Samsung Electronics disclosed in its Q2 2026 earnings that its mobile business recorded an operating loss for the first time. The loss pushed the broader DX (Device eXperience) division to an operating loss of 800 billion won (about $550 million), with smartphones cited as the main drag. Samsung said it will focus in Q3 on higher value-added products such as the Ultra lineup and the Galaxy Z Fold 8 series to support performance. The development has weighed on the company’s stock, reflecting near-term pressure on its core consumer electronics business.

Apple, Microsoft and other major tech companies are raising prices on hardware, citing higher memory and storage component costs tied to the buildout of AI. Microsoft said console storage and memory prices have risen by more than 2.5x and it expects another doubling by the fall of 2027. Apple has increased prices across MacBook and iPad models by hundreds of dollars, Microsoft has lifted Xbox prices, and Google’s Pixel 11 is also facing upward pressure. The moves reflect industry-wide cost pass-through rather than a single-company shift, as AI infrastructure spending squeezes room for consumer-device pricing and could weigh on demand.

Google parent Alphabet (GOOGL) will be added to the Dow Jones Industrial Average starting June 29, replacing Verizon (VZ). The move marks the Dow’s first component change since 2024. S&P Global said Alphabet’s larger market value, higher share price and diversified business mix make it a more representative Communication Services constituent. Because the Dow is price-weighted, with GOOGL trading at roughly seven times VZ, the change is set to give Alphabet a much larger weight in the index.