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STOCKS | US Stock Futures Slide as Samsung Results Fail to Impress

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2026-07-07 12:05:49
US equity futures fell as global chipmakers declined after Samsung Electronics Co.’s earnings failed to impress investors despite a 19-fold profit surge, according to Bloomberg.

Oil jumped after fresh attacks on ships in and around the Strait of Hormuz raised concerns about the US-Iran deal. Bloomberg also reported the NATO Summit kicked off in Ankara, Turkey, and Franklin Templeton’s Katrina Dudley discussed tech valuations.
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