Advanced Micro Devices to give up gains on predictable earnings report, HSBC says
Advanced Micro Devices has jumped 66% over the past month, but it is likely to lose some ground if its earnings report doesn’t exceed expectations, per HSBC.
Here are Monday’s biggest analyst calls: Nvidia, Apple, Palantir, AMD, McDonald’s, Broadcom, Airbnb & more
Here are the biggest calls on Wall Street on Monday.
U.S. military denies Iran’s claim it struck U.S. warship in Strait of Hormuz
Iran has blocked tanker traffic through the Strait of Hormuz since the U.S. and Israel started the war in late February, resulting in supply and price shocks.
Emerging markets, industrial stocks and utilities: Three investment strategies from the studio
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Warsh’s take on Fed independence is met with confusion and some concern
Fed chair nominee Kevin Warsh is putting his own spin on the independence of monetary policy. Many former Fed officials aren’t sold.
McDonald’s likely to bounce as fast-food chain overhauls menus, marketing, UBS says
McDonald’s shares are down 11% over the past three months, but they should gain ground as the company’s moves to increase sales begin to pay off, per UBS.
CNBC’s Official WNBA Team Valuations 2026: The league has its first $1 billion team
The average value of a Women’s National Basketball Association team is $460 million, according to CNBC’s Official WNBA Team Valuations 2026.
AI chipmaker Cerebras targets $3.5 billion raise in IPO
The share sale could give the company a valuation of up to $24.5 billion, compared with $23 billion as of February.
Earnings playbook: Palantir and Advanced Micro Devices usher in the next week of reports
Palantir, Advanced Micro Devices, Walt Disney and McDonald’s are among the companies set to report.
India is burning more coal as extreme heat and the Iran war squeeze energy supplies
India, the world’s third-largest emitter of carbon dioxide, is burning more coal as demand for power rises, most of which is coal-fired.