07
Jul
Samsung has reported record-breaking preliminary earnings for the second quarter of 2026, though the blockbuster numbers were met with a wave of selling on the stock market. The tech giant posted a massive operating profit of 89.4 trillion won (approximately $58.5 billion) for the three months ending in June. This surpassed Wall Street expectations of 87 trillion won and represents a staggering leap from the 4.68 trillion won recorded in the same period last year. Revenue also more than doubled year-over-year, hitting 171 trillion won. Remarkably, Samsung’s earnings for the first half of 2026 have already eclipsed its total profits…
