industrial goods

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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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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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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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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Visa tops earnings expectations as CFO sees 'no evidence of a pullback' in spending

Visa tops earnings expectations as CFO sees ‘no evidence of a pullback’ in spending

Visa Inc. beat expectations with its latest results on Tuesday, sending an upbeat signal to investors about the resilience of spending volumes in the current macroeconomic climate. Amid growing concern about the state of the consumer due to factors such as rising inflation and higher interest rates, Visa V, -0.83% joined the card company American …

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