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Samsung Electronics Reports 53% Jump in Preliminary Q2 Operating Profit

The result underscores the soaring chip demand that has depleted stockpiles amid a pandemic-led consumer appetite for electronics and recovering investment in data centers.
Microsoft, Amazon, Alphabet and Nvidia jumped 1% or more, with those and other growth stocks showing signs of awakening after lagging in recent weeks.
David Tepper, manager of $14 billion in assets, is more uncertain about the stock market due to President Donald Trump's trade war with China. Is the Bull Market Over?