Previous close | 0.0100 |
Open | 0.0100 |
Bid | 0.0000 |
Ask | 0.0000 |
Strike | 90.00 |
Expiry date | 2024-04-26 |
Day's range | 0.0100 - 0.0100 |
Contract range | N/A |
Volume | |
Open interest | 507 |
Chip giant AMD (AMD) reported its first quarter earnings on Tuesday beating analysts' expectations on the top and bottom lines, but lighter-than-anticipated guidance for the next quarter sent the stock lower.
Many companies will release their latest quarterly earnings, including Amazon (AMZN), AMD (AMD), 3M (MMM), Starbucks (SBUX), Coca-Cola (KO), Stellantis (STLA), Super Micro (SMCI), Pinterest (PINS) and more. April's Consumer Confidence data will be released. Current estimates hover at 103.5, lower than March's 104.7. For more expert insight and the latest market action, click here to watch this full episode of Market Domination Overtime. This post was written by Nicholas Jacobino
Advanced Micro Devices beat first-quarter revenue estimates by a small margin on Tuesday as tepid demand for semiconductors used in traditional data centers added to weakness in the market for gaming chips. Enterprises rushing to adopt generative AI have prioritized spending on AI server chips, hitting demand for traditional server semiconductors, which constitute a large portion of AMD's revenue.