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AMD stock slips as revenue forecast dips below Street consensus

AMD stock slips as revenue forecast dips below Street consensus

Shares of Advanced Micro Devices Inc. fell in the extended session on Tuesday after the chipmaker’s earnings forecast fell short of Wall Street’s consensus after posting record sales, beating Street’s expectations and reporting a big gain. in data center sales. “Taking a step back, while there has been additional weakness in the PC market in …

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PayPal earnings packed in much more than just numbers

PayPal earnings packed in much more than just numbers

After seeing its shares lose about two-thirds of their value last year, PayPal Holdings Inc. delivered a packed earnings report Tuesday, announcing a new chief financial officer, a buyback authorization and a cost-savings program, while which confirms that activists from Elliott Management Corp. have acquired a stake in the company. Additionally, the company beat expectations …

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The dollar will weaken and these stocks could outperform, says Evercore

The dollar will weaken and these stocks could outperform, says Evercore

Hopes that the Fed may be less aggressive in raising borrowing costs than previously feared have spread rapidly in markets this past week. Stocks have risen as bond yields have fallen. And it has brought the dollar rampage to a screeching halt. The DXY dollar index, +0.49%, which hit a 20-year high above 108.5 in …

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JP Morgan quant who called summer rebound in stocks says rally could continue even if corporate profits decline

JP Morgan quant who called summer rebound in stocks says rally could continue even if corporate profits decline

Investors worried about the next pullback in stocks might want to pause and consider this: The drop in stock valuations since the start of the year has already outpaced the average pullback of other downturns since the early 1990s. , according to JPMorgan Chase & Co.’s stock quantifier Marko Kolanovic. While more Wall Street analysts …

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Tesla investors urged to vote against board members, for shareholder proposals by influential advisory services

Tesla investors urged to vote against board members, for shareholder proposals by influential advisory services

Two prominent and influential proxy advisory firms are urging Tesla Inc. investors to vote against the re-election of two board members, recommending that they defy the company’s wishes and vote for six of the eight proposals. of the shareholders. tesla Tesla, +0.04% is facing several employee-related controversies and is caught in the spotlight of CEO …

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Will the stock-market rally turn into a selloff? This bond-market gauge could tip investors off

Will the stock-market rally turn into a selloff? This bond-market gauge could tip investors off

Now that the Fed appears to have ditched its forward guidance tool in favor of being “data dependent” to help inform its future path for rates, investors should keep an eye on this gauge of inflation expectations for signs of a change in market mood. . Look at the five-year breakeven rate of inflation, one …

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Roku stock plummets as earnings are widely panned: 'The sum of all of our worries'

Roku stock plummets as earnings are widely panned: ‘The sum of all of our worries’

Shares of Roku Inc. fell in premarket trading on Friday after the streaming company acknowledged a “significant slowdown” in ad spending that helped propel it to weaker-than-expected results and could persist beyond the last trimester. “Consumers began to moderate discretionary spending and advertisers significantly reduced spending in the ad dispersion market (TV ads purchased during …

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Apple earnings can be summed up in one word

Apple earnings can be summed up in one word

Apple Inc.’s iPhone business appears to be a portrait of resilience, according to numerous analysts, as the company indicated Thursday night that macroeconomic pressures had yet to curb demand for its smartphones. The company posted better-than-expected results for its latest quarter, highlighted by strong success in the iPhone segment that helped offset a sizable loss …

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Amazon stock jumps 14% as sales beat and AWS growth overcome a second straight quarterly loss

Amazon stock jumps 14% as sales beat and AWS growth overcome a second straight quarterly loss

Amazon.com Inc. decided to cut back after years of pouring money into growth, and the result was a second straight quarterly loss, but a hit to sales and continued strong growth from Amazon Web Services helped drive the stock higher in post-closing operations. Thursday. amazon amzn, +1.08% reported a second-quarter loss of $2 billion, or …

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