The chipmaker's data center segment brought in $5.8 billion, up 57% year over year, as AMD raised its second-quarter revenue outlook to $11.2 billion
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Advanced Micro Devices Inc (NASDAQ:AMD, XETRA:AMD) reported first quarter results that exceeded Wall Street expectations, supported by strong growth in its data center segment, sending its shares higher after Tuesday's closing bell. The semiconductor company reported revenue of $10.3...
Arm Holdings is due to release its results after markets close Wednesday, and traders are pricing in the likelihood of a big move in the chip designer's stock following the report.
AMD (AMD) reported first quarter results on Tuesday after the closing bell. Adjusted earnings per share (EPS) came in at $1.37 (compared to analyst estimates of $1.28), and revenue came in at $10.25 billion (compared to analyst estimates of $9.89 billion). Market Domination Overtime host Josh Lipton takes a closer look at the breaking numbers.
Skyworks Solutions forecast quarterly revenue above estimates on Tuesday, betting on strong demand for its radio-frequency chips used in premium smartphones. Shares of the Irvine, California-based company rose more than 1% in extended trading. Skyworks, which sells analog and mixed-signal wireless communication chips to customers across the automotive, industrial and consumer electronics sectors, is a key supplier of radio-frequency components for Apple's 5G iPhones.
Quantum computing company IonQ (NYSE:IONQ) will be reporting results this Wednesday afternoon. Here's what investors should know.
Quantum computing company IonQ (NYSE:IONQ) will be reporting results this Wednesday afternoon. Here’s what investors should know.
Lumentum stock fell amid fiscal Q3 earnings that topped estimates while revenue boomed but slightly missed Wall Street targets.
Freshworks said on Tuesday it would cut 11% of its workforce, or about 500 jobs, as the business-software company grapples with an industry being reshaped by artificial intelligence. Shares of the company were down around 5% in extended trading. Peer Atlassian, last month, said it would slash roughly 10% of jobs.
The bitcoin treasury company on Tuesday reported a loss of $12.77 billion, driven by a drop in the value of its bitcoin holdings.
PayPal (NASDAQ:PYPL) executives used the company’s first-quarter 2026 earnings call to outline a broad transformation agenda that includes reorganizing around three core businesses, accelerating technology modernization, and launching a multi-year cost savings program, while reiterating full-year gu
Advanced Micro Devices forecast second-quarter revenue above Wall Street expectations on Tuesday, betting on resilient demand for its data-center chips as cloud providers accelerate spending on artificial intelligence infrastructure. The company expects quarterly revenue of $11.2 billion, plus or minus $300 million, compared with estimates of $10.52 billion, according to data compiled by LSEG. AMD, long seen by analysts and investors as a leading challenger to Nvidia's dominance, is tapping into a new AI hardware opportunity in the form of central processing unit (CPU) as companies move from training models to deploying them, a process known as inference.
The U.S. stock market rallied to more records after an easing of oil prices let Wall Street turn its focus back to the big profits that companies keep producing. The Dow Jones Industrial Average added 0.7%, and the Nasdaq composite gained 1%. Stocks got a boost after oil prices gave back much of their big jumps from Monday, and Brent crude fell 4%.
Robinhood Chief Executive Vlad Tenev on Tuesday addressed analyst pushback over the brokerage's government partnership to manage Trump accounts, a savings tool for children created under last year's tax law.
It is now my pleasure to introduce your host, Brian Siegel with Hayden IR. Joining me on the call today are Ben Wolff, President and Chief Executive Officer; and Trevor Thatcher, Chief Financial Officer.
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Super Micro Computer on Tuesday forecast fourth-quarter revenue and adjusted profit above Wall Street estimates, banking on robust demand for its artificial intelligence servers, sending shares up 17% in extended trading. "With the addition of our new U.S. manufacturing facilities in Silicon Valley, we are exceptionally well-positioned to meet the massive demand for various AI and enterprise verticals," CEO Charles Liang said in a statement. The company projected fourth-quarter revenue in the range of $11 billion to $12.5 billion, compared with analysts' average estimate of $11.07 billion, according to data compiled by LSEG.
Riot Platforms (Nasdaq: HOOD) is a digital infrastructure company that made its name for Bitcoin (BTC) mining operations. But since this business is no longer profitable, the company has been selling its Bitcoin holdings and transitioning to running artificial intelligence (AI) and ...
Thomas Armstrong: Good morning, and thank you for joining us on this conference call to address Cipher Digital's business update for the first quarter of 2026. Joining me on the call today are Tyler Page, Chief Executive Officer; and Greg Mumford, Chief Financial Officer. Please also note that this conference call is the property of Cipher Digital, and any taping or other reproduction is expressly prohibited without prior consent.
First-quarter layoffs totaled 217,362, according to outplacement firm Challenger, Gray & Christmas, a level 56% lower than the January-to-March period last year. In the first quarter, private-sector layoffs were down 1%. Here’s how this year’s job cuts are stacking up.
Pfizer Chief Executive Albert Bourla is battling impending expirations for some blockbuster-drug patents and the precipitous decline of the company's Covid franchise, but he has put a date on when the company will return to consistent growth: 2029. Bourla said Tuesday he expects Pfizer will post high-single-digit average revenue growth annually from 2029 through 2033. “Products are losing patents, and we have a clear line of sight on growth starting in '29,” Bourla said in an interview after the company reported better-than-expected first-quarter results.
Managers of KKR sought to play down turmoil engulfing private-markets firms, as the New York firm beat analysts’ quarterly earnings forecasts.
Uber is set to report earnings Wednesday morning, with the rideshare giant's stock seen making a big move following the results.
APP heads into Q1 earnings with triple-digit EPS growth expected, but weak price trends, rich valuation, and mixed signals may keep investors cautious.
The fast-food burger sector has faced economic challenges over the last year that have led major chains, such as A&W Restaurants, to close locations. A significant issue for burger chains was mixed sales results over the last year. The leading fast-food burger chain is enjoying another year of ...
CPI Card Group (NASDAQ:PMTS) executives said the company got off to a “solid start” in 2026, reporting first-quarter revenue growth of 20% and reaffirming its full-year outlook as it continues integrating its Arroweye acquisition and investing in its technology and go-to-market initiatives. First-q
Powell Industries (NASDAQ:POWL) reported fiscal 2026 second-quarter results showing continued order momentum and a growing backlog, driven by activity across liquefied natural gas, electric utilities, and data center-related demand. Orders surge and backlog expands Chairman and CEO Brett Cope said
Palladyne AI (NASDAQ:PDYN) reported first-quarter fiscal 2026 revenue of $3.5 million, up 107% year-over-year, and reiterated its full-year 2026 revenue guidance of $24 million to $27 million as management pointed to a growing contract backlog and increased defense program activity. Revenue grew 10
Ocugen (NASDAQ:OCGN) used its first-quarter 2026 earnings call to highlight progress across its retinal gene therapy pipeline and to outline a strengthened balance sheet following a newly announced financing. Convertible notes offering and cash runway outlook Chairman, CEO, and Co-founder Dr. Shank
IPG Photonics (NASDAQ:IPGP) reported first-quarter 2026 results that exceeded management’s expectations, with revenue rising 17% year over year to $265 million, as improved demand—particularly tied to battery manufacturing and medical applications—supported growth, executives said on the company’s e