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AMD reports record revenue but Q4 forecast disappoints
Advanced Micro Devices reported record Q3 revenue of $6.8 billio, up 18%. But the shares fell due to a disappointing forecast for Q4.Tech - VentureBeat - October 29 -
AMD’s stock is getting hurt by this ‘unpalatable’ reality
One analyst says that AMD’s muted guidance is unlike what Wall Street has come to expect of “AI names.”Business - MarketWatch - October 30 -
Nvidia, AMD shares extend drops as investors get spooked — but should they be?
An ASML warning about the health of the semiconductor market is one factor weighing on AI chip stocks Tuesday — but one analyst says Nvidia investors shouldn’t be worried.Business - MarketWatch - October 15 -
Intel, AMD Create Advisory Group to Shape Future of X86 Architecture
The two companies and other technology giants will work together to shape the future of the x86 chip as the landscape transitions to dynamic artificial-intelligence workloads.Tech - The Wall Street Journal - October 15 -
AMD’s AI punches are landing where it counts — against Nvidia
Not every AI customer wants or can afford Nvidia’s powerhouse Blackwell chip.Business - MarketWatch - October 19 -
Beyond AI, AMD and Intel earnings will hit on another important trend
Next week, as the technology sector earnings reporting season begins in full force, the results from two rival chip makers, Intel Corp. and Advanced Micro Devices Inc., will give investors data on ...Business - MarketWatch - October 26 -
AMD shares fall as forecast fails to impress despite strong AI growth
AMD shares are up about 20% so far in 2024, although rivals such as Nvidia and Broadcom have had much greater gains during the same period, driven by AI chips.Business - CNBC - October 30 -
FirstFT: Harris calls on America to ‘turn the page’ on Trump
Also in today’s newsletter, Ukraine and Russia hold secret talks, while Alphabet and Reddit shares rise after resultsWorld - Financial Times - October 30 -
AMD's post-earnings slide is a buying opportunity. Here's why
Wall Street's reaction to the quarter continues an up-and-down month for shares of the AI chipmaker.Business - CNBC - October 30 -
New Ryzen 7 9800X3D Is The Fastest Gaming CPU Out There, Says AMD
Just a week after the launch of Intel's latest generation of desktop CPUs, AMD has fired back with the announcement of the first 3D V-Cache-equipped chip in the company's 9000-series CPUs, with the ...Tech - GameSpot - October 31 -
AMD’s stock stands out from other AI names. What that may say about the market.
AMD’s stock is the only one of select AI names with a lower forward multiple now than its five-year average.Business - MarketWatch - October 21 -
As AMD starts shifting focus to next year, just how high can AI revenue go?
Bullish expectations for AMD’s AI revenue came down sharply over the course of this year. Some analysts say early estimates for 2025 are already too high.Business - MarketWatch - October 28 -
Palo Alto shares helped by contract news, Abbott Labs braces for lawsuit ruling
Every weekday, the Investing Club releases the Homestretch; an actionable afternoon update just in time for the last hour of trading.Business - CNBC - October 31 -
AMD could still be a sleeper against Nvidia, but Wall Street isn’t yet convinced
Advanced Micro Devices Inc. executives made some bold statements about the company’s underdog AI accelerator chip Tuesday, and said it is ready to take the spoils from rival Nvidia Corp.Business - MarketWatch - October 30 -
AMD and Alphabet hit earnings targets this week — now Apple, Amazon, Microsoft and Intel get their shot
The stock market is giving Big Tech tougher demands for its continued support.Business - MarketWatch - October 30 -
Jim Cramer identifies an interesting buy level for our worst performing Big Tech stock this year
The Investing Club holds its "Morning Meeting" every weekday at 10:20 a.m. ET.Business - CNBC - October 31 -
Airbnb misses on earnings but squeaks in a revenue beat
Airbnb reported third-quarter earnings Thursday that showed revenue up 10% year over year.Business - CNBC - Yesterday -
Ericsson stock jumps as AT&T fuels earnings beat
Ericsson shares rallied on Tuesday as the Swedish telecom equipment maker said the market is stabilizing as North America returns to growth.Business - MarketWatch - October 15 -
Liz Cheney jumps into House races — for Democrats
Former Rep. Liz Cheney (R-Wyo.) is taking her anti-Trump crusade to the congressional battlefield, endorsing Democrats in a pair of contested House races in a sign that she sees the lower chamber ...Politics - The Hill - October 16 -
Expedia stock jumps on report of acquisition interest by Uber
Shares of Expedia Group Inc. jumped more than 7% in after-hours trading Wednesday after the Financial Times reported Uber Technologies Inc. was considering a bid to buy the online travel company.Business - MarketWatch - October 17 -
Philadelphia Fed’s factory gauge jumps in October
Index rises to 10.3, second straight monthly gainBusiness - MarketWatch - October 17 -
Merck KGaA Shares Jump on Expectations of AI Boost
The German company said booming artificial-intelligence demand would help its electronics sales grow faster than previously expected over the medium term.Business - The Wall Street Journal - October 17 -
Tesla shares jump on profit beat, Musk's prediction of at least 20% 'vehicle growth' next year
Tesla reported better-than-expected profit in its third-quarter earnings report on Wednesday.Business - CNBC - October 24 -
Seadrill stock jumps on report of talks with Transocean
Shares of Seadrill rallied early Thursday after a report the offshore drilling company is in talks to merge with Transocean.Business - MarketWatch - October 24 -
Canucks Jump Into NHL.com's Top 16 Power Rankings
The Vancouver Canucks have won three straight games and are ranked in the top 16 of NHL.com's Super 16.Sports - Yahoo Sports - October 25 -
Alphabet Revenue Jumps 15% to $88.3 Billion
The tech giant’s 34 percent increase in quarterly profit topped Wall Street expectations, driven by its advertising and cloud businesses.Tech - The New York Times - October 29 -
UK borrowing costs hit post-election high on eve of Reeves’ first Budget
Chancellor will draw parallels with Tony Blair government’s efforts to repair country’s social fabric in late 1990sBusiness - Financial Times - October 30 -
Amazon shares jump 6% after earnings beat
Amazon's latest upbeat results were driven by growth in cloud and digital advertising.Business - CNBC - November 1 -
Oil Jumps as OPEC+ Further Delays Output Hike
Oil prices rose after OPEC and its allies pushed back a planned production increase by a month, signaling caution amid growing concerns about weaker global demand and lower prices.World - The Wall Street Journal - 4 days ago -
Primark owner profits jump despite summer washout
It said clothes sales in the UK and Ireland grew despite dampened demand for beach and swimwear.Top stories - BBC News - 3 days ago -
Retailers Jump at the Chance to Invest in Fifth Avenue
IKEA and Uniqlo join luxury fashion houses in owning, rather than leasing, huge retail spaces on the strip. Developers are cashing in.Top stories - The New York Times - 3 days ago -
Palantir shares close up 23% to record on uplifting guidance
Palantir shares soared to a record on Tuesday after the software company reported better-than-expected results and issued uplifting guidance.Business - CNBC - 3 days ago -
DJT stock jumps as former president Trump wins election, then pulls back
Trump Media & Technology rose Wednesday morning after its majority shareholder, former President Donald Trump, declared victory.Business - MarketWatch - 2 days ago -
Tesla’s Stock Jumps After Trump’s Victory
Investors believe that the electric car company led by Elon Musk will benefit from his support of the president-elect.Tech - The New York Times - 12 hours ago -
Prison stocks jump on expectations of more detentions
Shares of GEO Group and CoreCivic surged on Wednesday in expectation that President-elect Donald Trump’s administration will detain more immigrants in facilities run by the companies.Business - MarketWatch - 2 days ago -
Mortgage rates jump after Trump defeats Harris
Mortgage rates rose Wednesday morning as the financial markets reacted to Republican nominee Donald Trump winning the presidential election.Business - MarketWatch - 2 days ago -
Lyft shares soar 20% on results and autonomous-vehicle partnership
Lyft reported third-quarter sales that beat expectations while offering an upbeat demand forecast, after the ride-hailing platform earlier in the day announced an autonomous-vehicle partnership ...Business - MarketWatch - 2 days ago