Wells Fargo Defends AMD as MI450 Delay Fears Weigh on Shares
Wells Fargo says AMD’s MI450 AI chips are not delayed, urges investors to buy the dip, and keeps a $345 price target.
Wells Fargo says AMD’s MI450 AI chips are not delayed, urges investors to buy the dip, and keeps a $345 price target.
Unity, Roblox, and Take-Two shares fell sharply after Google launched Project Genie, an AI tool that creates 3D virtual worlds from text prompts, sparking competition concerns.
Wells Fargo says Tesla’s U.S. solar plans triggered a selloff, but First Solar remains well positioned thanks to cost and pricing strength.
American Express (AXP) shares drop 2% after Q4 earnings miss estimates. Despite falling short, the company posted 9% transaction growth and announced a 16% dividend increase.
Charter Communications (CHTR) reports Q4 profit beat with better-than-expected subscriber numbers. Stock surges 8% on improved video additions and strong cost management despite revenue decline.
Singapore payment software company TechCreate surges 889% in one day, reaching $3B market cap with no clear reason. Company says it has no explanation for the massive rally.