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2.43303082649836E-05 0.000170312157855023 -2.43303082651219E-05 0.000535266781830054 0.000218972774384991 0.00026033429843549 0.00160434052699435 0.000412398725091776
Stock impact report

1 Artificial Intelligence (AI) Stock Down 29% to Buy Right Now Before It Soars 78% [Yahoo! Finance]

Microsoft Corporation (MSFT) 
Last microsoft corporation earnings: 4/29 04:06 pm Check Earnings Report
US:NASDAQ Investor Relations: microsoft.com/en-us/investor
Company Research Source: Yahoo! Finance
Shares of the chipmaker are down 29% since the beginning of March, when they were trading at a 52-week high, and the company's latest results aren't going to help arrest the slide. AMD released first-quarter 2024 results on April 30, and investors pressed the panic button. Let's see why that was the case. Results were not strong enough to justify AMD's expensive valuation AMD reported Q1 revenue of $5.47 billion, an increase of just 2% from the year-ago period. The company's non- GAAP earnings also increased at a tepid pace of just 3% year over year to $0.62 per share during the quarter. Analysts were looking for $0.62 per share in earnings on $5.48 billion in revenue, which means AMD barely met the bottom-line estimate and failed to satisfy the revenue expectation. The guidance didn't inspire much confidence either. AMD expects second-quarter revenue to land at $5.7 billion, which would be a year-over-year increase of just 6%. Though the Q2 revenue forecast points toward a sl Show less Read more
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