Tech in driver's seat as S&P 500 flirts with record [Reuters]
Advanced Micro Devices, Inc. (AMD)
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Source: Reuters
Tech in driver's seat as S&P 500 flirts with record - Reuters 4 Min Read SAN FRANCISCO (Reuters) - Technology stocks are extending their leadership on Wall Street as the S&P 500 trades near its all-time high, with Advanced Micro Devices Inc , Xilinx Inc and Xerox Corp among the top performers since last December’s sell-off that stirred fear of an end to a decade-long bull market. The S&P 500 has surged 22% since Dec. 24, when fears of higher interest rates knocked the index to an 18-month low. Silicon Valley has delivered the strongest gains during that time, with the S&P 500 information technology index jumping 32%, followed by consumer discretionary’s 28% rally. GRAPHIC: S&P 500 sectors since Dec. 24 - tmsnrt.rs/2I6sFSJ The S&P 500 on Tuesday dipped 0.61%, putting an end to eight straight sessions of gains. It is down less than 2% from its Sept. 20 record high close. The so-called FANG stocks, plus Apple Inc , have outperformed the wider market, with Netflix Inc surging 56% since D
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AMD
News
- 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
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- AMD to Report Fiscal First Quarter 2024 Financial ResultsGlobeNewswire
AMD
Earnings
- 1/30/24 - Beat
AMD
Sec Filings
- 4/15/24 - Form 144
- 3/25/24 - Form ARS
- 3/25/24 - Form DEFA14A
- AMD's page on the SEC website