Wall Street loses ground 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 fell 0.8%, coming off its fourth drop in the last five days. The Dow Jones Industrial Average rose 49 points, or 0.1%, as of 2:16 p.m. Eastern time, and the Nasdaq composite fell 1.9%. 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 17.2% 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 the future to co
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AMD
News
- More drops for technology stocks weigh on Wall Street [Globe and Mail, The (Toronto, Canada)]Globe and Mail, The
- How major US stock indexes fared Wednesday, 2/4/2026 [Yahoo! Finance]Yahoo! Finance
- AMD: Why I'm Slapping A Strong Sell On This Market Darling (Rating Downgrade) [Seeking Alpha]Seeking Alpha
- Why AMD Stock Rose Today [Yahoo! Finance]Yahoo! Finance
- Rotation out of Tech Stocks Weighs on the Broader Market [Yahoo! Finance]Yahoo! Finance
AMD
Earnings
- 2/3/26 - Beat
AMD
Sec Filings
- 2/4/26 - Form 10-K/A
- 2/4/26 - Form 10-K
- 2/3/26 - Form 8-K
- AMD's page on the SEC website