Samsung's chip division posted a near 50-fold jump in profit, signaling a sharp recovery in the semiconductor sector after a prolonged downturn. The surge reflects stronger demand and improving pricing across chip markets, positioning Samsung as a key beneficiary of the current upcycle. The headline number underscores how severely earnings had compressed during the prior down-cycle, making the percentage gain look dramatic even if absolute levels are still rebuilding. The result will be watched closely by investors tracking sector-wide margin recovery across memory and logic chips. Looking ahead, Samsung flagged that a supply shortage in the chip market is expected to worsen by 2027. That warning points to a structural imbalance: demand from AI infrastructure, data centers, and consumer electronics is outpacing the pace at which new fabrication capacity can come online. For buyers of chips, tighter supply typically means higher prices and longer lead times. For Samsung and peers, it could support elevated pricing well into the latter half of the decade.
The Indian government has launched an OFS to sell up to 6.5% of its LIC stake, opening for non-retail investors on August 4, 2026, at a floor price of Rs 382 per share, about 11% below Monday's close. The discounted offering is likely to pressure LIC shares in the near term as supply increases sharply.
More than a dozen major Indian companies including Bharti Airtel, ONGC, Pidilite, Nykaa, DLF, and Ather Energy report April-June 2026 earnings on August 4. Results span telecom, energy, consumer goods, real estate, and EV sectors, giving markets a broad read on corporate health mid-earnings season.
Amazon shares hit a new all-time high Monday, pushing its market cap above $3 trillion following a sustained post-earnings rally. The milestone places Amazon among the very few companies globally to reach this valuation, with investor focus on AWS and advertising growth driving the move.
Sensex Gains 500 Points as Oil Falls on Iran Talks
The Sensex rose around 500 points and the Nifty crossed 24,500 on Monday after Donald Trump announced talks with Iran, pushing oil prices lower. IndiGo, ITC, FMCG, and metals led the gains as cheaper crude eased cost and inflation concerns.
