Key Takeaways Revenue for AMD’s Enterprise, Embedded and Semi-Custom segment came in above expectations. The Enterprise, Embedded and Semi-Custom segment has been growing much faster than the company’s other main segment as processing chips are being embedded in more and more products. The segment’s sales were partly driven by EPYC processors as data center sales
Eric Glyman and Karim Atiyeh, cofounders of corporate card startup Ramp Corporate charge card start-up Ramp is going after publicly-traded competitor Bill.com with a free invoice management and payments platform, CNBC has learned. The start-up has grown rapidly this year by offering small and medium-sized businesses a cash back card paired with software that identifies
Take a look at some of the biggest movers in the premarket: Facebook (FB) – Facebook gained 1.9% in the premarket after reporting mixed results for the second quarter. Facebook beat estimates by 3 cents a share, with quarterly earnings of $3.22 per share. Revenue missed, however, as ad sales growth slowed in the face
At the start of the novel coronavirus pandemic, many folks — including this author — felt that the impeding crisis was the beginning of the end. Back in January and February of last year, we were all treated to worrisome footage of people dropping on the street dead. That the same fate would soon overcome
Since the beginning of the Covid-19 pandemic, several sectors have grabbed the limelight. In particular, due to the advent of social distancing, online businesses flourished. Zoom (NASDAQ:ZM), which provides a video-communications platform, was a major beneficiary of the trend, causing ZM stock to boom. Source: Michael Vi / Shutterstock.com Trading at $67 towards the end
Roku (NASDAQ:ROKU) will release its third-quarter earnings on Nov. 3 after the stock market close. This could be a bellwether for how well its crucial Christmas season turns out. Investors will be looking carefully to see if the West coast shipment delays are having any effect on its ability to deliver inventory to stores. If
In this article TSLA PYPL PINS Pedestrians pass in front of Pinterest signage displayed outside of the New York Stock Exchange. Michael Nagle | Bloomberg | Getty Images Check out the companies making headlines in midday trading. PayPal, Pinterest – Shares of PayPal climbed more than 3% as Pinterest shares tumbled more than 12% after
Investors in ViacomCBS (NASDAQ:VIAC) will be watching the company’s third-quarter earnings release on Nov. 4 to see how well its free cash flow (FCF) performs. This could have a major effect on the VIAC stock price. Source: Jer123 / Shutterstock.com That could not happen at a better time, since the stock is at a six-month
If I had a pet, I could love Zomedica (NYSEAMERICAN:ZOM) and its services — but its stock is another story. In March, I pointed out that ZOM stock is “overvalued and a risky bet” because of the low acceptance rate of its Truforma platform. So far, my opinion hasn’t changed. Source: didesign021 / Shutterstock.com In
Grom Social Enterprises (NASDAQ:GROM) is a recently public social media company that is geared to kids under 13. It is also an original content provider of entertainment for kids. The problem is it has no chance of originating profits, at least based on its present financial situation. That means GROM stock is not likely to
The holidays are a season of giving, but if you’re trying to stick to a budget this year, you’re likely looking for ways to reduce your spending while still giving your family and friends presents they’ll enjoy. That’s where your accumulated credit card rewards can come in. You can gift them to others, without having to
In this article WFC A Wells Fargo logo is seen at the SIBOS banking and financial conference in Toronto Chris Helgren | Reuters Wells Fargo is developing a virtual assistant to help it convert more retail banking customers into digital users, CNBC has learned. The assistant, named Fargo, will be able to execute tasks including
Take a look at some of the biggest movers in the premarket: Pinterest (PINS) – Pinterest shares tumbled 13.2% in premarket trading after PayPal (PYPL) said it was not pursuing an acquisition of the social media company at this time. Its statement came in response to reports that it was pursuing an acquisition of Pinterest
ContextLogic (NASDAQ:WISH) is an e-commerce company that owns an online e-commerce platform, Wish.com, with 90 million monthly active users. Due to the Covid-19 pandemic hit, many people were left with no other choice but to rely heavily on e-commerce companies for food and necessities—driving WISH stock up. Source: sdx15 / Shutterstock.com Once lockdown restrictions eased
Seasoned income investors know that the secret to good dividend stocks isn’t always about the size of the yield, it’s about the consistency. Income investing isn’t a short-term game. It’s a long-term strategy, so you need quality stocks that can deliver dependable income in good times and bad. Newcomers in income or total return investing
When Skillz (NYSE:SKLZ) stock traded at a 52-week low last week, it validated the bears. Source: Rawpixel.com/Shutterstock.com The stock has a short float of more than one-fifth. How did the skeptics know that this electronic gaming and multimedia firm would fall by so much? Momentum investors tried to lift SKLZ stock a few times in
So far this month, two factors have enabled shares in Chinese EV company Nio (NYSE:NIO) to make their way back toward $40 per share. First, worries about investing in China have eased a bit. Issues like the Evergrande (OTCMKTS:EGRNF) crisis, as well as China’s crackdown on some of its largest companies, are weighing less on
Navigating the stock market is a difficult task for the inexperienced. The first step in making a successful trade is understanding how prices work and what they represent. However, one of the best approaches you can take is seeking out high-upside stocks. It is a value investing approach. A good value investor looks for companies
While virtually every business sector suffered devastating losses during the initial onslaught of the novel coronavirus pandemic, among the worst-hit industries was food services. Suddenly, once-popular eating establishments found themselves staring at zero traffic, sending restaurant stocks cratering. Fortunately, gradual acclimatization and the vaccine rollout helped bring the sector back from the brink. However, economic
In case you haven’t noticed, the whole world is in the midst of supply chain crisis. Long story short, thanks to Covid-19 disrupting global supply chains, businesses can’t find enough parts – or people – to meet demand. One of the industries hit hardest by this is the auto sector. That’s because in order to