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Older Americans spending more; partly driving US economy with wealth effect

Right now older Americans are opening up their wallets and providing a continued boost to the US economy.

United statesRaymond hillDavid bieriEmory business schoolVirginia tech universityFederal reserveMemory businessVirginia techLonnie goldenPenn stateWealth effectOlder americansUs economyHome pricesStock prices

Samsung Electronics operating profit jumps 933% in first quarter, beats expectations

Samsung Electronics on Tuesday said operating profit for the first quarter jumped as memory chip prices rebounded on the back of AI optimism.

South koreaUnited statesSouth koreanMehdi hosseiniSamsung electronicsInternational data corpJapan rapidus corporationSamsung electronics onSusquehanna international groupSouth floridaMemory businessDaiwa capital marketsPhoto assistLive translateRapidus corporationInternational data

Memory chips and smartphones help Samsung report strong first quarter earnings

Samsung reports first quarter results that represent a huge turnaround from last year's first quarter.

South koreaMemory business

Samsung posts 10 times more profit in first quarter of 2024

Samsung posts 10 times more profit in first quarter of 2024
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Samsung Reports 933% Annual Increase In Operating Profit

Samsung has reported a 933% annual increase in first-quarter operating profits as a result of strong sales of Galaxy S24 smartphones.

United statesSamsung electronicsJapan rapidus corporationMemory businessPhoto assistLive translateCircle to searchRapidus corporationKorean wonTech report

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