Wall Street drifts as tech stocks sink again [Globe and Mail, The (Toronto, Canada)]
Advanced Micro Devices, Inc. (AMD)
Last advanced micro devices, inc. earnings: 4/28 04:25 pm
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Source: Globe and Mail, The
The S&P 500 slipped 0.2%, coming off its fourth modest drop in the last five days. The Dow Jones Industrial Average was up 389 points, or 0.8%, as of 11:30 a.m. Eastern time, and the Nasdaq composite was 1% lower. Most stocks within the S&P 500 are rising, but falling technology stocks are weighing on the index for a second straight day. Advanced Micro Devices dropped 15.7% 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 been enough for investors after its stock had doubled over the last 12 months. Tech stocks are broadly feeling pressure, even when they deliver stronger-than-expected profits. Big Tech stocks are facing criticism that their prices shot too high following their yearslong dominance of the market. Companies like software makers, meanwhile, are struggling with questions about whether they'll lose in
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AMD
News
- Jim Cramer says the software sell-off creates opportunities in stocks outside of tech [MSNBC.com]MSNBC.com
- Stocks Mixed on Sector Rotation out of Tech [Yahoo! Finance]Yahoo! Finance
- Today's Market: Dow Climbs 350 Points, Nasdaq Falls 1% as Tech Stocks Struggle [Yahoo! Finance]Yahoo! Finance
- Advanced Micro Devices (NASDAQ:AMD) had its "buy" rating reaffirmed by analysts at Roth Mkm.MarketBeat
- AMD stock plummets despite Q4 earnings beat [Yahoo! Finance Canada]Yahoo! Finance Canada
AMD
Earnings
- 2/3/26 - Beat
AMD
Sec Filings
- 2/4/26 - Form 10-K
- 2/3/26 - Form 8-K
- 1/21/26 - Form 4
- AMD's page on the SEC website