Advanced Micro Devices (AMD) reported $5.6 billion in revenue for the quarter ended December 2022, representing a year-over-year increase of 16%. EPS of $0.69 for the same period compares to $0.92 a year ago.
Intel Corp said on Tuesday that it had made broad cuts to employee and executive pay, a week after the company issued a lower-than-expected sales forecast driven by a loss of market share to rivals and a PC market downturn.
Market indices swung to the positive ahead of today’s opening bell, and hit the close at session highs. We were led by the small-cap Russell 2000 on the session, which grew +2.45% and maintained a lead over the other top indices all day. The Dow gained +356 points, +1.06%
Advanced Micro Devices (AMD) came out with quarterly earnings of $0.69 per share, beating the Zacks Consensus Estimate of $0.66 per share. This compares to earnings of $0.92 per share a year ago. These figures are adjusted for non-recurring items.
The NASDAQ 100 After Hours Indicator is down -30.43 to 12,071.5. The total After hours volume is currently 181,582,492 shares traded.The following are the most active stocks for the after hours session: Citigroup Inc. (C) is -0.07 at $52.15, with 19,894,238 shares traded. Over t
Advanced Micro Devices on Thursday forecast first-quarter revenue below Wall Street estimates on fears of fewer orders due to worsening PC demand and slowing data center market.
Fintel reports that BlackRock
has filed a 13G/A form
with the SEC disclosing ownership of
120.83MM
shares of Advanced Micro Devices, Inc. (AMD).
This represents 7.5% of the company.
Welcome to the ORATS earnings report where we scan for companies with upcoming earnings announcements, check out historical earnings information, and find a potential options trade.
The following companies are expected to report earnings after hours on 01/31/2023. Visit our Earnings Calendar for a full list of expected earnings releases.Amgen Inc. (AMGN)is reporting for the quarter ending December 31, 2022. The biomedical (gene) company's consensus earnings
Meta Platforms’ META fourth-quarter 2022 results, set to be reported on Feb 1, are expected to reflect the impacts of weak advertising revenues.The Zacks Consensus Estimate for fourth-quarter advertising is pegged at $30.32 billion, down 7.1% year over year. Our estimate
Tech stocks have been on the rise since Jan. 1, beginning to recover from the steep declines they suffered in 2022. Investors have rallied around Apple (NASDAQ: AAPL) and Advanced Micro Devices (NASDAQ: AMD), with both companies' shares up more than 10% in the new year.
Intel's (NASDAQ: INTC) stock dropped 6% on Jan. 27 in response to its dismal fourth-quarter earnings report. The chipmaker's adjusted revenue declined 28% year over year to $14.0 billion, which missed analysts' estimates by $490 million. Its adjusted earnings plunged 92% to $0.10
The economy has been the single biggest factor driving Wall Street over the past year with technology stocks taking the biggest beating. Investors have been watching financial reports closely for indications of where things might go from here and paying particular attention to wh
Shares of Ford Motor Company F declined 2.9% after announcing price-cuts to its electric Mustang Mach-E crossover.Shares of Advanced Micro Devices, Inc. AMD fell 3.9% on the broader tech slump.Devon Energy Corporation’s DVN shares plunged 4.5% as global oil prices fell.Sh
The week of January 30th is arguably the most critical week of this earnings season. Some of the names reporting this week include energy, biotech, and mega-cap tech stocks. Below, we highlight some of the most watched EPS reports of the week:
Intel (NASDAQ: INTC) could not have kicked off 2023 in worse fashion. Its fourth-quarter 2022 earnings were near the bottom of the already not-great guidance it had provided a few months ago, and the first quarter of 2023 is going to be even uglier. Intel has a very difficult and
After a year to forget for the tech world, in which the Nasdaq-100 Technology Sector index plunged 40%, many stocks have been on the rise in 2023. In fact, the same index has climbed 11% since Jan. 1 as investors grow bullish on the prospects of a new year.
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