Form 8-K ADVANCED MICRO DEVICES For: May 06
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- Wall Street ends lower on semiconductor selloff as AI spending concerns mount
- Alphabet added to Dow Jones Industrial Average, Verizon dropped
- Chip stocks plunge, but bargain-hunters limit scale of tech rout
- FedEx falls 4% as CY2026 profit forecast misses expectations despite Q4 beat
- Oil prices finish 1% lower as investors focus on Hormuz flows after peace talks
- NextEra to discuss paying about $76 per share for Dominion, Bloomberg News reports
- Needham Starts NeoVolta (NEOV) at Buy
- Wall Street ends lower on semiconductor selloff as AI spending concerns mount
- Campbell Soup (CPB) Declares $0.39 Quarterly Dividend; 7.7% Yield
- China, US, UAE police arrest 276 telecom fraud suspects in Dubai
KeyBanc Reiterates Sector Weight Rating on AMD (AMD)
May 7, 2025 5:29 AM EDTKeyBanc analyst John Vinh reiterated a Sector Weight rating on AMD (NASDAQ: AMD)
The analyst comments "AMD posted strong 1Q results and 2Q guidance, which both exceeded expectations. Despite concerns regarding the China AI chip ban, which is expected to... More
AMD (AMD) PT Lowered to $100 at Jefferies, 'We remain on the sidelines as there is really no upside without an AI story'
May 7, 2025 5:09 AM EDTJefferies analyst Blayne Curtis lowered the price target on AMD (NASDAQ: AMD) to $100.00 (from $120.00) while maintaining a Hold rating.
The analyst comments "Overall estimates move higher and that is likely viewed as a temporary positive vs low expectations, but AI... More
