TECHNOLOGY

Samsung Electronics reported a record $58 billion profit in Q2, driven by soaring memory chip prices amid global AI expansion, surpassing previous records set by Nvidia and Apple.

Leaked information suggests Google's Pixel 11 series will feature higher prices but increased base storage, starting at 256GB. The series may also include new camera upgrades and a Tensor G6 chip.

Microsoft Teams users reported access issues, with conflicting outage reports from monitoring services. Microsoft has not confirmed an outage, leaving users uncertain about the platform's status.

Nvidia shares fell as Chinese AI company DeepSeek develops its own semiconductor, potentially reducing reliance on Nvidia and Huawei chips. The move highlights growing competition in AI computing.

Netflix shares rose 1.72% after a challenging year marked by a failed Warner Bros. acquisition. Investors await the company's upcoming earnings report for further insights.

GameStop is evolving from a traditional retailer to a diversified player, focusing on e-commerce and strategic initiatives amid industry shifts and market volatility.

SpaceX shares fell 5.77% as investors evaluated post-IPO volatility and awaited updates on the Starship program. The decline highlights ongoing challenges and opportunities in the space economy.

Maase Inc.'s shares rose 15.74% as the company shifts from financial services to AI infrastructure, highlighting significant stock volatility and strategic acquisitions.

Intel's shares fell 8% amid competitive pressures in AI and semiconductor sectors, highlighting challenges in manufacturing and market positioning. Analysts remain divided on the company's future prospects.

Micron Technology shares fell sharply amid a global memory chip sell-off, triggered by Samsung's strong earnings forecast. Analysts debate whether this signals a temporary reaction or a sustained pullback.

The Nasdaq Composite fell sharply due to semiconductor stock volatility, overshadowing Samsung's strong earnings. Global markets reacted, with significant declines in Asia-Pacific indices and mixed performances in U.S. sectors.

OpenAI's Codex experienced connectivity issues, affecting users and prompting reports on GitHub and social media. The company acknowledged ongoing disruptions, working to resolve them amidst growing demand for AI coding tools.

Microsoft is cutting 4,800 jobs, focusing on its Xbox division, as it adapts to AI-driven changes in technology. The restructuring includes spinning off four gaming studios to new ownership.

SpaceX's shares rise as it joins the Nasdaq-100 index, marking the fastest inclusion in history. Analysts debate the impact on stock value amid limited public float and potential future mergers.

AXT Inc. shares surged due to AI infrastructure demand, new supply agreements, and index reconstitution. Despite bullish analyst sentiment, concerns about valuation and insider selling persist.

TeraWulf Inc. shares surged 18% after announcing a 20-year AI infrastructure lease with Anthropic and selling its stake in a joint venture, marking a strategic shift from bitcoin mining.

The Russell 2000 index fell as large-cap stocks hit record highs, highlighting a divergence driven by economic factors and investor focus on technology. Small-cap stocks remain sensitive to interest rate changes.

The Nasdaq Composite reached a record high, driven by a rebound in AI-related stocks post-Independence Day, amid strong sales reports and upcoming earnings in the semiconductor sector.

The Dow Jones Industrial Average reached a record high, driven by a rebound in technology stocks and positive economic data, despite recent volatility in AI-related shares.

Samsung's Galaxy Z Fold 8 series will debut with a redesigned hinge to reduce the visible crease, featuring two models with distinct designs, and is set to launch at the London Unpacked event.

Sony plans to end physical game disc production by 2028, prompting backlash from gamers who prefer physical media. A survey shows 71% of gamers will miss buying physical games.

In 2026, investors compare Meta and Alphabet's AI strategies, financial results, and stock potential. Meta focuses on advertising and AI hardware, while Alphabet diversifies with cloud and emerging technologies.

Tesla's Cybercab robotaxi, designed for blind passengers, was showcased at the National Federation of the Blind's convention, highlighting features like Braille controls and service animal space.

SL Science Holding Limited's Nasdaq debut has seen significant share price volatility, drawing investor interest in its innovative cell and gene therapies targeting solid tumors, despite inherent biotech risks.

Apple's iPhone 18 Pro is expected to feature the C2 5G modem, enhancing connectivity and efficiency. The device aims for improved battery life and satellite capabilities, marking a step towards hardware independence.

Polibeli Group Ltd. shares rose over 18% as the company shifts focus to AI infrastructure in Southeast Asia, leveraging its regional expertise and Nasdaq listing for strategic growth.

The Russell 2000 Index achieved its best first-half performance since 1991, gaining 22%, despite a recent semiconductor selloff. Analysts remain optimistic about small-cap stocks' future growth potential.

The Nasdaq Composite fell as semiconductor stocks faced a steep selloff, driven by valuation concerns and AI growth reassessment, while the Dow reached record highs amid sector rotation.

SL Science's shares rose 34% post-Nasdaq listing via SPAC merger, highlighting investor interest in its innovative cell therapy platforms targeting solid tumors and regenerative medicine applications.