Investing

Investing
Investing

AMD stock pops on Q1 earnings but HSBC recommends caution

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Advanced Micro Devices (NASDAQ: AMD) is pushing higher in extended hours after delivering a comprehensive “beat and raise” that underscores its growing dominance in the AI infrastructure trade. In Q1, the chipmaker earned $1.37 on a per-share basis and generated $10.25 billion in revenue – handily beating both Wall Street estimates and the last year’s

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Investing

Strategy (MSTR) posts $12.7B loss as bitcoin slump hits crypto holdings

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Shares of Strategy (NASDAQ: MSTR) (previously known as Microstrategy) declined in extended trading on Tuesday after the bitcoin-focused firm reported a significantly wider first-quarter loss, reflecting the impact of falling cryptocurrency prices on its large digital asset holdings. The company, led by Michael Saylor, posted a net loss of $12.77 billion, or $38.25 per share,

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