Samsung Posts Record Q1 Profit as AI Memory Boom Drives 8x Surge
Samsung hit record profit from AI chip demand. Memory shortages raised prices, while phone/display profits fell.
Samsung hit record profit from AI chip demand. Memory shortages raised prices, while phone/display profits fell.
Ford raised 2026 profit outlook after strong Q1, boosted by higher sales, tariff refund, and growth in trucks and software.
Carvana had a record Q1: sold 187k cars (+40%), revenue $6.4B, strong profit, fast growth, expects better Q2; stock up.
Qualcomm beats expectations, shifts beyond phones as auto & AI grow, but weak smartphone demand still weighs on outlook.
Alphabet beat expectations as revenue and profits surged, driven by fast-growing AI and cloud demand.
Meta is spending more on AI, beating revenue expectations, growing users, but faces legal risks and investor concerns over rising costs.