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Samsung warns fourth-quarter profit to miss forecasts
Samsung warns fourth-quarter profit to miss forecasts

South Korea's Samsung Electronics said Wednesday it expected fourth-quarter profits to fall sharply from the previous quarter and miss forecasts as it struggled to meet robust demand for chips used in artificial intelligence servers.

Asian markets mixed after Wall St hit by US inflation fears
Asian markets mixed after Wall St hit by US inflation fears

Equities wavered on Wednesday as sentiment was knocked by a sell-off on Wall Street that was sparked by data indicating the US economy and jobs market remained robust, further denting hopes for interest rate cuts. "Recent Fed signals suggest a cautious approach to rate cuts amid a resilient job market and sticky inflation," said Stephen Innes.

Big Tech rolls out the red carpet for Trump
Big Tech rolls out the red carpet for Trump

Tech leaders continue to fall in line around Donald Trump, with Facebook's announcement that it would end its US fact-checking program the latest victory for the president-elect and his billionaire advisor Elon Musk.

US company Firefly Aerospace to launch for Moon next week
US company Firefly Aerospace to launch for Moon next week

US company Firefly Aerospace said Tuesday it is aiming to launch a lander to the Moon next week under an experimental NASA program that partners with the commercial sector to reduce costs. Firefly Aerospace was awarded a $93 million contract in 2021 under NASA's Commercial Lunar Payload Services (CLPS) initiative.

NASA eyes SpaceX, Blue Origin to cut Mars rock retrieval costs
NASA eyes SpaceX, Blue Origin to cut Mars rock retrieval costs

NASA announced Tuesday it may turn to Elon Musk's SpaceX or Jeff Bezos's Blue Origin to help reduce the soaring costs of returning Martian rocks collected by the Perseverance rover to Earth. "You all know that SpaceX and Blue Origin have already been ones that have expressed an interest, but it could be others as well," said Nelson.