Nasdaq AMD

September S&P 500 futures (ESU23) are down -0.26%, and September Nasdaq 100 E-Mini futures (NQU23) are down -0.35% this morning as U.S. bond yields hit 9-month peaks, while market participants looked ahead to earnings reports from U.S. tech mega-caps Apple and Amazon.

In today's video, I discuss Advanced Micro Devices (NASDAQ: AMD) and essential information about its upcoming AI products shared during its latest earnings call. Check out the short video to learn more, consider subscribing, and click the special offer link below.

The PC market is finally starting to stabilize after a brutal post-pandemic correction. Global PC shipments were down 13.4% year over year in the second quarter, according to IDC, a vast improvement over the 29% decline suffered in the first quarter.

Shares of German chipmaker Infineon tumbled 10% on Thursday after it forecast fourth-quarter revenue would come in below market expectations, weighed down by weak demand from makers of personal computers and smartphones.

Fintel reports that on August 2, 2023, B of A Securities maintained coverage of Advanced Micro Devices (NASDAQ:AMD) with a Neutral recommendation. Analyst Price Forecast Suggests 19.45% Upside

Fintel reports that on August 2, 2023, JP Morgan maintained coverage of Advanced Micro Devices (NASDAQ:AMD) with a Neutral recommendation. Analyst Price Forecast Suggests 19.45% Upside

Undoubtedly, artificial intelligence (AI) is the hot topic of 2023. Indeed, according to FactSet, the number of S&P 500 companies that mentioned AI in their first-quarter earnings calls hit an all-time high of 110, compared to 61 a year ago.

Wall Street finished lower on Wednesday, with the S&P 500 and Nasdaq Composite down for a second straight day as investors took profits on five months of gains a day after rating agency Fitch cut the U.S. government's credit rating.

What you need to know… The S&P 500 Index ($SPX ) (SPY ) Wednesday closed down -1.38%, the Dow Jones Industrials Index ($DOWI ) (DIA ) closed down -0.98%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed down -2.21%. Stocks on Wednesday closed sharply lower, with the S&P...

Wall Street finished lower on Wednesday, with the S&P 500 and Nasdaq Composite down for a second straight day as investors took profits on five months of gains a day after rating agency Fitch cut the U.S. government's credit rating.

Wall Street closed down on Wednesday, with the S&P 500 and Nasdaq Composite lower for a second straight day, with investors taking profits on five months of gains a day after rating agency Fitch cut the U.S. government's credit rating.

What happened There's little question that the hard-charging market rebound this year is largely the result of excitement about recent advancements in artificial intelligence (AI). In the wake of their worst performance since 2008, the major market indexes are decidedly in rally

What happened Shares of Advanced Micro Devices (NASDAQ: AMD) took a dive on Wednesday morning, dipping as much as 8.7% by noon ET. The semiconductor designer reported second-quarter business results on Tuesday evening, and the report wasn't impressive enough to support AMD's soar

Tech stocks were lower late Wednesday with the Technology Select Sector SPDR Fund (XLK) down 2.5% and the Philadelphia Semiconductor index shedding 3.7%.

Advanced Micro Devices's shares fell about 6% on Wednesday as analysts raised concerns that the chip designer's targets for an artificial intelligence (AI) ramp-up may be too ambitious.

Wall Street dropped on Wednesday, as investors embarked on a round of profit-taking in response to the move by rating agency Fitch to downgrade the U.S. government's credit rating.

Tech stocks were lower Wednesday afternoon, with the Technology Select Sector SPDR Fund (XLK) down 2.2% and the Philadelphia Semiconductor index shedding 3.4%.

Fintel reports that on August 2, 2023, Wedbush maintained coverage of Advanced Micro Devices (NASDAQ:AMD) with a Outperform recommendation. Analyst Price Forecast Suggests 19.45% Upside

Fintel reports that on August 2, 2023, Rosenblatt reiterated coverage of Advanced Micro Devices (NASDAQ:AMD) with a Buy recommendation. Analyst Price Forecast Suggests 19.45% Upside

Fintel reports that on August 2, 2023, Morgan Stanley reiterated coverage of Advanced Micro Devices (NASDAQ:AMD) with a Overweight recommendation. Analyst Price Forecast Suggests 16.27% Upside