All AMD’s Major Segments Grew but Sees Declines in PC Business for Q3

Advanced Micro Devices reported second-quarter earnings on Tuesday after the close of markets that essentially matched estimates for profit and revenue but guided lower for the current quarter. $AMD stock fell over 6% in extended trading. AMD is seen as having a significant market opportunity as its primary rival for PC and server processors, Intel continues to disappoint. All four of AMD’s major segments grew during the quarter, in which overall revenue soared 70% year over year. Graphics processors for … Continue reading “All AMD’s Major Segments Grew but Sees Declines in PC Business for Q3”

Intel Misses Earnings Slashing Guidance as Margins and Data Center Revenue Plunge

Semiconductor giant Intel stock plunged after another dismal earnings report and guidance cut. INTC reported adjusted second-quarter earnings of 29 cents a share, compared with $1.36 a share from a year ago. Intel is the 2nd heaviest weight in the SMH ETF and had been bid up prior to the report after the passing of the CHIPS and Science Act aimed at boosting US chip production. The offers more than $52 billion for US chipmakers as well as tax credits for domestic … Continue reading “Intel Misses Earnings Slashing Guidance as Margins and Data Center Revenue Plunge”

World’s Top Chipmaker Samsung Reports Highest Second Quarter Profit Since 2018

Samsung Electronics reported second quarter earnings with a 12% rise on Thursday on solid sales of server memory chips. However, the company warned mobile and PC chip demand would continue to weaken as macroeconomic uncertainties persist. Samsung Electronics overtook Intel as the top semiconductor maker in Q3 last year. Operating profit rose to 14.1 trillion won ($10.8 billion) for the quarter from 12.57 trillion won a year earlier, its highest second-quarter profit since 2018. Samsung’s revenue rose 21% to 77.2 … Continue reading “World’s Top Chipmaker Samsung Reports Highest Second Quarter Profit Since 2018”

Intel Sees Macro Environment Weaker Than Anticipated, Hitting Demand for Chips

Semiconductor giant Intel, the 2nd heaviest weight in the SMH ETF presented a negative outlook at the Bank of America Global Technology Conference late Tuesday after the market had closed. The company’s CFO, David Zinsner, said that the macro environment is weaker than Intel anticipated coming into the quarter. Accordingly, he expects customers to reduce inventory levels, negatively impacting demand for INTC’s chips.  Recall when INTC reported Q1 earnings on April 28, it issued downside Q2 EPS and revenue guidance … Continue reading “Intel Sees Macro Environment Weaker Than Anticipated, Hitting Demand for Chips”

Wake Up Call – The Day Ahead Jan 19, 2021

Some life in the markets after Earnings beats from Procter & Gamble (PG) UnitedHealth (UNH) Bank of America (BAC) Morgan Stanley (MS) Fastenal (FAST). Oil again supported by geopolitical threatss. The markets wait for a 20 year bond market and more earnings. A live recap of what happened while we slept overnight and what lies ahead. We go through charts on the S&P 500, Nasdaq, Russell, Oil and Natural gas. Markets again have eyes on Rates. Enjoy live commentary from Our Trading Room at youtube as … Continue reading “Wake Up Call – The Day Ahead Jan 19, 2021”

Wake Up Call – The Day Ahead Jan 12, 2021

The bounce continues in stock markets as US bonds weaken further. Oil again supported by geopolitical threats such as Kazakhstan. The markets wait for CPI after yesterday’s Fed Chair Powell inquisition. A live recap of what happened while we slept overnight and what lies ahead. We go through charts on the S&P 500, Nasdaq, Russell, Oil and Natural gas. Markets again have eyes on Rates, Open Interest Gamma levels on the S&P 500 and mega stocks like Apple and Tesla. … Continue reading “Wake Up Call – The Day Ahead Jan 12, 2021”

Wake Up Call – The Day Ahead Jan 11, 2021

The bounce continues in stock markets as US bonds weaken further. Oil again supported by geopolitical threats such as Kazakhstan. The markets wait for Fed Chair’s Powell inquisition today. A live recap of what happened while we slept overnight and what lies ahead. We go through charts on the S&P 500, Nasdaq, Russell, Oil and Natural gas. Markets again have eyes on Rates, Open Interest Gamma levels on the S&P 500 and mega stocks like Apple and Tesla. Enjoy live … Continue reading “Wake Up Call – The Day Ahead Jan 11, 2021”

Wake Up Call – The Day Ahead Jan 10, 2021

The meltdown continues in stock markets as US bonds weaken further with the different paths of Oil and stock markets after the FOMC minutes. Oil supported by geopolitical threats such as Kazakhstan impact A live recap of what happened while we slept overnight and what lies ahead. We go through charts on the S&P 500, Nasdaq, Russell, Oil and Natural gas. Markets again have eyes on Rates, Open Interest Gamma levels on the S&P 500 and mega stocks like Apple … Continue reading “Wake Up Call – The Day Ahead Jan 10, 2021”

Wake Up Call – The Day Ahead Jan 7, 2021

Ahead of NFP we look at the different paths of Oil and stock markets after the FOMC minutes. Oil higher overnight as geopolitical threats such as Kazakhstan impact A live recap of what happened while we slept overnight and what lies ahead. We go through charts on the S&P 500, Nasdaq, Russell, Oil and Natural gas. Markets again have eyes on Rates, Open Interest Gamma levels on the S&P 500 and mega stocks like Apple and Tesla on the jobs … Continue reading “Wake Up Call – The Day Ahead Jan 7, 2021”

Wake Up Call – The Day Ahead Jan 6, 2021

Oil and stock markets diverged after the FOMC minutes. Oil higher overnight as geopolitical threats such as Kazakhstan impact A live recap of what happened while we slept overnight and what lies ahead. We go through charts on the S&P 500, Nasdaq, Russell, Oil and Natural gas. Markets again have eyes on Rates, Open Interest Gamma levels on the S&P 500 and mega stocks like Apple and Tesla. Enjoy live commentary from Our Trading Room at youtube as the day … Continue reading “Wake Up Call – The Day Ahead Jan 6, 2021”