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Chip Stocks Plunge After AMD’s 2024 Guidance Falls Short Of Expectations

Article By: The Tokenist

Wednesday, May 1, 2024 12:33 PM EDT

AMD's AI chip sales forecast fell short of expectations, causing shares to drop nearly 9% today.

In this article: AMD, SMCI, AVGO, NVDA, QCOM

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Market Briefing For Wednesday, May 1, 2024

Article By: Gene Inger

Wednesday, May 1, 2024 3:08 AM EDT

Equilibrium was lost when an earnings-based reflex rebound restored S&P to around the 50-Day Moving Average, and then Tuesday simply worked into a more notable sell-off.

In this article: AMD, AMZN

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SPDR ETF Report For Tuesday, April 30

Video By: Ira Epstein

Wednesday, May 1, 2024 1:20 AM EDT

In this video, Ira Epstein reviews the day's trading in various SPDR-ETF markets for the trading day that ended, Tuesday, April 30.

In this video: AMD, COPX, FCX, MA, FXE, SMCI, AMZN, EBAY, SBUX, TSLA, GLD, SLV, TLT, UGA, UUP, XHB, XLE, XLI, XLK, RSPD

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Markets Close April Lower Ahead Of Fed, Q1 Earnings

Article By: Mark Vickery

Wednesday, May 1, 2024 12:00 AM EDT

Markets closed at their lowest levels in more than a week today. This is thanks to a session that ends the month of April profoundly down. All four indices hit session lows at the closing bell.

In this article: AMD, SMCI, AMZN, SBUX, PINS

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Market Weakness: A Bear's Delight

Article By: Tim Knight

Tuesday, April 30, 2024 11:20 PM EDT

Amazon disappoints in after-hours trading. AMD shows bearish signs. SMCI's volatile range prompts potential downside. The market weakens, offering opportunities.

In this article: AMD, SMCI, NDX, AMZN

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