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Samsung Electronics reports record $62 billion profit in Q2, driven by high demand for AI chips, despite losses in its mobile sector.
Apple regains its title as the most valuable company, surpassing Nvidia amid shifts in AI-driven market sentiment.
Apple's CEO Tim Cook announces unavoidable price hikes on products due to surging memory chip costs.
Yum! Brands sells Pizza Hut for $2.7 billion to reposition amid sales decline, parting with both U.S. and China operations.
Samsung's union approves a landmark pay deal providing massive bonuses, reflecting the booming AI chip sector's profitability.
Calbee shifts to black-and-white packaging due to ink shortages stemming from the Iran conflict, affecting product supply and costs.
Lufthansa announces the cancellation of 20,000 flights due to soaring jet fuel prices driven by the Iran war, affecting travel options.
Warner Bros shareholders approve a major merger with Paramount Skydance amidst concerns about industry impacts.
A US jury found Live Nation guilty of monopoly practices with Ticketmaster, sparking potential changes in the concert industry.
Snap announces the layoff of 1,000 employees to leverage AI efficiencies and cut costs as it seeks profitability amidst intense market competition.
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