AMD shares rose 9% in after-hours trading after its quarterly revenue and earnings guidance both exceeded expectations. Is a tech stock rebound imminent?

Tracking trending topics

AMD shares rose 9% in after-hours trading after the company's quarterly revenue and earnings guidance both exceeded expectations. This news is positive for AMD.

The Reserve Bank of Australia raised interest rates by 25 basis points to 4.85%, as expected, reaching an 18-year high. This news is positive for the Australian dollar.

Trump: If the Federal Reserve cuts interest rates, the US can achieve a balanced budget. This news is bearish for the US dollar.

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