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Event Brief

Samsung profit jumps 19-fold, shares fall 6.9%

Samsung reported a 19-fold profit increase while its shares dropped 6.9% amid oversupply worries.
WHO: Samsung
WHAT: Samsung's profit rose 19 times, but its shares fell 6.9% due to oversupply worries.
WHEN: Jul 7, 2026 at 4:00 AM ET
WHERE: South Korea
WHY: Investors worried about oversupply.

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