Wall Street's main indexes rose on Wednesday as a slew of positive earnings updates and hopes for a dovish tone from the Federal Reserve overshadowed concerns about next steps for the government's coronavirus support plan.
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Wall Street's main indexes were set to open higher on Wednesday as a slew of positive earnings updates and hopes for a dovish tone from the Federal Reserve overshadowed concerns about next steps for the government's coronavirus support plan.
U.S. stock index futures ticked higher on Wednesday as investors hoped for cues of support from the Federal Reserve, while the country grappled with a spike in coronavirus cases.
Japanese shares fell to 2-1/2-week closing lows on Wednesday as a stronger yen and dismal earnings reports hurt sentiment, while Canon Inc crashed to a more than two-decade low after posting its first ever quarterly loss.
The S&P 500 Index (SNPINDEX: ^GSPC) took a dive late Tuesday, ending the day down 0.65%. Daily confirmed cases of COVID-19 in the U.S. have declined from recent highs, but the numbers are moving in the wrong direction in some states. Hard-hit Florida recorded nearly 200 COVI
(RTTNews) - Shares of Advanced Micro Devices Inc. (AMD) gained over 10% in extended trading session Tuesday after the chip maker reported a second-quarter results that trumped Wall Street estimates and lifted its full-year revenue outlook.
(RTTNews) - Advanced Micro Devices, Inc. (AMD) reported second quarter non-GAAP earnings per share of $0.18 compared to $0.08, prior year. On average, 30 analysts polled by Thomson Reuters expected the company to report profit per share of $0.16, for the quarter. Analysts' estim
Advanced Micro Devices Inc on Tuesday raised its full-year revenue forecast and forecast current quarter sales above Wall Street expectations, driven by a surge in chip demand from data-center operators and PC makers scrambling to meet coronavirus-induced remote work needs.
Advanced Micro Devices Inc on Tuesday forecast current-quarter revenue above Wall Street expectations, driven by a surge in chip demand from data-center operators and PC makers scrambling to meet coronavirus-induced remote work needs.
In this episode of Motley Fool Money, host Chris Hill chats with analysts Jason Moser and Andy Cross about the latest headlines from Wall Street. The trio assess some recent earnings reports from tech, consumer goods, and healthcare companies. The guys also share some stocks for
Intel's (NASDAQ: INTC) stock plunged 16% on July 24 after it followed up its second-quarter earnings beat by disclosing that its new 7nm process is now "trending approximately 12 months" behind its internal target. As a result, Intel doesn't expect to launch its 7nm chips until
The semiconductor sector has outperformed the broader stock market so far this year, as demand for chips remains strong amid the economic damage done by the coronavirus pandemic. Not surprisingly, chipmakers such as Advanced Micro Devices (NASDAQ: AMD) have stepped on the gas an
Four years ago, Japanese conglomerate SoftBank (OTC: SFTBY) acquired British chip designer ARM Holdings for $32 billion in a bold expansion into the semiconductor market. But SoftBank is now reportedly mulling an IPO or sale of ARM to raise cash after a streak of poor investment
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