Stocks have extended their gains after Fed indicates interest-rate hikes on hold [MarketWatch]
Advanced Micro Devices, Inc. (AMD)
Last advanced micro devices, inc. earnings: 4/28 04:25 pm
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Source: MarketWatch
Stocks hold on to gains as the Fed keeps key rates unchanged Stocks remained in rally mode Wednesday after the Federal Reserve kept benchmark interest rates unchanged as was widely expected. Major indexes had been trading higher during the session in response to relatively strong earnings from U.S. companies, including Advanced Micro Devices Inc. AMD, +18.73% and Boeing Co. BA, +6.58% The Dow Jones Industrial Average DJIA, +2.08% climbed 336 points, or 1.4%, to 24,916, the S&P 500 SPX, +1.83% gained 30 points, or 1.2%, to 2,670 while the Nasdaq COMP, +2.37% rose 106 points, or 1.5%, to 7,135. The Fed stressed that it will be "patient" on future policy decisions and indicated that it will "adjust" details of its balance-sheet runoff as needed. Have breaking news sent to your inbox. Subscribe to MarketWatch's free Bulletin emails. Sign up here.
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AMD
News
- Advanced Micro Devices (AMD) Expected to Beat Earnings Estimates: Can the Stock Move Higher? [Yahoo! Finance]Yahoo! Finance
- Here's Why Advanced Micro Devices (AMD) Gained But Lagged the Market Today [Yahoo! Finance]Yahoo! Finance
- 10 Stocks American Politicians are Buying in 2024 [Yahoo! Finance]Yahoo! Finance
- Advanced Micro Devices, Inc. (NASDAQ: AMD) had its price target raised by analysts at TD Cowen from $185.00 to $200.00. They now have a "buy" rating on the stock.MarketBeat
- Advanced Micro Devices, Inc. (NASDAQ: AMD) had its "outperform" rating re-affirmed by analysts at Wedbush. They now have a $200.00 price target on the stock.MarketBeat
AMD
Earnings
- 1/30/24 - Beat
AMD
Sec Filings
- 4/17/24 - Form 4
- 4/17/24 - Form 4
- 4/15/24 - Form 144
- AMD's page on the SEC website