Amazon Q2 Ad Revenue Up 26% as Tech Giant’s Profit Booms to $62.6 Billion on Anthropic Investments

Amazon reported its second-quarter 2026 earnings Thursday, revealing it beat Wall Street’s estimates with more than $200 billion in revenue for the April-June quarter. Ad revenue for the quarter was up 26% while the company’s profit jumped to $62.6 billion with its investment in Anthropic. Wall Street forecast earnings

Samsung’s chipmaking division posted a 250-fold increase in quarterly operating profit, while Meta announced an $8 billion hit to the company’s free cash flow.

South Korean technology giant Samsung Electronics on Thursday reported a record operating profit of 89.5 trillion won ($62 billion) for the April-June period, a day after crosstown rival SK Hynix also reported record earnings, as the world’s two largest memory chipmakers continue to ride the global artificial intellige

As US tech giants face growing market scrutiny over their swelling artificial intelligence budgets, China’s top technology firms are confronting a similar reckoning: proving that billions of dollars spent on AI infrastructure will yield sustainable profits. Here is a run down on how Chinese tech giants are navigating t

Operating profit at Samsung’s semiconductor division rose to more than 220 times its year-earlier level. However, the company warned that memory chip shortages could worsen next year as AI infrastructure expands rapidly.

Samsung reports record profit as South Korean chip giants benefit from global AI boom  AP News

Samsung Electronics achieved its highest-ever quarterly operating profit, fueled by strong AI chip demand. Rival SK Hynix also reported record revenue, reflecting industry strength. However, investor sentiment declined due to expansion plans and Chinese competition. Both companies are investing heavily in new chipma

South Korean technology giant Samsung Electronics has reported a record operating profit of $62 billion for the April-June quarter

South Korean technology giant Samsung Electronics has reported a record operating profit of $62 billion for the April-June quarter

July 28 : S&P Global reported a stronger second-quarter profit on Tuesday, as clients sought its ratings, indices, market intelligence and analytics products amid heightened geopolitical uncertainty.The financial information company also announced deals to buy data center intelligence provider datacenterHawk and take a

Lined up on the starting grid at Goodwood, the two cars resemble the ‘before and after’ photos from a bodybuilding magazine. Each one is ostensibly a Renault 5, but the similarities almost end there.  On the left is my long-term test Renault 5 E-Tech. Compact and straight-sided, its classic hatchback proportions draw d

Investors are increasingly concerned over rush of borrowing to fund huge investments in data centres