Dutch semiconductor equipment maker ASML reported better-than-expected quarterly results, driven by strong AI-related investments, leading the company to raise its full-year 2026 net sales and gross margin outlook. The firm also plans significant production capacity increases despite ongoing US-China tech tensions.
As of 3:30 PM, foreign investors showed net purchases of SK Square and DB Hi-Tek, while Samsung Electronics led net sales. Data from KRX and Yonhap Infomax.
Inditex, the parent company of Zara, reported a 5.4% year-on-year increase in net income to €1.4 billion for the first quarter, surpassing market expectations. Sales also grew, driven by strong consumer demand despite economic uncertainties.
As of 3:30 PM, SK Square was the top net purchaser with 328.97 billion KRW, while Samsung Electronics saw the highest net sales at 393.72 billion KRW. Data from KRX and Yonhap Infomax.
From May 18-22, KRX data shows Simteck as the top net purchase by value, while Fadu recorded the highest net sales. Other notable stocks include Tes, MachinaRocks, and Alteogen.
Parent company of president’s Truth Social platform generated only $870,000 even as net sales were up 6%The parent company of Donald Trump’s Truth Social platform – one of the president’s preferred communications channels – lost nearly $406m in the first three months of the year while generating a little over $870,000 in revenue, according to financial filings.The Trump Media and Technology Group’s quarterly report for January to March 2026 showed that while net sales were up 6% year over year, the company took sizable losses related to other investments. Continue reading...
