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Samsung faces the biggest annual loss

The biggest mobile maker on the market- Samsung expects the biggest annual loss. The way how to bring lost profits to investors is memory chip market which should be the biggest Samsung’s profitability leader in the future. Analysts expect 40% decreasing in operating profit to 5,56 billion dollars, because of trade war. Preliminary fourth-quarter results... Samsung faces the biggest annual loss
The biggest mobile maker on the market- Samsung expects the biggest annual loss. The way how to bring lost profits to investors is memory chip market which should be the biggest Samsung’s profitability leader in the future. Analysts expect 40% decreasing in operating profit to 5,56 billion dollars, because of trade war. Preliminary fourth-quarter results of the company will be released on 8th January.

On the other side shared gained because of optimism for 2020. In first quarter investors expect 44% gains in profits. Samsung could come with 5G networks chips to the mobile phones and laptops. Despite huge losses in 2019 Samsung generated half of the world chip businesses profits.

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Weekly review: Gold, USD, EURUSD and Dow Jones

Weekly review: Gold, USD, EURUSD and Dow Jones

Global equity markets wrapped last week on a bullish note. At the same time, investors and market participants were cautious last week driven by hawkish comments from ECB and FED policymakers. As we enter the new trading week, the main attraction for this week is Thursday’s US PCE inflation data, which might offer some hints about the inflation trajectory in the US.

Weekly review: Gold, USD, EURUSD and Dow Jones

Weekly review: Gold, USD, EURUSD and Dow Jones

The new week has started fairly quietly in terms of price action because the US stock markets closed for George Washington's birthday. This week, investors should closely review the most recent meeting minutes from major central banks for clearer signals about the direction of interest rates in the near future. At the same time, the chipmaker Nvidia reports earnings this week, which will be closely watched by Wall Street traders and likely to cause big moves.