AMD falls 8% after Barclays downgrades stock, warns about PC, gaming markets

AMD falls 8% after Barclays downgrades stock, warns about PC, gaming markets



The road ahead for AMD may be a rocky one as some of the company’s key markets could see slowdowns, according to Barclays.



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Robinhood reports second-quarter earnings beat with revenue climbing 45% over last year
Technology

Robinhood reports second-quarter earnings beat with revenue climbing 45% over last year

The logo of Robinhood Markets is seen at a pop-up event on Wall Street after the company’s initial public offering in New York City on July 29, 2021. Andrew Kelly | Reuters Robinhood beat Wall Street expectations for the second quarter Wednesday. Here is how Robinhood’s results compared to Wall Street estimates, according to analysts […]

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Superhot geothermal energy could unearth big power boost for the AI era
Technology

Superhot geothermal energy could unearth big power boost for the AI era

Geothermal energy has been used for thousands of years, powering heating systems as early as the 14th century. It’s getting a big upgrade. Beyond geothermal, there’s superhot geothermal, which uses ultra-deep drilling to access extremely hot rocks, extracting 5 to 10 times more power per well. Quaise Energy, a  Massachusetts-based startup, is in the market […]

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Meta slated to reported second-quarter earnings after the bell
Technology

Meta slated to reported second-quarter earnings after the bell

Mark Zuckerberg, CEO of Meta Platforms. David Paul Morris | Bloomberg | Getty Images Meta is set to report its second-quarter earnings on Wednesday, with analysts eyeing any changes to the company’s costs and related guidance amid CEO Mark Zuckerberg’s recent artificial intelligence hiring blitz. Here’s what analysts polled by LSEG are expecting: Earnings per […]

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