
Samsung guides to record $80 billion quarterly profit as AI memory demand soars
Samsung expects Q3 2026 operating profit of about 107.4 trillion won (~$80 billion), up 783%, on AI-driven memory demand, its October 8 guidance showed.
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Samsung expects Q3 2026 operating profit of about 107.4 trillion won (~$80 billion), up 783%, on AI-driven memory demand, its October 8 guidance showed.

Brent settled at $104.72 on October 9, 2026 as Hurricane Isaias shut about 71.5% of US Gulf oil output, while diesel fell about 3% on Trump's Russian diesel deal.

USDA's October 9, 2026 report raised the US corn yield to 181.2 bushels an acre and set a record soybean yield, sending corn futures sharply lower.

TSMC reported September 2026 revenue of about NT$511.86 billion on October 8, up 54.6% year on year, as AI chip demand kept growing.

India's weakest monsoon since 2015 has led states to declare drought and the Centre to cut its 2026-27 foodgrain target, raising risks for farm incomes and rural demand.

Airtel showcased sovereign cloud and AI security used by Indian Railways and EPFO to minister Scindia at IMC 2026 on Oct 8, 2026, and said data residency is not sovereignty.

Indian start-ups raised $168 million across 28 deals in Oct 3-9, 2026, down from $418 million, with no round above $44 million, a weekly tracker said.

Economists expect India's September 2026 retail inflation, due on Oct 12, at 5.4% to 5.6%, up from 4.82% in August, as food and energy costs rise.

Bengaluru-based Myca raised US$1.3 million pre-seed, reported 7 October 2026, to scale AI that turns agribusiness field teams' messages into organised data.

Lifestyle-tech brand DailyObjects raised Rs 332 crore in a Series C at about Rs 1,050 crore valuation, reported 8 October 2026, with an 18x partial exit.

HCLTech launched 20 ready-made Industry AI Solutions on 8 October 2026 for sectors from banking to manufacturing, citing company-reported efficiency gains.

US stocks closed mixed on 8 October 2026 as an OpenAI revenue report hit AI shares, while energy stocks gained and Treasury yields eased, setting the tone for global markets.

Hyundai Motor India plans to raise the share of women executives from just over 8% to 20% by 2030, a step towards gender parity in India's automotive sector.
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