Markets News

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

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

· 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.

TOPONE Markets Analyst
2026-11-04 08:32:30
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