. A higher-end version is planned for 2026. Apple competes with Amazon, Alphabet, and Samsung in the smart home sector.

Portfolio Pulse from Ananya Gairola

October 28, 2024 | 8:39 am

Apple Inc. experienced a week of highs and lows, with record iPhone sales and various legal and regulatory challenges. The U.S. probe into TSMC could impact Apple's chip production, while Disney and Hulu bypassed Apple's App Store fees. Apple also faced skepticism over its new AI system and won a patent dispute against Masimo.

Portfolio Pulse from Benzinga Neuro

October 27, 2024 | 11:00 am

Samsung Electronics is facing challenges as hundreds of its engineers apply for jobs at rival SK Hynix. This comes amid Samsung's struggles in the chip industry, including a forecasted profit shortfall and workforce reductions.

Portfolio Pulse from Ananya Gairola

October 22, 2024 | 8:47 am

The Biden administration is considering restrictions on chip sales from NVIDIA and AMD to the Middle East. Apple has a secret deal with BYD for EV batteries and is expanding its payment offerings. Microsoft settles an antitrust lawsuit and expands cloud gaming. Meta faces layoffs and legal challenges. TSMC starts manufacturing A16 chips for Apple in the US.

Portfolio Pulse from Lekha Gupta

October 20, 2024 | 5:45 pm

Benzinga highlights recent stock market trends and company news, including Apple's record iPhone sales, Oklo's rise on a Google nuclear deal, and meme coins' rapid valuation growth. Meanwhile, Moderna faces a lawsuit, and Tesla encounters new competition from a Chinese EV maker.

Portfolio Pulse from Michael Cohen

October 19, 2024 | 1:00 pm

Samsung is set to launch a 'Special Edition' Galaxy Z Fold 6 on October 25, primarily targeting the Chinese market. This move comes as Samsung faces increased competition from Apple, which has seen a rise in market share. The launch could be a strategy to regain market share.

Portfolio Pulse from Ananya Gairola

October 17, 2024 | 8:10 am

Nokia is in exclusive talks with India's Bharti Airtel for a multi-billion dollar 5G contract. Bharti Airtel is also in discussions with Samsung for 5G equipment purchases.

Portfolio Pulse from Benzinga Newsdesk

October 16, 2024 | 1:13 pm

Apple's iPhone 16 has driven record sales for the company in Q3 2024, capturing an 18% market share, just behind Samsung. Despite mixed analyst opinions, the iPhone 16 series is expected to boost Apple's performance into 2025.

Portfolio Pulse from Rounak Jain

October 15, 2024 | 11:35 am

Apple Inc. is reportedly planning to launch a health-focused smart ring by 2026, aligning with Tim Cook's vision for personal health. Analysts suggest this could be a significant legacy for Cook. The smart ring would feature health-monitoring sensors, similar to Apple's existing health-centric products like the Apple Watch.

Portfolio Pulse from Ananya Gairola

October 08, 2024 | 7:43 am

All corporate logos and prices are for illustrative purposes only and are not a recommendation, an offer to sell, or a solicitation of an offer to buy any security.