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Stock impact report

Asian shares drop after Wall Street retreats thanks to sinking tech stocks [Globe and Mail, The (Toronto, Canada)]

Advanced Micro Devices, Inc. (AMD) 
Last advanced micro devices, inc. earnings: 4/28 04:25 pm Check Earnings Report
US:NYSE Investor Relations: ir.amd.com/investor-overview
Tokyo's Nikkei 225 shed 0.7% to 53,935.77, while the Kospi in South Korea skidded 3.2%, to 5,199.47. Chinese markets also retreated, with Hong Kong's Hang Seng falling 1.2% to 26,516.38. The Shanghai Composite index gave up 0.8% to 4,069.27. Australia's S&P/ASX 200 fell 0.3% to 8,902.20, while Taiwan's Taiex lost 1.1%. On Wednesday, the S&P 500 fell 0.5% for its fifth modest loss in the last six days, closing at 6,882.72. The Dow Jones Industrial Average rose 0.5% to 49,501.30 and the Nasdaq composite sank 1.5% to 22,904.58. More than twice as many stocks rose within the S&P 500 than fell, but sinking technology stocks weighed on the index for a second straight day. Advanced Micro Devices dropped 17.3% even though the chip company reported a stronger profit for the latest quarter than analysts expected. It also gave a forecast for revenue for the start of 2026 that topped analysts' expectations, but that may not have satisfied investors after its stock doubled over the last Show less Read more
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