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Samsung Electronics’ semiconductor unit beat expectations with a 48-fold profit jump, driven by strong margins from AI-related memory demand. Heavy spending by hyperscalers such as Meta Platforms and Alphabet is supporting high-bandwidth memory growth, with analysts pointing to sustained pricing strength amid tight supply. Counterpoint Research expects DRAM contract prices to rise 60% quarter-on-quarter in Q2 after a 42% increase in March. Samsung is considering multiyear contracts to stabilise supply, while analysts debate risks from potential disruptions and their impact on customer confidence.

Sources: The US Pentagon's estimate of US$25 billion for the Iran war is low and does not include the cost of repairing the severe damage to US military bases in the region.

According to CBS: On Wednesday morning local time, a United Airlines flight from San Francisco to San Diego had a close encounter with a drone as it approached landing.

Australia's S&P/ASX200 index opened down 39.50 points, or 0.45%, on Thursday, April 30, to 8647.50 points.

NI225 opened down 356.89 points on April 30 (Thursday), or 0.60%, to 59560.57 points.

Japan’s retail sales in March were 14.306 trillion yen, compared with the previous value of 12.155 trillion yen.