Samsung (005930 KS) raises the price of most Galaxy S26 phones by USD 100, The Verge reports
Every headline is on the live feed 20 minutes before this site.
Argentina says its agricultural exports to the EU grew 21% in the first four months after the Mercosur agreement
Brazil's Petrobras (PBR) raises jet fuel prices by roughly 11.8% at main refineries from today
Samsung (005930 KS) raises the price of most Galaxy S26 phones by USD 100, The Verge reports
Micron (MU) CEO says co. rewarded teams that helped boost gross margins
Tamoil extends Italy fuel price mitigation measures until October 31st, reports ANSA
On the Newsquawk feed at , 20 minutes before this page.
Context
Flagship price increases of this kind are a familiar lever for handset makers facing rising component costs, particularly memory, and the read-through runs through average selling prices and margin mix rather than volume. The pattern in past cycles is that Samsung prices to a reference point set by Apple: when the premium tier anchor moves, the Korean maker follows within a generation or two, and the open question is whether this increase presages a broader industry reset or is unilateral. A USD 100 step is at the larger end of single-generation moves, which historically has been tolerated at the high end where demand is least elastic and carrier subsidies smooth the sticker shock, while mid-range elasticity is where volumes get sacrificed. Worth noting the attribution: a single media report rather than company confirmation, so the follow-ons are official pricing at launch, the US carrier subsidy structure that determines the effective price, and any commentary on memory cost pass-through, which is the transmission channel back to the semiconductor side of the same group. The Verge tag notwithstanding, the equity read sits in 005930 and the peer set of handset and memory names rather than in FX.
Related headlines
- USTR releases joint ministerial statement from 12 G20 countries plus EU and Poland calling for steps to eliminate excess capacity and production in all economies 20 min ago
- Trump admin housing officials are launching an investigation into Wells Fargo (WFC) to examine whether its decade-long efforts to increase black homeownership violated fair lending laws, reports WSJ32 min ago
- [MARKET UPDATE] Following reports France considers issuing more shorter-term debt amid bond market turmoil, saw immediate risk-on trade; EUR/USD saw upside and OATs rallied, alongside slight upside in stocks and spot gold56 min ago
- Marvell (MRVL) CEO tells CNBC that implied data centre revenue could top USD 30bln by 20281 hour ago
- US EQUITY OPEN: US indices lower as Treasury yields soar2 hours ago
- US President Trump announcement at 13:00EST/18:00BST will be to host guests to celebrate the announcement of automatic enrollment for Trump Accounts, reports CNN's Jaramillo citing a WH official2 hours ago
- Iranian President Pezeshkian and Russian President Putin stressed the need to continue and strengthen bilateral cooperation, IRNA reports2 hours ago
- CNBC's Faber confirms that SpaceX's (SPCX) USD 40bln capital raise has not yet been priced2 hours ago
- Nvidia’s (NVDA) USD 100bln deal spree could target robots, self-driving cars and local AI next, according to The Information3 hours ago
- First LNG train at Qatar's Northfield east expansion project is ready to start, and first gas expected in November, according to source reports3 hours ago
- Russia-Ukraine war delays 60k T of sunflower oil shipments to India and India buys 150k T of palm oil for Nov-Dec delivery, according to trade sources3 hours ago
- DR Congo uncovers USD 20bln in payments to ineligible mining suppliers, reports Semafor; These findings at mining businesses, among them subsidiaries of Glencore (GLEN LN) 4 hours ago
- Maersk (MAERSKB DC) says vessel delays are disrupting Asia to North American trade; demand from Asia to North America remains elevated5 hours ago
- China and the EU could monitor trade within hybrid autos but also use trade probe tools against the EU, CCTV reports5 hours ago
- Russia's Kremlin says no call between President Putin and US President Trump has been agreed yet5 hours ago
- Some Japanese aluminium buyers agreed to pay global producers premiums of USD 255/tonne for October-December shipments, -35% Q/Q, sources say6 hours ago
- Iranian Army spokesperson says Iran will launch pre-emptive attacks if needed and used new offensive and defensive equipment during the 40-day war, Fars reports6 hours ago
- [MARKET ANALYSIS] DXY firmer on higher energy/yields and a resurgence of EUR pressure 6 hours ago
- [MARKET ANALYSIS] Yields climb as energy lifts, OATs and Gilts lag.6 hours ago
- Germany’s foreign trade association raised its 2026 export growth forecast to 1%7 hours ago
The feed had this first.
Use the Platform