AMD reported third-quarter earnings that surpassed Wall Street expectations, with revenue rising 45% year-over-year to $13.38 billion. The company's data center business nearly doubled in revenue, now making up 64% of total sales, fueled by strong demand for AI chips and server CPUs powering agentic AI applications. CEO Lisa Su expressed confidence in sustaining growth and profitability, with plans to increase supply in 2027. Despite a recent industry-wide sell-off on AI spending concerns, AMD's stock has gained 129% this year. The company also announced a $17 billion revenue forecast for Q4, beating analyst estimates, and highlighted strategic investments in AI labs and partnerships with major tech firms.
AMD stock gains attention with a 7% jump on earnings news. For readers following the Technology sector, here is Pluang's market snapshot as of Nov 04, 2026 03:41 WIB: out of 150 US tech stocks, 94 rose and 53 fell. Notable movers include APP at USD 246.22 (+7.59%, 0% Sell / 100% Buy), NBIS at USD 151.97 (+7.48%, 23% Sell / 77% Buy), and IONQ at USD 30.14 (+6.98%, 66% Sell / 34% Buy).
Vencora has acquired CT InsureTech, a leading insurance technology provider with offices in London, Buenos Aires, and Mexico City. This acquisition strengthens Vencora's insurance technology offerings and expands its presence in Latin America and Eur...
Vencora has acquired CT InsureTech, a leading provider of insurance technology and services with offices in London, Buenos Aires, and Mexico City. This acquisition expands Vencora's portfolio and presence in Latin America and the UK, strengthening it...
Adeia Inc. shares dropped over 16% after the company missed Q3 earnings estimates and lowered its full-year 2026 revenue guidance by $20 million. The revision was due to delays in a small number of large media-licensing contracts, which make up a sig...
Tidal Financial Group and GammaRoad Capital Partners announced the closure and liquidation of the GammaRoad Market Navigation ETF (GMMA). The fund's final trading day on NYSE Arca will be November 18, 2026, after which shares will be redeemed for cas...
The iShares MSCI USA Value Factor ETF has outperformed the S&P 500 over the past year, largely due to its heavy weighting in Micron, which accounts for about 19.23% of the fund. The ETF's sector neutrality rule results in a 40% technology allocation,...
