# Daily Fintech News — October 8, 2026 > Daily brief on markets, macro, banking, chips and AI infrastructure. Published October 8, 2026 at 7:00 PM ET by Daily Fintech News. Canonical HTML: https://dailyfintechnews.com/brief/fintech/2026-10-08 **Entities covered:** Quantum computing, Amazon, Data center --- ## 1. Samsung's operating profit to surge ninefold to a record ~$80 billion on AI chip demand *Section: Earnings* Samsung Electronics said quarterly operating profit will reach roughly $80 billion for the first time, up nearly ninefold year on year, as surging demand for advanced memory chips used in AI infrastructure drove record earnings for the three months to September. Permalink: https://dailyfintechnews.com/brief/fintech/2026-10-08#item-1 ## 2. Quantum Startup Oratomic Now Worth $5.4 Billion After Series-B Funding *Section: Funding* Quantum-computing startup Oratomic raised $475 million in a Series B just three months after its Series A, lifting total funding to $775 million at a $5.4 billion valuation, the latest sign of surging investor enthusiasm for the nascent technology. Permalink: https://dailyfintechnews.com/brief/fintech/2026-10-08#item-2 ## 3. Amazon Reworks Mississippi Data Centers After Utility Warned It Would Cut Power at Peak Times *Section: AI Infrastructure · Tickers: $AMZN* Mississippi utility Entergy warned Amazon it would have to pull the company's data centers off the grid during peak demand to protect other customers, prompting AWS to rework how it runs and expands its Jackson-area facilities as power constraints increasingly shape AI data-center growth. - $AMZN close: $258.65 (-0.49%) Permalink: https://dailyfintechnews.com/brief/fintech/2026-10-08#item-3 --- ## Questions this brief answers **Why did Samsung's operating profit to rise?** Samsung Electronics said quarterly operating profit will reach roughly $80 billion for the first time, up nearly ninefold year on year, as surging demand for advanced memory chips used in AI infrastructure drove record earnings for the three months to September. **How much did Quantum Startup Oratomic Now raise?** Quantum-computing startup Oratomic raised $475 million in a Series B just three months after its Series A, lifting total funding to $775 million at a $5.4 billion valuation, the latest sign of surging investor enthusiasm for the nascent technology. **What did Amazon announce on October 8, 2026?** Mississippi utility Entergy warned Amazon it would have to pull the company's data centers off the grid during peak demand to protect other customers, prompting AWS to rework how it runs and expands its Jackson-area facilities as power constraints increasingly shape AI data-center growth. --- ## More from Daily Fintech News - Previous brief: [October 7, 2026 — Where Nvidia's $100 Billion Dealmaking Juggernaut Will Go Next](https://dailyfintechnews.com/brief/fintech/2026-10-07) - Also covers Amazon, Data center, Quantum computing: [September 8, 2026 — Palantir names Nebius its preferred sovereign AI infrastructure partner](https://dailyfintechnews.com/brief/fintech/2026-09-08) - Also covers Amazon, Data center: [August 31, 2026 — Tesla rose 5%, its best day since early July, ahead of Cybercab launch event](https://dailyfintechnews.com/brief/fintech/2026-08-31) - Also covers Amazon, Data center: [September 9, 2026 — Apple unveils iPhone Duo, its first foldable iPhone, starting at $2,000](https://dailyfintechnews.com/brief/fintech/2026-09-09) - [All briefs](https://dailyfintechnews.com/brief/fintech) *Source: Daily Fintech News (https://dailyfintechnews.com). Attribution with a link to the brief URL is appreciated when quoted.*