- Investor's Business Daily
Dow Jones Futures: Stock Market Skids Into Fed; Amazon Rises Late As AMD, Super Micro Plunge
The market rally stumbled ahead of the Fed meeting. Amazon and AI plays Super Micro and AMD reported earnings late.
- Reuters
UPDATE 1-Chipmaker AMD narrowly beats first-quarter revenue estimates
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.
- Investor's Business Daily
Breakout Watch: Nvidia, Broadcom Lead Top Stocks Setting Up
Featuring Nvidia, Broadcom, ARM and more, this stock screener highlights top-rated stocks to buy and watch right now.
