AMD Shares Slip as Company Narrowly Beats Revenue Forecasts - WSJ

AMD Shares Slip as Company Narrowly Beats Revenue Forecasts  WSJ

AMD forecasts upbeat revenue on strong AI chip demand, but shares fall on lofty expectations  Reuters

Aug 4 : AMD forecast quarterly revenue above Wall Street estimates on Tuesday, banking on strong demand for its chips from massive data-center capacity expansions to power AI technologies.Yet, its shares fell more than 7 per cent in extended trading, suggesting that investors were looking for an even stronger outlook a

Rockwell Automation raised its annual profit forecast on Tuesday, citing steady industrial demand and ongoing cost-saving measures to support growth and margins, after also beating quarterly estimates.

Leading Chinese brokerages have expressed optimism for domestic tech shares traded in August, distinguishing them from the sharp sell-off that has rattled South Korean financial markets. Citic Securities said it believed mainland-traded shares – also known as A shares – had only undergone a correction after investors p

Revenue surged 93% year over year as U.S. commercial sales climbed 149%, prompting Palantir to lift its full-year outlook above Wall Street expectations.