On Tuesday afternoon, Advanced Micro Devices (NASDAQ: AMD) released its fourth-quarter 2023 report. The chipmaker's quarterly results didn't contain any notable surprises, but its first-quarter 2024 revenue guidance was lighter than Wall Street had been expecting. That led to inv
Meta Platforms and Amazon.com added a combined $280 billion in stock market value late on Thursday after the Big Tech duo reported quarterly results that impressed investors, while Apple's value shrank by $70 billion after its results.
Intel is delaying the construction timeline for its $20 billion chipmaking project in Ohio amid market challenges and the slow rollout of U.S. grant money, the Wall Street Journal reported on Thursday.
Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Advanced Micro Devices Inc (Symbol: AMD), where a total volume of 715,185 contracts has been traded thus far today, a contract volume which is representative of
Facebook owner Meta Platforms plans to deploy into its data centers this year a new version of a custom chip aimed at supporting its artificial intelligence (AI) push, according to an internal company document seen by Reuters on Thursday.
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the Invesco QQQ (Symbol: QQQ) where we have detected an approximate $2.4 billion dollar inflow -- that's a 1.0% increase week over week in outstanding u
In today's video, I discuss the recent updates affecting Nvidia (NASDAQ: NVDA). Check out the short video to learn more, consider subscribing, and click the special offer link below.
Below is Validea's guru fundamental report for ADVANCED MICRO DEVICES, INC. (AMD). Of the 22 guru strategies we follow, AMD rates highest using our Twin Momentum Investor model based on the published strategy of Dashan Huang. This momentum model looks for a combination of fundam
Wall Street recorded declines on Wednesday, reacting to the Federal Reserve's decision to maintain current interest rates. This decision, coupled with Federal Reserve Chair Jerome Powell's indications that rate cuts are unlikely i
March S&P 500 E-Mini futures (ESH24) are up +0.38%, and March Nasdaq 100 E-Mini futures (NQH24) are up +0.57% this morning as investors looked ahead to a new round of U.S. economic data and earnings reports from tech behemoths Apple, Amazon, and Meta Platforms.
March S&P 500 E-Mini futures (ESH24) are up +0.33%, and March Nasdaq 100 E-Mini futures (NQH24) are up +0.59% this morning as investors looked ahead to a new round of U.S. economic data and earnings reports from tech behemoths Apple, Amazon, and Meta Platforms.
What you need to know… The S&P 500 Index ($SPX ) (SPY ) on Wednesday closed down -1.61%, the Dow Jones Industrials Index ($DOWI ) (DIA ) closed down -0.82%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed down -1.94%. Stocks on Wednesday retreated, with the S&P 500...
Shares of Advanced Micro Devices (NASDAQ: AMD) dropped 2.5% on Wednesday following the chipmaker's release on the prior afternoon of its fourth-quarter 2023 report. The stock's decline is largely attributable to guidance for the first quarter of 2024 coming in lighter than Wall S
What you need to know… The S&P 500 Index ($SPX ) (SPY ) today is down -0.80%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is up +0.11%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is down -1.45%. Stock indexes this morning are mixed, with the Dow...
The tech-heavy Nasdaq tumbled to over a week low on Wednesday, as Alphabet's projections for rising AI costs dented most megacap and chip stocks ahead of a crucial Federal Reserve policy decision expected later in the day.
Advanced Micro Devices AMD reported fourth-quarter 2023 non-GAAP earnings of 77 cents per share, in line with the Zacks Consensus Estimate. The figure jumped 11.6% year over year.Revenues of $6.17 billion beat the Zacks Consensus
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