Advanced Micro Devices Inc
Software stocks struggle, Google’s AI spending, layoffs surge and more in Morning Squawk
This is CNBC’s Morning Squawk newsletter. Subscribe here to receive future editions in your inbox. Happy Thursday. Taco Bell’s parent company reported strong same-store sales growth for the chain yesterday, which makes me wonder how much my Crunchwrap Supreme orders contributed. Stock futures are falling this morning. The S&P 500 saw another losing session yesterday. Here are […]
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CNBC Daily Open: Alphabet could more than double its capex in 2026, unsettling investors
A pedestrian walks by a sign at Google headquarters on Feb. 4, 2026 in Mountain View, California. Justin Sullivan | Getty Images Alphabet’s fourth-quarter earnings and revenue beat Wall Street expectations. Its cloud unit dazzled, notching a nearly 48% increase in revenue from a year earlier. The tech giant expects capital expenditure for 2026 to […]
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Asia markets mostly fall, tracking Wall Street losses as tech sell-off continues
Lisa Su, chair and chief executive officer of Advanced Micro Devices Inc., displays an AMD Instinct MI455X GPU during the 2026 CES event in Las Vegas, Jan. 5, 2026. Bloomberg | Bloomberg | Getty Images Asia-Pacific markets mostly fell Thursday as the tech sell-off on Wall Street gained momentum, with cryptocurrencies also falling. Notably, Advanced […]
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CNBC Daily Open: Alphabet capex plans spook investors, while AMD has a brutal day in markets
Signage outside the Google headquarters in Mountain View, California, US, on Tuesday, Feb. 3, 2026. David Paul Morris | Bloomberg | Getty Images Alphabet’s fourth-quarter earnings and revenue beat Wall Street expectations. Its cloud unit dazzled, notching a nearly 48% increase in revenue from a year earlier. The tech giant expects capital expenditure for 2026 […]
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Jim Cramer says the tech sell-off proves why this old investing rule still matters
The action on Wall Street this week is a reminder of the importance of portfolio diversification, CNBC’s Jim Cramer said Wednesday, as tech-only portfolios have been getting beaten down during the bout of volatility. “Tech’s a good part of the market, it’s just that many of these stocks suddenly aren’t worth as much as we […]
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Jim Cramer says the software sell-off creates opportunities in stocks outside of tech
Every weekday the CNBC Investing Club with Jim Cramer holds a “Morning Meeting” livestream at 10:20 a.m. ET. Here’s a recap of Wednesday’s key moments. 1. Stocks were attempting to shake off continued fears that AI disruption could undermine traditional enterprise software companies. Some of the high-multiple names hit hardest in recent sessions, including Club […]
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AMD’s Lisa Su addresses guidance concerns, says demand still accelerating for advanced chips
Advanced Micro Devices CEO Lisa Su defended the company’s lackluster forecast, telling CNBC on Wednesday that the chipmaker has seen a step up in demand over the last two to three months. Shares tanked 13% Wednesday. “What I would tell you from someone on the inside is AI is accelerating at a pace that I […]
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Wall Street is concerned about AMD’s profitability despite its high spending. Here’s a roundup of worries
Analysts across Wall Street remained largely neutral on Advanced Micro Devices despite its latest earnings beat , citing brewing concerns around the chipmaker’s overall profitability. In its fourth quarter, AMD reported earnings of $1.53 per share, exceeding the $1.32 analysts polled by LSEG had penciled in. The firm’s $10.27 billion revenue also came in above […]
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Stocks making the biggest moves premarket: AMD, Uber, Eli Lilly, Super Micro, Chipotle, Enphase and more
Check out the companies making headlines before the bell. Super Micro Computer — Shares jumped 10% as strong demand for Super Micro’s AI-optimized servers helped fiscal second-quarter results top expectations and prompted the company to raise its annual revenue forecast. Super Micro earned 69 cents per share on an adjusted basis, soundly outpacing the second-quarter […]
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AMD is down 9% after reporting earnings. Here’s why
Chipmaker Advanced Micro Devices (AMD) dropped 9% in early market premarket trading on Wednesday after its first-quarter forecast fell short of some analyst expectations. AMD reported revenue of $10.27 billion for the fourth quarter that topped LSEG consensus estimates of $9.67 billion on Tuesday. The company said it expects $9.8 billion in revenue for the […]
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