New Street Research Reiterates Sell Rating on AMD (AMD), 'With the console cycle also slowing, expectations are at risk'
- Wall Street stocks fall as weak GDP growth spreads rate-cut gloom
- Q1 US GDP shows surprise slowing and uncomfortable inflation
- Meta shares dip on softer Q2 revenue guidance, elevated AI spending plans
- Oil steadies as US fuel demand concerns face Middle East supply risks
- Dollar sags after US GDP and inflation surprise, except against yen
- IBM tumbles on soft Q1 revenue; announces HashiCorp $6.4bn acquisition
- Hasbro (HAS) brand strength sees earnings top expectations
- Meta Platforms (META) Tops Q1 EPS by 39c, Offers Guidance
- Seagate Technology (STX) Enters $600M Asset Purchase Agreement with Avago
- Rubrik (RBRK) Prices Upsized 23.5M Share IPO at $32/sh
- Midday movers: Meta, IBM, Caterpillar fall; Chipotle rises
- After-hours movers: Meta, Ford, IBM, ServiceNow and more
- Midday movers: Tesla, Boeing rise; Uber, Old Dominion Freight fall
- After-hours movers: Tesla, Texas Instruments, Seagate, Visa and more
- Midday movers: PepsiCo, JetBlue fall; GM, Danaher and UPS rise
Active options: AMD TSLA F AAPL SOFI PYPL AMZN META NVDA HOOD
August 3, 2022 9:44 AM EDTActive options: AMD TSLA F AAPL SOFI PYPL AMZN META NVDA HOOD
... MorePre-Open Movers: Match Sinks on Miss, PayPal Surges on Beat
August 3, 2022 9:18 AM EDTPre-Open Stock Movers:
Ping Identity (NYSE: PING) 60% HIGHER; entered into a definitive agreement to be acquired by Thoma Bravo, a leading software investment firm, for $28.50 per share in an all-cash transaction valued at an Enterprise Value of approximately $2.8 billion.
Match Group (NASDAQ: MTCH) 21% LOWER; reported Q2 EPS of ($0.11), $0.68 worse than the analyst estimate of $0.57. Revenue for the quarter came in at $794.5 million versus the consensus estimate of $804.33 million. Match Group sees Q3 2022 revenue of... More
KGI Securities Upgrades AMD (AMD) to Outperform
August 3, 2022 7:42 AM EDTKGI Securities upgraded AMD (NASDAQ: AMD) from Neutral to Outperform.
For an analyst ratings summary and ratings history on AMD click here. For more ratings news on AMD click here.
Shares of AMD closed at $99.29 yesterday.
... MoreAMD (AMD) PT Lowered to $110 at CFRA
August 3, 2022 7:19 AM EDTCFRA lowered its price target on AMD (NASDAQ: AMD) to $110.00 (from $120.00) while maintaining a Buy rating.... More
AMD (AMD) PT Raised to $95 at Deutsche Bank
August 3, 2022 7:04 AM EDTDeutsche Bank analyst Ross Seymore raised the price target on AMD (NASDAQ: AMD) to $95.00 (from $85.00) while maintaining a Hold rating.... More
AMD (AMD) PT Raised to $105 at Northland Capital Markets
August 3, 2022 6:49 AM EDTNorthland Capital Markets analyst Gus Richard raised the price target on AMD (NASDAQ: AMD) to $105.00 (from $95.00) while maintaining a Outperform rating.... More
AMD (AMD) PT Raised to $120 at BofA Securities
August 3, 2022 6:25 AM EDTBofA Securities analyst Vivek Arya raised the price target on AMD (NASDAQ: AMD) to $120.00 (from $110.00) while maintaining a Buy rating.... More
AMD (AMD) PT Lowered to $130 at Raymond James
August 3, 2022 5:59 AM EDTRaymond James analyst Chris Caso lowered the price target on AMD (NASDAQ: AMD) to $130.00 (from $160.00) while maintaining a Strong Buy rating.... More
AMD Slips on Soft Q3 Outlook, Analysts Bullish on 'Generational Share Gain Opportunity'
August 3, 2022 5:59 AM EDTShares of Advanced Micro Devices (NASDAQ: AMD) are down about 5% in premarket Wednesday after the chipmaker issued a tepid outlook for the current quarter.
AMD reported an adjusted EPS of $1.05, in line with the analyst expectations. Revenue soared 70% to $6.55 billion, a tad higher than the $6.53 billion consensus. AMD also reported... More
AMD (AMD) PT Lowered to $140 at Mizuho Securities
August 3, 2022 4:12 AM EDTMizuho Securities analyst Vijay Rakesh lowered the price target on AMD (NASDAQ: AMD) to $140.00 (from $145.00) while maintaining a Buy rating.... More
AMD (AMD) PT Lowered to $96 at Citi
August 3, 2022 3:22 AM EDTCiti analyst Christopher Danely lowered the price target on AMD (NASDAQ: AMD) to $96.00 (from $110.00) while maintaining a Neutral rating.... More
AMD (AMD) PT Lowered to $120 at JPMorgan
August 3, 2022 3:17 AM EDTJPMorgan analyst Harlan Sur lowered the price target on AMD (NASDAQ: AMD) to $120.00 (from $140.00) while maintaining a Neutral rating.... More
After-Hours Movers: PayPal Surges Following Q2 Beat, Match Melts on Miss
August 2, 2022 6:08 PM EDTAfter-Hours Stock Movers:
Match Group (NASDAQ: MTCH) 22% LOWER; reported Q2 EPS of ($0.11), $0.68 worse than the analyst estimate of $0.57. Revenue for the quarter came in at $794.5 million versus the consensus estimate of $804.33 million. Match Group sees Q3 2022 revenue of $790-800 million, versus the consensus of $885.2 million.
PayPal (NASDAQ: PYPL) 12% HIGHER; reported Q2 EPS of $0.93, $0.06 better than the analyst estimate of $0.87.... More
Advanced Micro Devices Shares Drop 4% Despite Q2 Beat, Provides Guidance
August 2, 2022 4:36 PM EDTAdvanced Micro Devices, Inc. (NASDAQ: AMD) shares dropped more than 4% after-hours despite the companys reported Q2 results, with EPS of $1.05 coming in better than the consensus estimate of $1.03.
Revenue grew 70% year-over-year to $6.6 billion, compared to the consensus estimate of $6.53 billion, driven by growth across all segments and the inclusion of Xilinx... More
AMD posts Q3 sales outlook below Wall St, data center growth remains strong
August 2, 2022 4:24 PM EDTBy Yuvraj Malik and Jane Lanhee Lee
(Reuters) -Advanced Micro Devices Inc on Tuesday forecast third-quarter revenue slightly below Wall Street estimates, a signal of uncertainty that concerned some investors after the company stock made huge gains in July.
AMD continued to show strong growth in the data center business, at the expense of its rival Intel, but the company cut its market forecast for personal computer sales and shares fell more than 5% after hours.
"After the surprisingly challenging quarter that Intel had, a lot of eyes were closely watching to see what AMD did and,... More
Advanced Micro Devices, Inc. (AMD) Tops Q2 EPS by 2c, Offers Guidance
August 2, 2022 4:07 PM EDTAdvanced Micro Devices, Inc. (NASDAQ: AMD) reported Q2 EPS of $1.05, $0.02 better than the analyst estimate of $1.03. Revenue for the quarter came in at $6.6 billion versus the consensus estimate of $6.53 billion.
GUIDANCE:
Advanced Micro Devices, Inc. sees Q3 2022 revenue of... More
AMD (AMD) Climbs 4% Ahead of Results After-the-Bell
August 2, 2022 12:25 PM EDTAMD (NASDAQ: AMD) Climbs 4% Ahead of Results After-the-Bell
Advanced Micro Devices, Inc. (AMD) call put ratio 2.6 calls to 1 put into quarter results and outlook
August 2, 2022 10:24 AM EDTAdvanced Micro Devices, Inc. (NASDAQ: AMD) August weekly call option implied volatility is at 111, August is at 63; compared to its 52-week range of 35 to 73 into the expected release of quarter results today after the bell. Call put ratio 2.6 calls to 1 put.
... MoreAdvanced Micro Devices, Inc. (AMD) August weekly 97 straddle into quarter results
August 2, 2022 6:10 AM EDTAdvanced Micro Devices, Inc. (NASDAQ: AMD) August weekly 97 straddle priced for a move of 9% into the expected release of quarter results after the bell on August 2.
... MoreStocks expected to have increasing option volume: AMD ATVI PINS CAR
August 2, 2022 5:55 AM EDTStocks expected to have increasing option volume: AMD ATVI PINS CAR
... MoreAdvanced Micro Devices, Inc. (AMD) 'Will Fare Much Better' Than Intel - Susquehanna
August 1, 2022 10:53 AM EDTAhead of Advanced Micro Devices' (NASDAQ: AMD) earnings report on Tuesday, August 2, Susquehanna analyst Christopher Rolland stated that despite Intel's challenged print, they believe "AMD will fare much better."
In a note to investors, Rolland said the firm remains bullish on AMD, maintaining a Positive rating on the stock but lowering the price target from $120 to... More
Advanced Micro Devices, Inc. (AMD) call put ratio 3 calls to 1 put as shares rally 3% into quarter results
August 1, 2022 10:18 AM EDTAdvanced Micro Devices, Inc. (NASDAQ: AMD) August weekly call option implied volatility is at 95, August is at 61; compared to its 52-week range of 35 to 73 into the expected release of quarter results after the bell on August 2. Call put ratio 3 calls to 1 put as shares rally 3%.
... MoreUPDATE: AMD (AMD) PT Lowered to $101 at Morgan Stanley, Cuts Estimates into Print, 'we see end-market risk'
August 1, 2022 8:45 AM EDT(Updated - August 1, 2022 8:47 AM EDT)
Morgan Stanley analyst Joseph Moore lowered the price target on AMD (NASDAQ: AMD) to $101.00 (from $103.00) while maintaining a Overweight rating.
The analyst comments "AmD (OW, due to report Tuesday after the close): We are lowering our estimates into the print, as we see end-market risk, mainly in PCs, but the company should fare better than peers. We had hoped that AmD's server... More
AMD (AMD) Climbs Pre-Open, Up 2.5%
August 1, 2022 8:43 AM EDTAMD (NASDAQ: AMD) Climbs Pre-Open, Up 2.5%
Set to report results on Tuesday... More