AMD reports Q1 revenue growth of 38% year-over-year, led by a 57% jump in data center sales to $5.8 billion. Advanced Micro Devices posted first-quarter revenue of $10.3 billion, up 38% year-over-year, driven by strong demand for its EPYC server processors and Instinct AI
Brent crude surges past $90 and European gas hits €60.00, pressuring bonds as investors brace for key tech earnings this week. Brent crude climbed above $90 a barrel for the first time in over a month as escalating Gulf conflict disrupted shipping in the Strait of Hormuz.
Netflix shares dropped 7.3% after Q2 earnings missed revenue estimates, extending year-to-date losses to over 26%. Netflix (NASDAQ: NFLX) stock declined 7.3% on July 17 following its second-quarter earnings report, which showed revenue slightly below analysts' expectations
SpaceX stock falls 45% from its $225.64 high after a $2 trillion IPO, trading below its $150 opening price. SpaceX (NASDAQ: SPCX) shares closed at $123.99 on Friday, down 45% from their post-IPO high of $225.64. The decline erases all gains since the company’s June 12 debu
Micron shares fell to $848 after reports of slowing AI software spending raised concerns over future chip demand. Micron Technology (NASDAQ: MU) stock declined 30% from its recent high of $1,213 to close at $848 on July 17. The drop follows reports that some businesses are
Markets expect the Fed to pause rates in July but assign a 60.7% chance of a September hike amid oil price spikes and inflation concerns. US stock futures edged higher in early trading Monday, with Dow Jones futures up 0.14% at 52,450, as investors awaited the Federal Rese
Ryanair reports Q1 after-tax profit of €538M, down from €820M a year earlier, citing rising jet fuel prices and fare pressure. Ryanair posted a first-quarter after-tax profit of €538M ($615.9M), a 34% decline from €820M ($938.7M) in the same period last year. The drop refl
Thule Group reports Q2 revenue of SEK 3.42B and adjusted operating income of SEK 779M, with strong margin performance. Thule Group posted Q2 GAAP earnings per share of SEK 4.98 on revenue of SEK 3.42 billion, up 0.6 percent year-over-year. The company’s gross margin reache
The Swiss building automation firm reports first-half earnings growth driven by strong demand and margin expansion. Belimo Holding AG posted a 20.5% year-over-year increase in first-half revenue to CHF 676.4 million, supported by broad-based demand across its markets. GAAP
Europe’s largest airline reports modest revenue growth and steady traffic expansion but delays FY27 guidance amid visibility concerns. Ryanair posted Q1 revenue of €4.38 billion, up 0.9% year-over-year, as passenger traffic increased 6% to 61.3 million. GAAP earnings per s
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