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AMD Sinks 7% Despite Earnings Beat as Oil Rises on Hormuz Risk

Reuters Read original source (opens in a new tab)
The Story

News Summary

  • Global stocks rose to record highs on tech optimism and hopes for U.S.-Iran progress.
  • AMD slumped despite beating estimates as guidance disappointed.
  • Oil rose on Red Sea attack reports and Strait of Hormuz tensions.
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AMD price history

504.13 +135.31% over the displayed period

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