Tag Archives: exploding

[unable to retrieve full-text content]Here’s what’s really bothering me about the exploding Nasdaq  Yahoo Finance Source link

In this market, the last thing investors have been rewarding this earnings season is a bottom-line miss vs. expectations of any magnitude. Except if you are Meta (META). Shares of the social media giant exploded nearly 20% in pre-market trading on Thursday following a whopper of an earnings shortfall. The company had the most visited ticker page on Yahoo Finance. Here is how Meta performed compared to Wall Street estimates — at first blush it was far from rosy and deserving of a major push… Source link

Advanced Micro Devices (AMD) torched analyst forecasts again for the second quarter, in large part fueled by robust demand for chips for gaming consoles, PCs and servers.  “The demand for computing is just exploding everywhere,” AMD CEO Dr. Lisa Su said on Yahoo Finance Live. “I think whether it’s in PCs where you are working from home, schooling from home or returning to office, people want better devices and particularly in the data center, where there is just an incredible need for more… Source link

TipRanks 2 “Strong Buy” Penny Stocks That Could See Outsized Gains Well, it’s official. Joe Biden is now President, and he’ll be backed – at least for the short term – by Democratic majorities in both Houses of Congress. Wall Street is taking the measure of the new Administration, and sees, among its first moves, a boost in fiscal stimulus that is likely to goose consumer spending, bump corporate profits, and provide general economic support in the first half of 2021. Covering the… Source link