semiconductors

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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