FlowBank's hand-curated fresh financial news [header_noDither] Samsung's Q1 Profit Surges by 931% Samsung Electronics anticipates a 931% surge in its first-quarter operating profit to 6.6 trillion Korean won ($4.89 billion), driven by a recovery in memory chip prices and strong sales of the Galaxy S24. This marks a significant rebound from the previous year's 0.64 trillion won, surpassing LSEG’s expectations. The company, a leading manufacturer of dynamic random-access memory chips, also expects an 11.4% increase in revenue to 71 trillion won. Analysts attribute the turnaround to memory price hikes, robust smartphone sales, and a favorable AI-driven memory market outlook. Detailed earnings will be revealed later in the month. WHAT'S MOVING [Group 1742 (61)-1] [Start Trading](113/cXx8Z04/VVHQKM5-Pj4FW8HFDGv2C2r-bW6D6W6y5cwzvkMJvQmW2-ZVTW6N1vHY6lZ3mrW7nt6fz72n2B_N32jnmg9nXTCN4WQ7H_C3dgLW3tzYnJ3vwrFYW4vGhKr6s0gZsW8JGJBZ8zm4KvVS96cD1ybLT7W6LWRWR1fwJDBW3fH0Sr6YDmcgW4kW0wx6HmBbYW8Sn4dQ6QjhqTW6z_gMs1HtY8RVRp-1v8LVGD_W3-JxFz6d4-MJW3JLjfM5phPPRW7ZvRR_84F70BW3b4Rzf8nLkv3W2Y1c8x1wGv-xV_Ys7G2-DYhnW3fTRKN3FHqrjW4MXMsw5ldmNvVK4lZF1Z6HNcf3lHfhF04) [Group 1754 (10)] Alphabet Alphabet's potential offer for HubSpot, valued at $32 billion, pushed shares up by 5%, amid considerations of antitrust clearance. [Group 3 (59)-2] Meta Meta's shares reached an intraday record, up nearly 45% for the year, bolstered by optimistic price target revisions from Jefferies and RBC due to digital ad market share gains. [Group 1753 (10)-1] Twilio Following a 21% share decline this year, Twilio faces intensified scrutiny from Anson Funds after board and governance changes, despite recent activist-driven actions. WHAT'S COMING UP? ALL: CFTC speculative net positions USD: Average Hourly Earnings (MoM) (Mar): Exp. 0.3% v Prev. 0.1% USD: Nonfarm Payrolls (Mar): Exp. 212K v Prev. 275K USD: Unemployment Rate (Mar): Exp. 3.9% v Prev. 3.9 IN OTHER NEWS Wall Street Dow Jones Industrial Average futures were steady Thursday night after the index experienced its largest decline in over a year, dropping around 530 points or 1.35%. This marked its fourth straight day of losses, as investors looked ahead to important labor market data expected Friday. [Group 1769] Europe European markets ended marginally up Thursday, with the Stoxx 600 index increasing by 0.16% amid a varied sector performance. Mining stocks rose by 1.7%, contrasting with a 0.6% decline in chemicals, as markets sought stability after a turbulent beginning to the new trading quarter. MARKET INSIGHTS 9 Coolest Luxury and Sports Car Stocks | 2024 A lot has been said about the rise of EV car companies like Tesla but are some of the traditionally cool car brands worth an investment? [Read more](113/cXx8Z04/VVHQKM5-Pj4FW8HFDGv2C2r-bW6D6W6y5cwzvkMJvQmj2-ZVTW5BW0B06lZ3kWN8qZGJ0QYMLJN1LL8NPg-WWhW49N9nc3f3-srVxyTt22S_pC5VVMfXM7nCqKnW4xKhBZ4BLJh-W98J8Jy6ClWknW2B1KWq5xK9vGW8kcckn9fJn7rW24_9rt57r04yW2FCYXw53f921W6gkqWM6PdVD4N4Ctz5S-0Z7MW8r23lD4sKmjVVtw6Hw1DxrvwW2L_hqd8hlrVlW6vfkHk4qh3MpVfhP339g9Zt7f1nDKcz04) Please note that due to market volatility, some of the prices may have already been reached and scenarios played out. The information above is not investment advice. [flowbank-logo-2022-green-3] [Facebook](113/cXx8Z04/VVHQKM5-Pj4FW8HFDGv2C2r-bW6D6W6y5cwzvkMJvQmj2-ZVTW5BW0B06lZ3mgW1RyHBL9k0vGfW4ZMJn08hhwtxW1l5cRm81QmKQW1j5drl439dSvW88qT311DFs3jW4nQcBf6WFf4sW7BgFRB5FkFz0W81F-Zy2wS2VcW3xVjWf5xHY8tN5L5txd2Ypv0W47c81x3FlDG6W5N2gcT21w51RW2nZ9HT71-x7KN3484xN8mFnkW8KHQbH3PFqdCN6tksMpL6dJQW7CjQCS7s6DjGW95CtBr3jQxDHdhnw7P04)
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