AMD Sinks 8% Despite Earnings Beat as AI Capex Fears Grip Tech
AMD and SpaceX beat Q2 estimates but shares fell as investors worried about AI capex costs. AMZN topped $3T market cap; MSFT extended gains post-earnings. Nvidia reports Aug 26.
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AMD and SpaceX beat Q2 estimates but shares fell as investors worried about AI capex costs. AMZN topped $3T market cap; MSFT extended gains post-earnings. Nvidia reports Aug 26.
Mag 7 earnings show mixed AI trade results. MSFT and AMZN surged on strong cloud/AI monetization and FCF outlook. GOOGL and META crashed on margin concerns and hazy AI monetization plans. TSLA fell o…