Newscasts - The Week in Numbers: Samsung rides the AI boom, Amazon chops jobs

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30/01/2026 11:07

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Source: 'Reuters - Business videos'

Description: From Samsung's soaring profits to a major round of Amazon job cuts, Francis Maguire rounds up the big stories in business and finance for the week ending January 30. Francis Maguire reports.

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Video Transcript:

From Samsung's record profits to Amazon's huge job cuts, this is The Week in Numbers. $11.4 billion was the operating profit of Samsung's chip business in the fourth quarter. The AI boom drove the company's main cash cow up 490% from a year earlier to a record high. But a South Korean company forecast a chip shortage will get worse this year. That's as the race to build AI hits supply and boosts prices. 8% was the plunge in LVMH shares during a midweek sell-off. Investors shed the stock after fourth-quarter results lowered hopes of a recovery in luxury demand. The sector continued to be weighed down by slow sales in the important Chinese market, while LVMH CEO Bernard Arnault also gave a cautious outlook. $30 billion is the amount Japan's SoftBank is reported to be considering investing in OpenAI. That's what a source told Reuters. The money would be part of a funding round that could raise up to $100 billion, valuing the company at about $830 billion. SoftBank previously said it had completed a $41 billion investment, giving it an 11% stake in the ChatGPT maker. 16,000 is the number of jobs Amazon said it would cut worldwide. It marks the second round of major layoffs at the company in three months. The tech giant is restructuring after the pandemic era over hiring, and it's expanding its adoption of AI tools. It comes months after Amazon cut 14,000 white-collar jobs in late October. $50 billion is the amount Elon Musk's SpaceX aims to raise in an initial public offering. That's from a report in the Financial Times, which Reuters couldn't verify. It will value the rocket and satellite company at around $1.5 trillion, and make the listing the largest in history in terms of deal size.