Samsung just reported a whopping 1,800% profit increase for the second quarter of this year. But its stock price fell nearly 7% in response to the news. What gives? In short, high expectations got in the way of actual growth. Also in this episode: Baby boomers begin to transfer family businesses to the next generation, buy now, pay later giant Klarna applies for a U.S. banking license, and the telehealth boom is more than super-fast prescriptions from your couch. Every story has an economic angle. Want some in your inbox? Subscribe to our daily or weekly newsletter. Marketplace is more than a radio show. Check out our original reporting and financial literacy content at marketplace.org — and consider making an investment in our future. Read the stories in today’s episode: Why analysts predict a robust second quarter earnings season Samsung posted 1800% profit growth. Its stock fell anyway. The baby boomer business transfer is coming The era of drive-thru healthcare is here Fintechs harbor banking dreams

Despite stellar earnings, Samsung's stock slumps

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[SPEAKER_C] On the program today, corporate fortunes the rest of the year, small business fortunes the next 5 or 10 years, some other stuff too. From American Public Media, this is Marketplace. In Los Angeles, I'm Kai Ryssdal. It is Tuesday, today, July 7th. Good as always to have you along, everybody. Fair is fair, one likes it to be. In business and economic coverage. So just as we started yesterday with a decidedly consumer-oriented couple of minutes, so today we go corporate, 'cause later this week, second quarter earnings season is gonna be upon us, starting with PepsiCo on Thursday. Best guesses are they'll be okay, not spectacular. Then Delta Airlines on Friday, which is expected to have beaten estimates in spite of the spike in jet fuel costs since President Trump started bombing Iran. Expensive seats being bought by premium travelers.

Despite stellar earnings, Samsung's stock slumps

Read the full transcript

The candid version is on a podcast,
not the earnings call.

Despite stellar earnings, Samsung's stock slumps

Read the full transcript

The candid version is on a podcast, not the earnings call.

The candid version is on a podcast,
not the earnings call.