AMD beats on sales and profit but warns of a 10% revenue decline in Q1
AMD reported earnings as many of its rival chipmakers have stumbled in recent weeks, citing lower consumer demand for finished electronics.
Financial News
Everyone’s watching Meta’s earnings report for a hint at how online ads are doing
Meta, Apple, Google, Amazon and Snap are slated to report earnings this week as an economic slowdown and Apple privacy changes weigh on prospects.
Cramer’s week ahead: Fed decision on Wednesday could let the bulls ‘party on’
Cramer also reviewed next week’s roster of earnings.
Tesla just had its best week since May 2013
Tesla shares rose 33% to close their best week since May 2013, boosted by positive economic data and an earnings beat.
CDC urges people with weak immune systems to take extra precautions after Covid subvariants knock out Evusheld
Evusheld was a key antibody treatment taken by people with weak immune systems as an added layer of protection.
Intel shares drop on weak quarterly results and expectations for another quarter of losses
Intel called for a loss in the first quarter, while analysts had expected income. The chipmaker is dealing with a sharper-than-expected PC market contraction.
Tesla reports record revenue and beats on earnings
Electric vehicle maker Tesla reported earnings after the bell. Here are the results.
Microsoft offers lackluster guidance, says new business growth slowed in December
Microsoft saw slower Azure growth and device execution challenges in a quarter where it took a $1.2 billion charge, mainly for cutting 10,000 jobs.
Microsoft announces new multibillion-dollar investment in ChatGPT-maker OpenAI
Microsoft announced a new multiyear, multibillion-dollar investment with the artificial intelligence lab OpenAI, according to a release Monday.
Google employees scramble for answers after layoffs hit long-tenured and recently promoted employees
Employees have rallied to find out who’s been laid off while demanding answers from leadership.