AMD jumps 18% pre-market after Q1 beat while Intel hits an all-time high. RSI readings stay overbought as the rally extends.
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AMD jumps 18% pre-market after Q1 beat while Intel hits an all-time high. RSI readings stay overbought as the rally extends.
Atlassian just silenced those who believed artificial intelligence would decimate its business.
This is the first report under new CEO Josh D'Amaro.
Arista Networks (NYSE:ANET) reported stronger-than-expected first-quarter results driven by robust demand for artificial intelligence networking infrastructure, although the company’s shares fell about 9% in premarket trading on Wednesday after investors reacted to a smaller-than-expected increase in full-year guidance. The networking equipment maker posted first-quarter 2026 revenue of $2.
Same-store sales at Burger King rose 5.8% as the company’s viral Whopper improvement lured customers. But its sister chicken concept continued to bleed sales
Fast-food company Restaurant Brands (NYSE:QSR) reported Q1 CY2026 results beating Wall Street’s revenue expectations, with sales up 7.3% year on year to $2.26 billion. Its non-GAAP profit of $0.86 per share was 4% above analysts’ consensus estimates.
Super Micro Computer (NASDAQ:SMCI) jumped more than 19% in premarket trading on Wednesday after the server maker issued a fourth-quarter revenue forecast that exceeded Wall Street expectations, supported by continued strong demand for AI-focused data center infrastructure. By 04:12 ET, shares in the company had rallied sharply following the release of its latest quarterly results and outlook.
Advanced Micro Devices (NASDAQ:AMD) surged roughly 17% in premarket trading on Wednesday after the chipmaker delivered quarterly results and forward guidance that exceeded Wall Street expectations, driven largely by booming demand from the artificial intelligence sector. Investor enthusiasm accelerated after chief executive Lisa Su highlighted strong momentum in AMD’s server and data center operations during the company’s earnings call.
(Bloomberg) -- Hut 8 Corp., a cryptocurrency miner that is shifting to developing artificial intelligence data center capacity, has signed a lease worth at least $9.8 billion over 15 years to provide computing power to a “high-investment-grade company.”Most Read from BloombergUS Has Opened a Passage Through Hormuz, Central Command SaysUS Says Offensive Phase of Iran War Over as Ship Hit in StraitAnthropic Unveils AI Agents to Field Financial Services TasksTrump Pauses Plan to Guide Ships While S
By Niket Nishant and Utkarsh Hathi May 6 (Reuters) - Wall Street futures rose on Wednesday, extending a strong run on hopes of a potential U.S.-Iran peace agreement and unrelenting optimism around
Investing.com -- Advanced Micro Devices received upgrades from both Goldman Sachs and Bernstein after the chipmaker reported stronger-than-expected first-quarter results and provided a robust second-quarter outlook, with analysts pointing to agentic AI as a key driver of the company’s accelerating growth.
The winner of this dividend stock battle may surprise you.
Chip makers helped the Nasdaq hit a record closing high on Tuesday, and strong earnings from Advanced Micro Devices looked set to keep the rally in tech stocks going. Futures tracking the Nasdaq 100 were up 1.
Up more than 50% over the last year, can Cava keep crushing the market?
Total prescriptions for the new Wegovy pill reached around 1.3 million in the first quarter and have exceeded 2 million since it launched.
Rivian shares have lost about a quarter of their value this year.
Infineon Technologies (IFNNY) witnessed a jump in share price last session on above-average trading volume. The latest trend in earnings estimate revisions for the stock suggests that there could be more strength down the road.
U.S. semiconductor stocks rose on Wednesday as Advanced Micro Devices' strong outlook boosted investor confidence about sustained demand for AI infrastructure and that a shift toward CPUs would spur the next leg of spending. AMD jumped nearly 18% in premarket trading and is on track to hit a record high if gains hold in market hours, while rival Intel rose 6%. Chip designer Arm Holdings soared 11%, while Qualcomm gained about 4%.
Amid a lot of exciting news, Intel's stock may have gotten ahead of itself.
The company's revenue for the three months to 31 March 2026 reached $3.17bn.
U. S. stock futures moved higher on Wednesday after President Donald Trump paused a military initiative aimed at reopening the Strait of Hormuz and signalled progress toward a possible peace agreement with Iran.
Investors probably didn't expect Buffett to choose this stock.
Investing.com -- Advanced Micro Devices forecast second-quarter revenue above Wall Street expectations on Tuesday, driven by strong demand for its data center chips. Shares rose 17% in premarket trading on Wednesday.
Western Digital (NASDAQ:WDC) Chief Financial Officer Kris Sennesael said the company is seeing accelerating storage demand tied to artificial intelligence and broader data growth, and is positioning its hard disk drive (HDD) roadmap around higher-capacity products, performance improvements, and deep
INTT, EOG, UVE, LQDA and UMBF have been added to the Zacks Rank #1 (Strong Buy) List on May 6, 2026.
Many investors prefer growth and tech stocks to build their portfolios. Dividend stocks and ETFs might actually be the better risk/reward play.
Shares in Wegovy maker Novo Nordisk surged this morning after it reported strong demand for its new weight-loss pill and upgraded its guidance. The Danish drugmaker said total prescriptions for the Wegovy pill reached around 1.
Recent history provides a compelling answer.
U.S. stocks looked set to extend record highs after Trump walked back an effort to guide commercial ships through the Strait of Hormuz, easing concerns of a near-term escalation in the U.S.-Iran war.
Long-term demand is the most important focus for nVent.