Samsung’s 19-Fold Profit Surge Fueled by AI Chips, But Shares Plunge on Boom Worries
Investors fear the AI rally may be peaking.
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Investors fear the AI rally may be peaking.
McDonald’s posted better-than-expected profits in Q3 as U.S. sales fell just 0.2%. CEO Kempczinski said trends improved after the company’s value push.
Uber posted 20% bookings growth in Q3 with rising profits, but its Q4 earnings forecast missed estimates amid driver shortages and the Middle East conflict.
CVS Health reported Q3 adjusted EPS of $2.09, topping estimates, and raised full-year guidance to at least $8.20 as it plans to split into two companies by 2028.
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