Alphabet Inc. (NASDAQ:GOOG - Get Free Report) shares rose 1.9% during trading on Monday . The company traded as high as $345.17 and last traded at $344.90. Approximately 22,323,239 shares changed hands during trading, an increase of 8% from the average daily volume of 20,673,430 shares. The stock had previously closed at $338.53. Get Alphabet alerts: Sign Up More Alphabet News Here are the key new...
Alphabet Inc. (NASDAQ:GOOG - Get Free Report) shares rose 1.9% during trading on Monday . The company traded as high as $345.17 and last traded at $344.90. Approximately 22,323,239 shares changed hands during trading, an increase of 8% from the average daily volume of 20,673,430 shares. The stock had previously closed at $338.53. Get Alphabet alerts: Sign Up More Alphabet News Here are the key news stories impacting Alphabet this week: Wall Street Analyst Weigh In Several equities analysts have recently commented on GOOG shares. Scotiabank restated an "outperform" rating and set a $375.00 price target (up from $336.00) on shares of Alphabet in a report on Friday, January 9th. Hsbc Global Res raised Alphabet to a "strong-buy" rating in a research report on Tuesday, October 7th. BMO Capital Markets restated an "outperform" rating and issued a $340.00 target price on shares of Alphabet in a research note on Thursday, October 30th. Guggenheim reaffirmed a "buy" rating and issued a $375.00 target price on shares of Alphabet in a research report on Monday, December 1st. Finally, Weiss Ratings reiterated a "buy (b)" rating on shares of Alphabet in a report on Wednesday, January 21st. Eight investment analysts have rated the stock with a Strong Buy rating, twenty-eight have given a Buy rating, three have issued a Hold rating and two have issued a Sell rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of "Buy" and an average target price of $330.83. Read Our Latest Report on GOOG Alphabet Price Performance The company has a debt-to-equity ratio of 0.06, a current ratio of 1.75 and a quick ratio of 1.75. The stock's 50 day moving average price is $320.91 and its two-hundred day moving average price is $266.82. The firm has a market capitalization of $4.16 trillion, a price-to-earnings ratio of 34.01, a PEG ratio of 1.86 and a beta of 1.09. Alphabet Announces Dividend The company also recently declared a quarterly dividend, which wa...
U.S. President Donald Trump speaks on the day he announced the creation of a critical mineral reserve, in the Oval Office at the White House, Feb. 2, 2026. Evelyn Hockstein | Reuters President Donald Trump on Monday said a criminal investigation into Federal Reserve Chairman Jerome Powell should continue, shrugging off a Republican senator's vow to block Trump's Fed chair replacement pick unless t...
U.S. President Donald Trump speaks on the day he announced the creation of a critical mineral reserve, in the Oval Office at the White House, Feb. 2, 2026. Evelyn Hockstein | Reuters President Donald Trump on Monday said a criminal investigation into Federal Reserve Chairman Jerome Powell should continue, shrugging off a Republican senator's vow to block Trump's Fed chair replacement pick unless the probe is dropped. U.S. Attorney for Washington Jeanine Pirro, who is leading the unprecedented probe of the central bank chairman, should "take it to the end and see," Trump told reporters in the Oval Office. The president had been asked if Pirro ought to abandon her efforts in light of Sen. Thom Tillis, R-N.C., declaring on Friday that he will oppose any new Fed nominee until the Powell investigation is fully resolved. Tillis drew that line in the sand on the same day that Trump, after a monthslong audition process, announced Kevin Warsh as his pick to succeed Powell as Fed chair. Tillis is a member of the Senate Banking, Housing, and Urban Affairs Committee , which has 13 Republicans and 11 Democrats. If Tillis sides with all Democrats on the panel in opposing Warsh, he could set up a stalemate that would prevent the nominee from advancing to a full Senate vote. Powell had revealed on Jan. 11 that he was under criminal investigation. That announcement came after months of Trump and his allies regularly slamming Powell over his refusal to lower interest rates as quickly or steeply as the president wants. Powell accused the administration of threatening him with prosecution because the Fed, despite Trump's pressure, has made its rate-setting decisions "based on our best assessment of what will serve the public, rather than following the preferences of the President." Read more CNBC politics coverage House hardliners complicate ending government shutdown as Speaker Johnson moves ahead Trump says U.S. and India reached trade deal, will lower tariffs immediately United Arab...
New York, February 2, 2026, 18:23 (EST) — After-hours Shares ended down about 0.1% at $331.11 and held near that level after the bell Company set March 4 for fiscal first-quarter results and business outlook Investors are watching AI-driven growth against margin pressure and customer concentration Broadcom shares held near $331 in after-hours trading on Monday after the Nasdaq-listed chip and soft...
New York, February 2, 2026, 18:23 (EST) — After-hours Shares ended down about 0.1% at $331.11 and held near that level after the bell Company set March 4 for fiscal first-quarter results and business outlook Investors are watching AI-driven growth against margin pressure and customer concentration Broadcom shares held near $331 in after-hours trading on Monday after the Nasdaq-listed chip and software group set March 4 for its fiscal first-quarter results and business outlook. The stock ended regular trade down about 0.1% at $331.11. (PR Newswire) The timing matters because Broadcom’s fiscal first quarter ended Feb. 1 and the company has already put numbers on the table. In its last quarterly report in December, Hock Tan said, “We see the momentum continuing in Q1 and expect AI semiconductor revenue to double year-over-year to $8.2 billion,” as Broadcom forecast first-quarter revenue of about $19.1 billion. (PR Newswire) Broadcom’s muted move came as chipmakers powered a rally in U.S. stocks, with the S&P 500 up 0.54% and the Nasdaq Composite index up 0.56%. Advanced Micro Devices rose 4% and Micron Technology added 5.5%, while Tim Ghriskey at Ingalls & Snyder said, “The fundamentals are good and earnings are strong.” Alphabet rose 1.9% and Amazon.com gained 1.5% ahead of results due later this week. (Reuters) For Broadcom, the next month is about guidance. Investors will want to hear how demand is tracking across data-center chips and the company’s infrastructure software, and whether any pockets are cooling. The mix is the hard part. If growth leans toward lower-margin hardware, it can show up quickly in profitability; if software carries more weight, that looks different. But Broadcom has warned that a bigger mix of AI hardware can come with less profit. Kirsten Spears said in December that gross margin could fall about 100 basis points in the first quarter, and Kinngai Chan at Summit Insights flagged customer concentration, saying, “The backlog is still coming f...
Image source: The Motley Fool. Monday, February 2, 2026 at 5 p.m. ET CALL PARTICIPANTS Chief Executive Officer — Alexander C. Karp President — Shyam Sankar Chief Financial Officer — David Glazer Chief Revenue Officer — Ryan Taylor Head of Investor Relations — Ana Soro Need a quote from a Motley Fool analyst? Email pr@fool.com TAKEAWAYS Total Revenue -- $1.407 billion, up 70% year over year and 19%...
Image source: The Motley Fool. Monday, February 2, 2026 at 5 p.m. ET CALL PARTICIPANTS Chief Executive Officer — Alexander C. Karp President — Shyam Sankar Chief Financial Officer — David Glazer Chief Revenue Officer — Ryan Taylor Head of Investor Relations — Ana Soro Need a quote from a Motley Fool analyst? Email pr@fool.com TAKEAWAYS Total Revenue -- $1.407 billion, up 70% year over year and 19% sequentially. -- $1.407 billion, up 70% year over year and 19% sequentially. US Revenue -- $1.076 billion, up 93% year over year and 22% sequentially; accounted for 77% of total revenue. -- $1.076 billion, up 93% year over year and 22% sequentially; accounted for 77% of total revenue. US Commercial Revenue -- $507 million, increasing 137% year over year and 28% sequentially. -- $507 million, increasing 137% year over year and 28% sequentially. US Government Revenue -- $570 million, up 66% year over year and 17% sequentially. -- $570 million, up 66% year over year and 17% sequentially. Commercial TCV Bookings -- $2.6 billion in the quarter, rising 161% year over year and 83% sequentially. -- $2.6 billion in the quarter, rising 161% year over year and 83% sequentially. US Commercial TCV Bookings -- $1.3 billion, up 67% year over year. -- $1.3 billion, up 67% year over year. Net Dollar Retention -- 139%, up 500 basis points from the prior quarter, driven by expansions and new customers. -- 139%, up 500 basis points from the prior quarter, driven by expansions and new customers. Adjusted Operating Income -- $798 million, representing a 57% margin; full year adjusted operating income was $2.254 billion at a 50% margin. -- $798 million, representing a 57% margin; full year adjusted operating income was $2.254 billion at a 50% margin. Rule of 40 Score -- 127 for the quarter, increasing 46 points year over year and 13 points sequentially. -- 127 for the quarter, increasing 46 points year over year and 13 points sequentially. Adjusted Free Cash Flow -- $791 million, a 56% margin in...
NVIDIA Corporation (NASDAQ:NVDA - Get Free Report) dropped 2.9% during mid-day trading on Monday . The stock traded as low as $184.88 and last traded at $185.61. Approximately 161,150,308 shares changed hands during trading, a decline of 1% from the average daily volume of 163,033,250 shares. The stock had previously closed at $191.13. Get NVIDIA alerts: Sign Up Key Stories Impacting NVIDIA Here a...
NVIDIA Corporation (NASDAQ:NVDA - Get Free Report) dropped 2.9% during mid-day trading on Monday . The stock traded as low as $184.88 and last traded at $185.61. Approximately 161,150,308 shares changed hands during trading, a decline of 1% from the average daily volume of 163,033,250 shares. The stock had previously closed at $191.13. Get NVIDIA alerts: Sign Up Key Stories Impacting NVIDIA Here are the key news stories impacting NVIDIA this week: Wall Street Analysts Forecast Growth Several equities research analysts have commented on NVDA shares. Hsbc Global Res upgraded shares of NVIDIA from a "hold" rating to a "strong-buy" rating in a research report on Wednesday, October 15th. Mizuho set a $275.00 price objective on shares of NVIDIA and gave the stock an "outperform" rating in a report on Friday, January 9th. DZ Bank reaffirmed a "buy" rating on shares of NVIDIA in a report on Thursday, November 20th. Arete Research lifted their price target on shares of NVIDIA from $244.00 to $261.00 and gave the company a "buy" rating in a research report on Tuesday, November 25th. Finally, Loop Capital upped their price target on NVIDIA from $250.00 to $350.00 and gave the stock a "buy" rating in a report on Monday, November 3rd. Four investment analysts have rated the stock with a Strong Buy rating, forty-seven have assigned a Buy rating and two have given a Hold rating to the company. Based on data from MarketBeat, the stock currently has an average rating of "Buy" and an average target price of $263.98. View Our Latest Analysis on NVIDIA NVIDIA Trading Down 2.9% The company has a debt-to-equity ratio of 0.06, a quick ratio of 3.71 and a current ratio of 4.47. The business has a fifty day simple moving average of $184.09 and a 200 day simple moving average of $182.62. The stock has a market cap of $4.51 trillion, a price-to-earnings ratio of 46.06, a PEG ratio of 0.93 and a beta of 2.31. NVIDIA (NASDAQ:NVDA - Get Free Report) last issued its quarterly earnings data on Wed...
Mitchell Krebs, Coeur Mining CEO, says central banks moving away from U.S. Treasuries has boosted gold, with lower interest rates, rising debt, deficits, and geopolitical risks all adding support. He speaks with Romaine Bostick and Katie Greifeld on The Close. (Source: Bloomberg)
Mitchell Krebs, Coeur Mining CEO, says central banks moving away from U.S. Treasuries has boosted gold, with lower interest rates, rising debt, deficits, and geopolitical risks all adding support. He speaks with Romaine Bostick and Katie Greifeld on The Close. (Source: Bloomberg)
Expense ratios, portfolio breadth, and sector focus set these two consumer staples ETFs apart for investors weighing defensive options. The Fidelity MSCI Consumer Staples Index ETF (FSTA +1.42%) stands out for its ultra-low costs, broader diversification, and higher recent total returns compared to the more concentrated and pricier Invesco Food & Beverage ETF (PBJ +0.65%). Both the Invesco Food & ...
Expense ratios, portfolio breadth, and sector focus set these two consumer staples ETFs apart for investors weighing defensive options. The Fidelity MSCI Consumer Staples Index ETF (FSTA +1.42%) stands out for its ultra-low costs, broader diversification, and higher recent total returns compared to the more concentrated and pricier Invesco Food & Beverage ETF (PBJ +0.65%). Both the Invesco Food & Beverage ETF and Fidelity MSCI Consumer Staples Index ETF target the U.S. consumer staples sector, but their approaches differ: FSTA tracks a broad index of over 100 large- and mid-cap consumer defensive stocks, while PBJ uses a rules-based strategy to select 30 food and beverage companies based on momentum and value factors. This comparison unpacks the key differences investors may want to consider. Snapshot (cost & size) Metric PBJ FSTA Issuer Invesco Fidelity Expense ratio 0.61% 0.08% 1-yr return (as of 2026-01-30) 1.9% 7.6% Dividend yield 1.83% 2.34% Beta 0.65 0.55 AUM $94.08 million $1.32 billion Beta measures price volatility relative to the S&P 500; beta is calculated from five-year weekly returns. The one-year return represents total return over the trailing 12 months. FSTA is notably more affordable, charging just 0.08% in annual fees, compared to PBJ’s 0.61%. FSTA also offers a higher recent dividend yield, which could appeal to investors seeking income alongside defensive sector exposure. Performance & risk comparison Metric PBJ FSTA Max drawdown (5 years) (15.84%) (16.59%) Growth of $1,000 over 5 years $1,379 $1,524 What's inside FSTA tracks a broad consumer staples index and holds 97 stocks, providing exposure to household names and industry leaders. Its portfolio is dominated by consumer defensive companies (98%), with top holdings such as Costco Wholesale, Walmart, and Procter & Gamble. The fund has a 12-year track record, and its top three positions account for over a third of assets, reflecting a tilt toward the largest players in the sector. PBJ is more co...
02 February 2026 UPDATE Apple Music kicks off Bad Bunny’s Road to Halftime ahead of Super Bowl LX Tune in to The Official Bad Bunny Interview on February 5 at 10 a.m. PT on Apple Music Apple Music is celebrating Bad Bunny’s Road to Halftime with a spotlight on the artist who has transformed global pop culture, reimagining the music of the Caribbean and his native Puerto Rico for the world — on his...
02 February 2026 UPDATE Apple Music kicks off Bad Bunny’s Road to Halftime ahead of Super Bowl LX Tune in to The Official Bad Bunny Interview on February 5 at 10 a.m. PT on Apple Music Apple Music is celebrating Bad Bunny’s Road to Halftime with a spotlight on the artist who has transformed global pop culture, reimagining the music of the Caribbean and his native Puerto Rico for the world — on his own terms and in his own language. “This is a special full-circle moment for us,” said Rachel Newman, Apple Music’s co-head. “Bad Bunny’s an artist that we’ve championed from the very beginning, when our editors discovered his work and contacted him directly about bringing it to Apple Music. To have him as a headliner of the Apple Music Super Bowl LX Halftime Show feels like the culmination of a deep, long-term partnership that spans most of the last decade, at a time period in which he’s forever changed global pop music.” The global superstar recently shared the record-breaking first-look trailer shot in Puerto Rico in the lead-up to the highly anticipated Apple Music Super Bowl LX Halftime Show on Sunday, February 8, at Levi’s Stadium in Santa Clara, California. Ahead of the game, Apple Music subscribers can check out the ultimate Bad Bunny Essentials; listen to the mood playlists Dance Bunny, Trap Bunny, Sad Bunny, Party Bunny, and Bunny & Friends, which showcase the many sides of Bad Bunny; explore The DNA of DtMF playlist that highlights Puerto Rican styles and sounds handpicked by the artist; stream an exclusive career-spanning 2026 Super Bowl LX Megamix (DJ Mix) from Bad Bunny’s biggest producer, Tainy; discover new NFL player playlists; and more. Additionally, with Apple Music Sing, fans can sing along to their favorite Bad Bunny songs with adjustable vocals, perfectly timed lyrics, and translations and pronunciations that appear line by line. To access it all, check out Bad Bunny’s Road to Halftime on Apple Music. The Super Bowl LX Halftime Show Press Conference O...
Gold rose, clawing back some losses after the abrupt unwinding of a record-breaking rally that had driven prices down 13% in just two days. Silver also advanced. Spot gold climbed as much as 2.2% to above $4,760 an ounce, after falling almost 5% in the previous session to extend a slump on Friday that was the steepest in more than a decade. Silver climbed 3.7% to top $82, after sliding 7% on Monda...
Gold rose, clawing back some losses after the abrupt unwinding of a record-breaking rally that had driven prices down 13% in just two days. Silver also advanced. Spot gold climbed as much as 2.2% to above $4,760 an ounce, after falling almost 5% in the previous session to extend a slump on Friday that was the steepest in more than a decade. Silver climbed 3.7% to top $82, after sliding 7% on Monday and posting a record intraday drop on Jan. 30. Precious metals surged to records last month in a rapid ascent that caught even seasoned traders by surprise. Investors piled into gold and silver on renewed concerns about geopolitical upheaval, currency debasement, and threats to the Federal Reserve’s independence. A wave of buying from Chinese speculators supercharged the rally, but this flipped on Friday as the US dollar rebounded. The extent to which Chinese investors choose to buy the dip will play a key role in determining the direction of the market. Over the weekend, buyers flocked to the country’s biggest bullion marketplace in Shenzhen to stock up on gold jewelry and bars ahead of the Lunar New Year. China’s markets will be closed for just over a week from Feb. 16 for the holidays. Some banks have also backed gold to recover, with Deutsche Bank AG saying in a note on Monday that it was standing by a forecast for bullion to rally to $6,000. Gold rose 2.2% to $4,763.95 an ounce at 7:51 a.m. in Singapore. Silver advanced 3.6% to $81.15. Platinum and palladium also climbed. The Bloomberg Dollar Spot Index , a gauge of the US currency, was flat after ending the previous session up 0.3%.
Oil steadied after dropping the most in six months in the previous session on easing geopolitical risks and a broader commodities selloff. West Texas Intermediate traded near $62 a barrel after plunging 4.7% on Monday, while Brent futures settled above $66. US President Donald Trump said talks with Iran over a new nuclear deal could begin within days , after Tehran signaled it was ready to engage....
Oil steadied after dropping the most in six months in the previous session on easing geopolitical risks and a broader commodities selloff. West Texas Intermediate traded near $62 a barrel after plunging 4.7% on Monday, while Brent futures settled above $66. US President Donald Trump said talks with Iran over a new nuclear deal could begin within days , after Tehran signaled it was ready to engage. Crude was also hit as commodities — particularly metals — came under intense selling pressure. Gold fell as much as 10% on Monday, and copper at one point dropped more than 5%, as they continued a retreat that started on Friday. The precipitous drop in oil prices came after WTI’s biggest monthly gain since 2023, which was supported by broad-based flows into commodities. The prospect of conflict with Iran and pockets of supply disruption led to a surprisingly tight first month of the year against a wider backdrop of elevated supplies. Elsewhere, Trump said he would roll back punitive tariffs on India in return for an agreement that Prime Minister Narendra Modi would stop buying Russian oil, easing months of tension between the two countries. Shipments of Moscow’s crude to Indian ports have tumbled toward the lowest in more than three years, contributing to a growing pool of unsold sanctioned barrels across the globe. To get Bloomberg’s Energy Daily newsletter in your inbox, click here . WTI for March delivery was little changed at $61.85 a barrel at 7:56 a.m. in Singapore. Brent for April settlement slid 4.4% to settle at $66.30 a barrel on Monday. Before the Crash, Oil and Gas Drillers Pounced on Price Rise Mexico Tries Diplomatic Talks to Maintain Cuba Oil Shipments Mercuria Joins List of Traders Vying for Venezuela Oil Carlyle Group Enters List of Top 10 European Oil Refiners
Image source: The Motley Fool. Feb. 2, 2026 at 5 p.m. ET Call participants Chairman, Chief Executive Officer and President — David Simon President, Leasing and Acquisitions — Eli Simon Chief Financial Officer — Brian McDade Need a quote from a Motley Fool analyst? Email [email protected] Risks David Simon said tariffs have "put more pressure on retailers" and are likely to "end up hurting the smal...
Image source: The Motley Fool. Feb. 2, 2026 at 5 p.m. ET Call participants Chairman, Chief Executive Officer and President — David Simon President, Leasing and Acquisitions — Eli Simon Chief Financial Officer — Brian McDade Need a quote from a Motley Fool analyst? Email [email protected] Risks David Simon said tariffs have "put more pressure on retailers" and are likely to "end up hurting the small guys," with increased caution on tenant credit and expectations of more bankruptcies in 2026 included in budgets. The $100 million investment in Saks Global related to Neiman Marcus was written off at year-end, as confirmed by David Simon. Higher net interest expense of $0.25-$0.30 per share is incorporated in the 2026 FFO guidance, as discussed by Brian McDade. Takeaways Real estate FFO -- $4.8 billion, or $12.73 per share, a record for Simon Property Group SPG 0.05% ) -- $4.8 billion, or $12.73 per share, a record for Fourth-quarter real estate FFO -- $3.49 per share, a 4.2% increase compared to the prior year's fourth quarter. -- $3.49 per share, a 4.2% increase compared to the prior year's fourth quarter. Domestic property NOI growth -- Increased 4.8% for the quarter and 4.4% for the year, according to Brian McDade. -- Increased 4.8% for the quarter and 4.4% for the year, according to Brian McDade. Portfolio NOI growth (constant currency) -- 5.1% for the quarter and 4.7% for the year, combining international and domestic results. -- 5.1% for the quarter and 4.7% for the year, combining international and domestic results. Malls and premium outlets occupancy -- Ended at 96.4% at year-end; Mills assets ended at 99.2% occupancy. -- Ended at 96.4% at year-end; Mills assets ended at 99.2% occupancy. Lease signings -- Over 1,300 leases totaling more than 4.4 million square feet in the quarter; annual total exceeded 4,600 leases for 17 million square feet. -- Over 1,300 leases totaling more than 4.4 million square feet in the quarter; annual total exceeded 4,600 leases for 17...
Track your investments for FREE with Simply Wall St, the portfolio command center trusted by over 7 million individual investors worldwide. Solos Technology Limited has filed a patent infringement lawsuit against Meta Platforms (NasdaqGS:META) and its partners over smart-glasses technology. The complaint targets core technologies used in Meta's smart-glasses platform and seeks financial damages an...
Track your investments for FREE with Simply Wall St, the portfolio command center trusted by over 7 million individual investors worldwide. Solos Technology Limited has filed a patent infringement lawsuit against Meta Platforms (NasdaqGS:META) and its partners over smart-glasses technology. The complaint targets core technologies used in Meta's smart-glasses platform and seeks financial damages and an injunction on further alleged use. The case raises questions about potential impacts on Meta's wearables roadmap and its collaborations in the smart-glasses segment. For you as an investor following NasdaqGS:META, this lawsuit highlights the importance of intellectual property in the wearables and smart-glasses space. Meta has been positioning smart-glasses as part of its broader hardware and mixed reality efforts, an area that many large tech companies are exploring. When disputes reach the level of patent litigation, they can add legal complexity to an already competitive product category. Looking ahead, the key issues to watch include whether the case moves quickly toward settlement or proceeds through a longer court process, and whether any injunction is requested or granted. Outcomes related to licensing, product design changes, or limits on distribution could influence how Meta approaches hardware partnerships and future smart-glasses releases. Stay updated on the most important news stories for Meta Platforms by adding it to your watchlist or portfolio. Alternatively, explore our Community to discover new perspectives on Meta Platforms. NasdaqGS:META 1-Year Stock Price Chart Is Meta Platforms financially strong enough to weather the next crisis? Quick Assessment ✅ Price vs Analyst Target : At US$706.41 against a consensus target of US$858.71, the shares sit about 22% below where analysts on average expect them to be. ✅ Simply Wall St Valuation : The stock is assessed as undervalued, trading roughly 32.1% below an estimated fair value. ✅ Recent Momentum: A 30 day...
New York, Feb 2, 2026, 18:17 EST — After-hours AMD shares jumped roughly 4% in after-hours trading, just one day before the company reports its quarterly earnings OpenAI has been in talks with AMD, seeking alternatives to certain Nvidia AI chips, Reuters reported Traders are zeroing in on AMD’s earnings and its outlook for data-center and AI demand Advanced Micro Devices shares climbed roughly 4% ...
New York, Feb 2, 2026, 18:17 EST — After-hours AMD shares jumped roughly 4% in after-hours trading, just one day before the company reports its quarterly earnings OpenAI has been in talks with AMD, seeking alternatives to certain Nvidia AI chips, Reuters reported Traders are zeroing in on AMD’s earnings and its outlook for data-center and AI demand Advanced Micro Devices shares climbed roughly 4% to $246.27 in after-hours trading Monday, extending earlier gains. During the regular session, the stock fluctuated between $229.81 and $253. This matters as AMD approaches its results, with investors eager for signs on whether investment in data centers and AI equipment continues to flow through the chip supply chain. Chip stocks have been volatile, and earnings have become a litmus test for the wider AI sector. AMD plans to release its fiscal fourth-quarter and full-year 2025 earnings after markets close on Feb. 3, with a conference call set for 5 p.m. EST, the company announced. (AMD) Chipmakers pushed U.S. stocks higher on Monday, led by AMD’s 4% jump, as gains spread to peers like Micron Technology amid a rally driven by AI-related demand. “The fundamentals are good and earnings are strong,” said Tim Ghriskey of Ingalls & Snyder. (Reuters) After the close, Reuters reported OpenAI is scouting alternatives to certain Nvidia chips, zeroing in on “inference” — the process of generating responses to user prompts. Sources say OpenAI has explored deals with AMD and startups like Cerebras Systems and Groq. Nvidia maintains that its chips remain the go-to for inference workloads. OpenAI confirmed it still depends on Nvidia for the majority of its inference fleet. CEO Sam Altman noted that customers “put a big premium on speed for coding work.” (Reuters) For AMD, talks with OpenAI bring fresh focus to a rivalry where chip speed, power efficiency, and software backing all weigh heavily. Still, changes in major clients’ purchasing usually surface first in guidance, not revenue. In...
(RTTNews) - The Japan stock market has finished lower in two straight sessions, tumbling almost 970 points or 2.7 percent along the way. The Nikkei 225 now sits just above the 37,470-point plateau although it may stop the bleeding on Tuesday. The global forecast for the Asian markets is cautiously optimistic on optimism over the outlook for interest rates. The European markets were slightly lower ...
(RTTNews) - The Japan stock market has finished lower in two straight sessions, tumbling almost 970 points or 2.7 percent along the way. The Nikkei 225 now sits just above the 37,470-point plateau although it may stop the bleeding on Tuesday. The global forecast for the Asian markets is cautiously optimistic on optimism over the outlook for interest rates. The European markets were slightly lower and the U.S. bourses were slightly higher and the Asian markets are tipped to follow the latter lead. The Nikkei finished sharply lower on Monday following losses from the financial shares, technology stocks and automobile producers. For the day, the index plunged 494.43 points or 1.30 percent to finish at 37,470.67 after trading between 37,320.72 and 37,651.18. Among the actives, Nissan Motor shed 0.60 percent, while Mazda Motor plunged 3.41 percent, Toyota Motor stumbled 2.82 percent, Honda Motor surrendered 2.11 percent, Softbank Group cratered 3.40 percent, Mitsubishi UFJ Financial retreated 1.75 percent, Mizuho Financial dropped 0.92 percent, Sumitomo Mitsui Financial skidded 1.08 percent, Mitsubishi Electric sank 0.83 percent, Sony Group dipped 0.21 percent, Panasonic Holdings tumbled 1.98 percent and Hitachi slumped 1.68 percent. The lead from Wall Street is mildly positive as the major averages spent most of Monday in the red before a late rally nudged them over the unchanged line. The Dow added 35.41 points or 0.08 percent to finish at 42,305.48, while the NASDAQ gained 128.85 points or 0.67 percent to close at 19,242.61 and the S&P 500 rose 24.25 points or 0.41 percent to end at 5,935.94. The early weakness on Wall Street reflected renewed trade concerns amid further signs of rising tensions between the U.S. and China. China on Monday pushed back against President Donald Trump's claims that it had broken the Geneva trade agreement, accusing the U.S. of violating the deal with increased tech export restrictions and the revocation of Chinese student visas. However, ...