New Street Research Maintains AMD (AMD) Neutral, 'Inventory correction continues' (correction)

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Advanced Micro Devices (AMD) a victim of its own success - Craig-Hallum

February 1, 2023 10:22 AM EST

Advanced Micro Devices, Inc. (NASDAQ: AMD) was downgraded to Hold from Buy with a price target of $76 per share at Craig-Hallum on Wednesday.

Analyst Christian Schwab said AMD's growth is slowing following multiple years of strong execution and market share gains.... More

AMD (AMD) PT Raised to $70 at Deutsche Bank

February 1, 2023 10:09 AM EST

Deutsche Bank analyst Ross Seymore raised the price target on AMD (NASDAQ: AMD) to $70.00 (from $68.00) while maintaining a Hold rating.... More

Active options: AMD TSLA SNAP NVDA AAPL AMZN META AMC PTON

February 1, 2023 9:57 AM EST

Active options: AMD TSLA SNAP NVDA AAPL AMZN META AMC PTON

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Snap, EA tumble in premarket; Meta, T-Mobile fall, AMD rises

February 1, 2023 9:27 AM EST

By Geoffrey Smith

Investing.com -- Stocks in focus in premarket trading on Wednesday, 1st February. Please refresh for updates.

Snap (NYSE: SNAP) stock fell 13.1% after the Snapchat owner said it expects revenue to fall in the current quarter, its first ever decline, due to a weak environment for advertising. The companys warning also dragged Pinterest (NYSE: PINS)... More

AMD (AMD) PT Raised to $76 at Citi

February 1, 2023 8:06 AM EST

Citi analyst Christopher Danely raised the price target on AMD (NASDAQ: AMD) to $76.00 (from $65.00) while maintaining a Neutral rating.... More

AMD (AMD) PT Raised to $68 at Northland Capital Markets

February 1, 2023 7:53 AM EST

Northland Capital Markets analyst Gus Richard raised the price target on AMD (NASDAQ: AMD) to $68.00 (from $60.00) while maintaining a Market Perform rating.... More

AMD (AMD) PT Lowered to $90 at Mizuho Securities

February 1, 2023 7:21 AM EST

Mizuho Securities analyst Vijay Rakesh lowered the price target on AMD (NASDAQ: AMD) to $90.00 (from $95.00) while maintaining a Buy rating.... More

Craig-Hallum Downgrades AMD (AMD) to Hold

February 1, 2023 7:18 AM EST

Craig-Hallum analyst Christian Schwab downgraded AMD (NASDAQ: AMD) from Buy to Hold.


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 $75.15 yesterday.

... More

5 big earnings reports: Snap stock battered on sales warning

February 1, 2023 6:55 AM EST

By Davit Kirakosyan


Investing.com -- Snap shares dropped some 15% premarket today after it warned of a first-quarter revenue drop. Here are 5 of the biggest recent earnings reports, all covered in real time on InvestingPro.


Snap beats Q4 estimates but expects revenue to fall

Snap (NYSE: SNAP) said Q4 EPS was $0.14, better than the... More

AMD (AMD) PT Raised to $90 at CFRA

February 1, 2023 6:28 AM EST

CFRA raised its price target on AMD (NASDAQ: AMD) to $90.00 (from $85.00) while maintaining a Buy rating.... More

AMD (AMD) PT Raised to $93 at Benchmark

February 1, 2023 6:27 AM EST

(Updated - February 1, 2023 6:28 AM EST)

Benchmark analyst Cody Acree raised the price target on AMD (NASDAQ: AMD) to $93.00 (from $85.00) while maintaining a Buy rating.

The analyst comments "AMD posted relatively in-line December quarter results with revenue of $5.6 billion, $100 million ahead of the mid-point of the companys guidance range and the Streets consensus of $5.5 billion. The... More

AMD (AMD) PT Raised to $90 at Barclays

February 1, 2023 6:06 AM EST

Barclays analyst Blayne Curtis raised the price target on AMD (NASDAQ: AMD) to $90.00 (from $85.00) while maintaining a Overweight rating.... More

AMD (AMD) PT Raised to $96 at Credit Suisse

February 1, 2023 6:00 AM EST

Credit Suisse analyst Chris Caso raised the price target on AMD (NASDAQ: AMD) to $96.00 (from $90.00) while maintaining a Outperform rating.... More

Stocks expected to have increasing option volume: AMD F EA SNAP TMO TMUS BSX WM

February 1, 2023 4:45 AM EST

Stocks expected to have increasing option volume: AMD F EA SNAP TMO TMUS BSX WM

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AMD (AMD) PT Raised to $95 at KeyBanc

February 1, 2023 3:37 AM EST

KeyBanc analyst Justin Vinh raised the price target on AMD (NASDAQ: AMD) to $95.00 (from $80.00) while maintaining a Overweight rating.... More

AMD (AMD) PT Raised to $82 at JPMorgan

February 1, 2023 3:27 AM EST

JPMorgan analyst Harlan Sur raised the price target on AMD (NASDAQ: AMD) to $82.00 (from $70.00) while maintaining a Neutral rating.... More

AMD (AMD) PT Raised to $87 at Morgan Stanley

January 31, 2023 10:23 PM EST

Morgan Stanley analyst Joseph Moore raised the price target on AMD (NASDAQ: AMD) to $87.00 (from $77.00) while maintaining a Overweight rating.... More

After-hours movers: Snap and Match sinks on weak outlooks, AMD gains on EPS

January 31, 2023 5:24 PM EST

After-Hours Stock Movers:

Snap (NYSE: SNAP) 13% LOWER; reported Q4 EPS of $0.14, $0.03 better than the analyst estimate of $0.11. Revenue for the quarter came in at $1.3 billion versus the consensus estimate of $1.3 billion. For Q1/23, the company expects DAUs in the range of 382-384 million. On the monetization side, the company anticipates that the operating environment will remain challenging, as it expects the headwinds faced over the past year to persist throughout Q1.

Match Group (NASDAQ: MTCH)... More

AMD shares rise after Q4 report that beat expectations for revenue, EPS

January 31, 2023 5:12 PM EST

(Updated - February 1, 2023 5:31 AM EST)

Advanced Micro Devices (NASDAQ: AMD) opened higher in premarket trading on Wednesday after its fourth-quarter report encouraged hopes that the worst may be over for the chipmaker.

As expected, weakness in the PC and gaming chip sectors, combined with a higher bill for R&D spending, drove the company to an operating loss of $149 million, left revenue broadly flat from the previous quarter at $5.60 billion and cut earnings per share to only 1c.

However, earnings adjusted for one-off items - chiefly the amortization of... More

AMD revenue beats targets, Wall St relieved after Intel's grim outlook

January 31, 2023 4:19 PM EST

By Chavi Mehta and Jane Lanhee Lee

(Reuters) -U.S. chip maker Advanced Micro Devices Inc on Tuesday posted revenue that beat Wall Street targets and said it expected business to improve in the second half, enthusing investors who saw the company gaining on rival Intel.

Shares rose about 1.5% in after hours trading. Although AMD's forecast was behind expectations, it was not as weak as some worried. Recent earnings reports for both Intel and AMD show the once fast growing data center business will be more challenging for all chip makers as companies adjust their spending.

... More

Advanced Micro Devices, Inc. (AMD) Tops Q4 EPS by 2c, Offers Guidance

January 31, 2023 4:16 PM EST

Advanced Micro Devices, Inc. (NASDAQ: AMD) reported Q4 EPS of $0.69, $0.02 better than the analyst estimate of $0.67. Revenue for the quarter came in at $5.6 billion versus the consensus estimate of $5.52 billion.

GUIDANCE:

Advanced Micro Devices, Inc. sees Q1 2023 revenue of... More

Midday movers: General Motors, McDonald's, Pfizer and more

January 31, 2023 1:43 PM EST

By Liz Moyer


Investing.com -- Stocks were moving higher as tech stocks led the gains, aiming to close out January on a high note. Here are the midday movers for Jan. 31.



General Motors Company (NYSE:... More

Advanced Micro Devices, Inc. (AMD) February weekly option implied volatility

January 31, 2023 10:50 AM EST

Advanced Micro Devices, Inc. (NASDAQ: AMD) February weekly call option implied volatility is at 110, February is at 65; compared to its 52-week range of 44 to 73 into the expected release of quarter results today after the bell.

... More

Advanced Micro Devices, Inc. (AMD) February weekly 73 straddle priced into quarter results

January 31, 2023 4:54 AM EST

Advanced Micro Devices, Inc. (NASDAQ: AMD) February weekly 73 straddle priced for a move of 8.5% into the expected release of quarter results after the bell on January 31.

... More

Stocks expected to have increasing option volume: AMD GM F TSLA NXPI SPOT

January 31, 2023 4:26 AM EST

Stocks expected to have increasing option volume: AMD GM F TSLA NXPI SPOT

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Samsung to keep up chip investment, undeterred by 8-year-low profit

January 30, 2023 6:59 PM EST

By Joyce Lee and Heekyong Yang

SEOUL (Reuters) - South Korea's Samsung Electronics Co Ltd on Tuesday indicated it has no plan to cut investment in chips this year, even as a weak global economy condemns the industry to its worst downturn in over a decade.

The guidance bucks a broader industry trend to scale back spending and output, fanning concern that the world's biggest memory chipmaker intends to draw on its deep pockets and superior profit margins to gain market share from smaller peers.

"Samsung might be seeing this time as a good opportunity to... More

S&P 500 falls ahead of Fed meeting, big tech earnings

January 30, 2023 3:45 PM EST

By Yasin Ebrahim


Investing.com -- The S&P 500 fell Monday as investors were wary of making bullish bets on stocks ahead of the Federal Reserve decision and further quarterly earnings from big tech this week.


The S&P 500 fell 1.1%, the Dow Jones Industrial Average slipped 0.64%, or 216 points, and the Nasdaq Composite was down 1.7%.


The Federal Reserve kicks off its two-day meeting on Tuesday, but with the prospect of a downshift to a 25-basis-point rate hike almost priced-in for Wednesday, investors are expecting Fed chairman Jerome Powell to signal more hikes ahead and... More

Biden Team Weighs Fully Cutting Off Huawei From Us Suppliers - Bloomberg

January 30, 2023 3:30 PM EST

Biden Team Weighs Fully Cutting Off Huawei From Us Suppliers - Bloomberg

... More

Midday movers: Ford Motor, AMC Entertainment, Advanced Micro Devices and more

January 30, 2023 2:34 PM EST

By Liz Moyer


Investing.com -- Stocks were falling on Monday as investors awaited the Federal Reserve's decision on interest rates and its outlook for future meetings. Here are the midday movers for Jan. 30.



Ford Motor Company (NYSE:... More

Advanced Micro Devices, Inc. (AMD) February weekly option implied volatility into quarter results

January 30, 2023 11:09 AM EST

Advanced Micro Devices, Inc. (NASDAQ: AMD) February weekly call option implied volatility is at 100, February is at 62; compared to its 52-week range of 44 to 73 into the expected release of quarter results after the bell on January 31.

... More

Dow Jones, Nasdaq, S&P 500 weekly preview: Why analysts expect stocks to rotate lower

January 30, 2023 7:13 AM EST

U.S. futures are moving lower in pre-market Monday as investors brace for another busy week. The Federal Reserve meeting is the key event and the biggest catalyst for stocks this week, in addition to the continuation of the earnings season.

S&P 500 gained 2.5% last week to finally close above the descending trend line that connects previous lower highs. However, the rally stopped at another important resistance - 4100 - which is likely to cap any near-term gains, until at least the Fed takes the central stage on Wednesday.

Nasdaq Composite Index (IXIC) closed over 4.3% higher last... More