Your Daily Brief For January 10th

Your Daily Brief For January 10th

about 2 months ago1 min

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Your Brief summary

In today’s Daily Brief, we'll look at Samsung's profit warning, and why investors are all sanguine about it.

"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."

Key takeaways:

  • Samsung warned that some of its quarterly profit may have gone AWOL, but investors didn’t stray
  • Germany’s prized industrial sector fell flat for the sixth month in a row, but central banks may not be completely disappointed


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