😘 Investors heart Samsung

Samsung's customer base might've tailed off, but investors' support didn't | Germany kept up its disappointing streak | [Finimize](   TOGETHER WITH   Hi {NAME}, here's what you need to know for January 10th in 3:15 minutes.   ⚡️ Finimized over an energizer juice at [Billy Brunch]( in Barcelona, Spain (🌦 8°C/46°F) Today's big stories - Samsung warned that some of its quarterly profit may have gone AWOL, but investors didn’t stray - Attacks in the Red Sea could have ripple effects everywhere – [Read Now]( - Germany’s usually stellar industrial sector fell flat for the sixth month in a row, but central banks may not be completely disappointed Spy Fidelity [Spy Fidelity] What’s going on here? Samsung [warned]( that last quarter’s profit will come in well short of expectations, but it was easy to spot investors’ loyalty when the Korean chipmaker’s stock stayed steady. What does this mean? Samsung’s name might be plastered over 85-inch flat screen televisions and cult-favorite Galaxy smartphones, but the tech company has also quietly become the world’s biggest producer of computer and phone memory chips. But it’ll want to keep the latest development on the down-low: with shoppers cutting back on luxuries like new phones and laptops, companies are buying fewer memory chips – and that’s left Samsung flogging unsold stock at discount prices. So now, the company’s warning that profit will have fallen a worse-than-expected 35% during the quarter that ended in December, a turnaround from Samsung’s optimistic tone back in October. Why should I care? For markets: The chips aren’t down yet. Samsung won’t be shouting that news from the rooftops, of course, but the firm’s memory chips trade on an exchange, which means their prices are public knowledge. Still, future-focused investors don’t seem worried. In fact, Samsung’s stock didn’t budge after the news. That’s partly because a gaggle of chipmakers – including the Korean household name itself – are slowing down their production lines to match demand, which should perk up chip prices a little. And with investors hoping for more sales in the computer and phone markets when interest rates take a breather, Samsung could be in for a more lucrative year. Zooming out: Investors are playing the long game. Investors sent Samsung’s stock up 45% last year, and that’s not only because they’ve crossed their fingers for a recovery in the memory chip market. While no one’s sure quite how artificial intelligence will develop over the coming months and years, chipmakers are guaranteed to be in demand. After all, any artificial intelligence systems will need a bounty of all sorts of chips if they’re going to take over the world. You might also like: [Mobileye is out to terrify](. Copy to share story: [( 🙋 [Ask a question](mailto:questions@finimize.com?body=Ask us a question: Where are you writing from? Let us know and we'll mention it when we reply.&noapp=true&subject=Spy Fidelity&utm_campaign=daily-global-10-01-2024&utm_source=email) Analyst Take What The Red Sea Attacks Mean For Investors [What The Red Sea Attacks Mean For Investors]( By Russell Burns, Analyst You can’t always see a market disruption coming, but this one’s very clearly [on the radar](. Recent attacks on cargo ships traveling through the Suez Canal in the Middle East have led to virtually all shipping being [rerouted]( around the southern tip of Africa. And that wildly out-of-the-way diversion has already led to [a sharp rise]( in both transport rates and shipping companies’ share prices. If that continues, it could impact [global inflation and markets](. That’s today’s Insight: [the potential disruptions and opportunities in the wake of the Red Sea attacks](. [Read or listen to the Insight here]( SPONSORED BY ISHARES Investors may be overlooking a potential opportunity As it stands, the market seems to believe the Federal Reserve is done with its interest rate hikes. iShares agrees with that. However, while some may expect [rate cuts]( to come thick and fast in 2024, iShares doubts that the first cut will come before the second half of the year. That matters: some believe that investments take off when rates drop, but historically, it’s the [time between the last hike and the first cut]( that can actually be the most rewarding for investors. So if you dove into cash like much of the world did this year, it may be time to consider [a foray back into markets](, according to iShares. But first, [discover what the macro insights from iShares could mean for bonds, stocks, and must-watch investment themes in 2024](. [Find Out More]( iCRMH1223U/M-3292428 When you support our sponsors, you support us. Thanks for that. The Notorious Ger-man-y [The Notorious Ger-man-y] What’s going on here? Germany’s previously prized industrial sector continued its streak of infamy, laying low for the sixth [month]( in a row. What does this mean? The industrial powerhouse has a reputation for being reliable. Usually, that means churning out enough produce to buoy up the country’s economy and, more often than not, the whole of Europe’s too. But more recently, Germany has been reliably disappointing. The latest data showed that the industrial sector’s output shrunk by 0.7% in November versus the month before, letting down economists who had hoped for a 0.3% recovery. So with the sector still making around 10% less of its wares than before the pandemic, some economists believe that Europe’s biggest economy might’ve fallen into a technical recession at the end of the year. Why should I care? The bigger picture: The worse the data, the hastier the help. Inflation seems to be losing its muscle, but central banks will want a few more months of consistent data before they consider bringing interest rates any lower. At the end of the day, a hasty move could wipe out much of the progress made. But central banks don’t want to hammer economies too hard, either. So as long as inflation stays on the retreat, they may lean on concerning stats – like that German data – to justify economy-cushioning interest rate cuts as soon as they confidently can. Zooming out: America’s pulled ahead. Investors often act on their macroeconomic predictions by trading currencies, so the foreign exchange market can be revealing. The euro and US dollar have been stuck in a chase for the last year, with the frontrunner depending on whether investors expect the Federal Reserve or European Central Bank (ECB) to cut rates first. But lately, the dollar has been building strength as investors anticipate the ECB reaching for the scissors first. Mind you, any disheartening stateside data could turn those odds on their head. You might also like: [Rate cuts seem like great news, but this chart suggests otherwise](. Copy to share story: [( 🙋 [Ask a question](mailto:questions@finimize.com?body=Ask us a question: Where are you writing from? Let us know and we'll mention it when we reply.&noapp=true&subject=The Notorious Ger-man-y&utm_campaign=daily-global-10-01-2024&utm_source=email) 👀 Get eyeballs on your hard work [Content]( is a proven way to keep customers engaged – even for businesses that have nothing to do with words, audio, or pretty pictures. Discover how the right content could [keep your customers coming back for more](, no matter your business model. [Book A Demo]( 💬 Quote of the day "Tears are the summer showers to the soul." – Alfred Austin (an English poet) [Tweet this]( 🎯 On Our Radar 1. First they found the missing Boeing door. Now they’ve found [loose bolts across the fleet](. 2. There’s a popular saying in crypto: “not your keys, not your coins”. Unlock the [pros and cons of holding your own keys versus storing them elsewhere](.* 3. Avoid the House of Mouse at all costs. Mickey’s getting his grubby, gloved hands all over [the horror genre](. 4. Back to the futures. Get to the root of trading futures and (why you’d want to) with this [free guide](.* 5. The year food turned pretty. Before you serve it, [put a bow on it](. When you support our sponsors, you support us. Thanks for that. SPONSORED BY HEALTHWORDS.AI [HEALTHWORDS.AI]( When you support our sponsors, you support us. Thanks for that. 🌍 Finimize Live 🤩 Coming Up Soon... All events in UK time. 💸 [Your 2024 Crypto Investing Roadmap](: 5pm, January 16th ❤️ Share with a friend Thanks for reading {NAME}. If you liked today's brief, we'd love for you to share it with a friend. You stay classy, {NAME} 😉 We’d love to hear your thoughts. [Give feedback]( Want to advertise with us too? 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