AMD fails to reach expectations

Note: This section contains information in English only.
Source: Dukascopy Bank SA


Advanced Micro Devices has reported lower than expected revenues and earnings per share. The news have caused a major sell off of all chip company stocks.

The company has reported a revenue of $5.4 billion, which is below the market consensus forecast of $5.73 billion. The failure to gain expected revenues for some reason has overshadowed the fact that the company has increased its AI processor projections from $2 billion up to $3.5 billion.

The stock price of the company has dropped 4.20% at the start of Wednesday's trading.
Back to articles

Actual Topics

Thu, 01 Feb 2024 16:04:08 GMT

BNP Paribas fails to reach target

The French bank BNP Paribas has reported a decline in quarterly income and moved its targets further down into the future. Moreover, the bank has reported declines in revenue in all of its businesses, compared to late 2022. The news caused a 8.00% drop of the bank's share price.

Mon, 29 Jan 2024 17:35:39 GMT

Bayer looses major court case

The stock price of the German agriculture company Bayer have plummeted nearly 6.00%, as a court order is forcing the company to pay out $2.25 billion in damages to a man from Pennsylvania. The winner of the case had developed cancer due to the company's weed killer Roundup. In 2020, the company settled most cases that were associated with Roundup

Subscribe to "Fundamental Analysis" feed

Subscribe
Pre viac informácií o Dukascopy Bank CFD / Forex obchodných platformách a ostatných záležitostiach
nás prosím kontaktujte alebo požiadajte o hovor od nás.
For further information regarding potential cooperation,
please call us or make callback request.
To learn more about Dukascopy Bank Binary Options / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
Pre viac informácií o Dukascopy Bank CFD / Forex obchodných platformách a ostatných záležitostiach
nás prosím kontaktujte alebo požiadajte o hovor od nás.
To learn more about Crypto Trading / CFD / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
To learn more about Business Introducer and other trading related information,
please call us or make callback request.
For further information regarding potential cooperation,
please call us or make callback request.