US STOCKS-Wall St set to open higher on stimulus hopes, easing trade tensions [Reuters]
Advanced Micro Devices, Inc. (AMD)
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Source: Reuters
Wall Street set to open higher on stimulus hopes, easing trade tensions - Reuters 3 Min Read (Reuters) - U.S. stock indexes were set to open slightly higher on Friday as an interest rate cut by China’s central bank and signs of more co-operation on trade allayed concerns about a slowdown in global growth. China cut its new one-year benchmark lending rate for the second month in a row on Friday, days after the Federal Reserve and the European Central Bank reduced borrowing costs and left the door open for further monetary stimulus. U.S. equities were set to end the week fairly unchanged after a rough start, sparked by attacks on Saudi oil facilities. Hopes of additional stimulus calmed investor nerves later in the week, nudging the benchmark S&P 500 closer to its record high hit in July. “The market does seem to be in a bit of a waiting pattern, looking for indication for whether the economy will gain strength or the alternative indication that we are going to slow further,” said Rick
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AMD
News
- Advanced Micro Devices, Inc. (NASDAQ: AMD) had its price target lowered by analysts at Citigroup Inc. from $192.00 to $176.00. They now have a "buy" rating on the stock.MarketBeat
- AMD Q1 Earnings Beat Estimates, Shares Fall on Weak Q2 View [Yahoo! Finance]Yahoo! Finance
- Advanced Micro Devices, Inc. (NASDAQ: AMD) had its price target lowered by analysts at UBS Group AG from $205.00 to $200.00. They now have a "buy" rating on the stock.MarketBeat
- Advanced Micro Devices, Inc. (NASDAQ: AMD) had its price target lowered by analysts at Roth Mkm from $190.00 to $180.00. They now have a "buy" rating on the stock.MarketBeat
- Amazon, Pinterest rise; Starbucks, CVS Health fall, Wednesday, 5/1/2024 [Yahoo! Finance]Yahoo! Finance
AMD
Earnings
- 4/30/24 - Beat
AMD
Sec Filings
- 5/1/24 - Form 10-Q
- 4/30/24 - Form 8-K
- 4/17/24 - Form 4
- AMD's page on the SEC website