AMD stock jumps 8% on earnings as data center revenue nearly doubles
44stories
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Key points
AMD stock jumps 8% on earnings as data center revenue nearly doubles
Advanced Micro Devices rose
Palantir sinks after earnings as analysts point to slowdown in total contract value
Dow Jones Industrial Average falls on Apple's margin forecast
Big Oil Puts Debt Reduction Ahead of New Investments
KEY POINTS
What moved markets
01Neutral
AMD stock jumps 8% on earnings as data center revenue nearly doubles
Earnings are the main theme this morning, with chipmakers and software names moving in opposite directions. Advanced Micro Devices jumped after its quarterly results, while Palantir fell as investors weighed its contract trends. Apple's margin outlook also pulled the Dow lower, even as chip gains lifted other indexes.
02Neutral
Advanced Micro Devices rose
Advanced Micro Devices rose eight percent after reporting better than expected third quarter results. The company was helped by strong sales of chips used in data centers, where revenue nearly doubled. Management also said operating expenses are expected to grow more slowly than revenue through 2027.
03Neutral
Palantir sinks after earnings as analysts point to slowdown in total contract value
Palantir moved the other way after its earnings failed to impress. Analysts pointed to a slowdown in total contract value as a concern. The software company's shares sank following the report.
04Neutral
Dow Jones Industrial Average falls on Apple's margin forecast
On the broader market, the Dow Jones Industrial Average gave back all of Monday's gain and moved lower. The drop came after Apple's margin forecast disappointed. Meanwhile, gains in chip stocks lifted the Nasdaq Composite and the S&P 500 after three losing sessions.
05Neutral
Big Oil Puts Debt Reduction Ahead of New Investments
In energy, the world's largest oil and gas companies posted another strong quarter. Europe's top six majors booked a collective thirty eight billion dollars for the July to September period. Even so, these companies are putting debt reduction ahead of new investments. Separately, industry data estimated that United States crude inventories fell by more than five million barrels last week.
Wall Street killed Bitcoin’s wild rallies: 10x’s Markus Thielen
In crypto, one strategist sees Bitcoin reaching ninety thousand dollars by year end, while questioning demand from institutional exchange traded funds. Elsewhere, Ferrari raised its 2026 guidance after third quarter revenue and adjusted earnings per share edged past expectations. New Zealand's third quarter unemployment rate came in at five point seven percent, above expectations.
MOST MENTIONED
Markets in the news
How many stories mention each market, and how many read bullish or bearish.
AMD stock jumps 8% on earnings as data center revenue nearly doubles
AMD stock jumps 8% on earnings as data center revenue nearly doubles. AMD reported better-than-expected third-quarter results, driven by booming sales of AI chips.
NeutralCNBC
Palantir sinks after earnings as analysts point to slowdown in total contract value
The software giant's stock fell after earnings failed to impress investors.
NeutralBitcoin Magazine
TD Cowen: Democratic Congress Would Sink CLARITY Act for Two Years
TD Cowen’s Jaret Seiberg says a Democratic sweep of Congress would kill the CLARITY Act for two years, hand Elizabeth Warren the Banking Committee and let Democrats block Trump’s picks for the SEC and CFTC. This post TD…
NeutralCointelegraph
Wall Street killed Bitcoin’s wild rallies: 10x’s Markus Thielen
Markus Thielen sees Bitcoin reaching $90,000 by year-end, questions institutional ETF demand and says Ethereum must do more for holders.
investingLive Asia-Pacific market news: RBA hikes to 18-year high
Apple and Palantir beat earnings. Why did both stocks fall? More: RBA lifts cash rate to 4.85% in split 6-3 vote, sees inflation above 3% until late 2027. Reserve Bank of Australia (RBA) 25bp rate hike, as widely…
Macro & Markets: 10 selected of 27
NeutralOilPrice.com
Big Oil Puts Debt Reduction Ahead of New Investments
Big Oil Puts Debt Reduction Ahead of New Investments. The world’s biggest oil and gas companies have posted another strong quarter, with just Europe’s top six majors booking a collective $38 billion for the.
NeutralOilPrice.com
US Crude Oil Inventories Still in Freefall
The American Petroleum Institute (API) estimated that crude oil inventories in the United States fell by 5.267 million barrels in the week ending October 30. In the week prior, US crude oil inventories fell by a…
NeutralFXStreet
Banxico survey sees 6.50% rates through 2027, Peso near 18.40
On Tuesday, the Bank of Mexico released its October private economists survey in which most analysts revised their inflation expectations upward and see the USD/MXN exchange rate finishing the year near the…
The miss on every major measure is likely to weigh on the New Zealand dollar and trim pricing for a December rate hike. The kiwi was already near a cycle low against the Australian dollar after last week’s RBNZ hold…
NeutralFXStreet
Dow Jones Industrial Average falls on Apple's margin forecast
Gains in chip stocks have lifted the Nasdaq Composite and S&P 500 on Tuesday after three losing sessions, while the Dow Jones Industrial Average is moving the other way. It has given back all of Monday's gain and is…
NeutralOilPrice.com
Why Supplying Europe With LNG Has a Best-Before Date
Canada’s proposed associate membership with the European Union is a first-of-its-kind political and economic partnership announced by Prime Minister Mark Carney and EU leaders during the October 2026 Canada-EU Summit in…
NeutralCointelegraph
CFTC clears stock perpetual futures for trading on US exchanges
US regulators are opening the door to stock-based perpetual futures, extending a popular crypto trading product into traditional markets amid ongoing legal disputes.
NeutralCNBC
Crude oil prices fall for second day as market hopes for diplomatic resolution to Iran war
The rebound in oil prices come a day after the U.S. and Iranian presidents signalled they are open to a diplomatic solution to Iran war.
NeutralFXStreet
Forex Today: Midterms and jobs data come to the fore
The US Dollar (USD) has navigated a vacillating range on Tuesday, broadly in line with the rest of the FX galaxy, in a context of steady caution ahead of the US Midterm elections, upcoming key US data releases and…
NeutralOilPrice.com
Iran War Triples Logistics Costs for Oil Services Firms
Oilfield services companies are paying as much as three times their usual logistics costs in the Middle East, with fuel expenses doubling and labor costs climbing by as much as 40%, as the Iran war continues to disrupt…
Stocks & Earnings: 10 selected of 22
NeutralCrypto Briefing
AMD expects 2027 operating expenses to grow slower than revenue
AMD expects 2027 operating expenses to grow slower than revenue. AMD's strategic focus on data center growth and efficient spending could enhance its competitive edge and profitability in the AI market.
NeutralDecrypt
Tether Holds 150,000 Bitcoin, CEO Says—About 50,000 More Than Its Reserve Report Shows
Paolo Ardoino told the Plan ₿ Forum in Lugano the company owns “give or take 150,000 Bitcoin,” but its Q3 reserve report implies just 100,060.
Apple stock sinks as global memory crisis hurts profits, giving Ternus his first big test
In John Ternus' first earnings report as CEO, Apple issued a gross margin forecast that disappointed Wall Street.
NeutralCrypto Briefing
AMD expects data center to top 80% of revenue by 2027
AMD's shift to data centers signals a strategic pivot, intensifying competition with Nvidia and Intel in the lucrative server CPU market.
NeutralCrypto Briefing
AMD says EPYC Venice draws its strongest early demand yet, with 240-plus platforms committed
AMD's EPYC Venice success highlights the growing demand for advanced CPUs in AI and data centers, potentially reshaping the server market.
NeutralOilPrice.com
Africa Launches $5 Billion Energy Bank as Western Lenders Retreat
Africa needs $200 billion in annual energy investment, according to the Independent Petroleum Producers Group (IPPG). Around 600 million people across Africa lack access to electricity, a problem that could quickly…
NeutralDecrypt
CrowdStrike Launches AI Agent 'Kill Switch,' Plans to Acquire Fiddler AI
CrowdStrike's new kill switch lets security teams cut off unauthorized AI agents through a gateway, while its planned Fiddler acquisition aims to make autonomous software easier to monitor and audit.
NeutralCNBC
Ferrari raises 2026 guidance after Q3 earnings beat
Ferrari raised its 2026 guidance Tuesday after third-quarter revenue and adjusted earnings per share edged past Wall Street expectations.
NeutralBBC News
UK and EU agree draft deal to scrap Brexit red tape over food exports
The food deal, ahead of a UK-EU summit later this month, is the most significant part of the so-called Brexit reset agreed so far.
NeutralCNBC
AMD has been crushed into earnings. Here’s one way to trade it
AMD has been crushed into earnings. Here’s one way to trade it
NeutralOilPrice.com
Drax Unveils £20 Billion AI Data Centre Plans at UK Biomass Plant
Drax Unveils £20 Billion AI Data Centre Plans at UK Biomass Plant. Energy company Drax has unveiled plans to build a new data centre at the site of its North Yorkshire power plant, which uses wood as fuel.
NeutralBBC News
Keeping mortgage interest relief approved
Homeowners can get tax relief of £3,500 on the money spent on the interstate of a mortgage.
NeutralThe Guardian
Guaranteed pension income ‘resurrected’ for 17m private sector workers
Ministers propose new guided retirement scheme to help give savers protection for life. Millions of private sector workers will be offered a guaranteed pension income for life under new rules designed to help them get…
NeutralBBC News
Mining giant joins fight to stop killer toad march across Australia
Rio Tinto is jointly funding a A$28m "toad containment zoe" to protect the Pilbara region.
NeutralThe Guardian
Virgin Media O2 to cut thousands of jobs as it plans £800m cost savings
Up to 25% of 16,000 workforce could go as telecoms group says it will increase use of AI in areas including customer service. Virgin Media O2 is to cut thousands of jobs in an £800m cost-cutting drive as the…
NeutralThe Guardian
UK’s most polluting power plant could power country’s largest AI datacentre
Drax’s FTSE 250 owner strikes £20bn deal to build infrastructure in what it says is site’s ‘next chapter’ Britain’s most polluting power plant could soon power the country’s largest datacentre under a £20bn deal to…
NeutralCointelegraph
BlackRock’s IBIT sees biggest Bitcoin ETF outflows since June
BlackRock’s Bitcoin ETF shed $405.3 million on Monday as US spot Bitcoin funds opened November with nearly $399 million in net outflows.
Mercado Bitcoin, Brazil’s largest crypto exchange, hit by $46 million security breach
Brazil's largest crypto exchange Mercado Bitcoin confirmed earlier Monday a security incident and paused withdrawals.
NeutralThe Guardian
Chinese cigarettes and Bolivian beer: the Amazonian town transformed by a rampant mining boom
Mayaya, once-remote, has become a hub for Chinese companies. But critics accuse them of exploitation and illegal exports. The pork belly hits the oil with a sizzle, and a rich aroma of soy sauce and caramelising sugar…
WTI Price Forecast: Buyers Defend Key Support After Sharp Selloff
WTI crude oil encounters confirmed resistance near major swing highs, triggering a sharp pullback as buyers attempt to defend a critical technical support zone.
NeutralFXEmpire
Natural Gas Price Forecast: Bearish Momentum Builds Below Key Averages
Natural gas struggles to regain momentum as sellers pressure key support, with a breakdown below $2.83 potentially opening the door to another decline.
NeutralFXEmpire
Galaxy Digital (GLXY) Price Forecast: Bullish Reversal Takes Shape After Earnings
Galaxy Digital rebounds after earnings as buyers defend key support, with an undercut-and-run pattern developing and a potential double bottom targeting higher resistance.
NeutralFXStreet
Indonesian Rupiah: Softer inflation but currency risks linger – MUFG
MUFG strategists note Indonesia’s October Consumer Price Index (CPI) and core inflation both surprised on the downside, giving Bank Indonesia (BI) limited inflation-based justification to tighten policy.
NeutralFXStreet
Singapore Dollar: Range-bound trading outlook against US Dollar – UOB
United Overseas Bank’s (UOB) Quek Ser Leang and Lee Sue Ann note that USD/SGD held a tight range on Monday, with the Singapore Dollar supported by a slightly firmer SGD NEER. They expect the SGD NEER to stay 1.30%–1.80%…
NeutralFXStreet
Copper: Supply risks grow despite strong US imports – Commerzbank
Commerzbank’s commodity team highlights disappointing Chilean Copper output, leaving third‑quarter production at a two‑decade low. Cochilco now forecasts an 8.4% slump in 2026 output and only a modest 3% recovery in…
NeutralFXStreet
Chinese Yuan: PBoC Moves to slow yuan gains - Societe Generale
Societe Generale reports Chinese authorities are again intervening after the CSI 300 fell 8.3% in October, its worst monthly drop in over a decade. The PBoC injected around RMB100bn via a one-year swap and will raise FX…
NeutralFXEmpire
Silver Miners Are Getting Less From Every Tonne
The third-quarter reports point to strain at several mines.
British Pound: Resistance caps recovery against US Dollar – Scotiabank
Scotiabank analysts highlight the Pound trading steady against a mixed Dollar ahead of key risk events, including US midterms, UK PMI data, and the BoE decision.
Compiled by the Borearis Research Team from public news and market quotes, with AI-assisted summaries. For information only, not investment advice. Trading involves risk.
