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AMD Dumps & Pumps (To New Record High) After Beat-And-Raise
AMD Dumps & Pumps (To New Record High) After Beat-And-Raise
Just wow...
AMD shares initially puked after results dropped showing top- and bottom-line beats:
EPS: $1.37 vs. $1.29 adjusted expected
Revenue: $10.25 billion vs. $9.89 billion expected
But now they are exploding higher after the second-largest AI chipmaker raised estimates:
For the second quarter, AMD said it expects about $11.2 billion in revenue, versus expectations of $10.52 billion, according to LSEG
That is a new record high...
Revenue jumped 38% from $7.44 billion a year ago, the company said in a release on Tuesday, beating in every segment...
Data center...
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Aug 17, 2026 / Tyler Durden
Israel Threatens Return Of Lebanon War After Unleashing Deadliest Airstrikes Since Ceasefire
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Despite a June ceasefire technically being in effect, new weekend Israeli attacks on southern Lebanon mark the deadliest escalation since fighting largely came to a halt earlier this year.
The Saturday attack saw eleven Lebanese killed - among them three children - and 19 injured after Israeli warplanes bombed several areas. It's by far the biggest mass casualty event since the ceasefire took effect, also in terms of extent of destruction.
Flattened neighborhood in the southern Lebanese village of Deir...
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Aug 14, 2026 / Tyler Durden
Russia Quickly Rejects Ukraine's Offer Of Ceasefire On Black Sea Shipping
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Ukraine has quietly floated a deal through a third-party mediator to halt reciprocal strikes on civilian vessels in the Black Sea, Reuters reports, in what appears to be a calculated bid to unfreeze a critical global commodity corridor and to relieve pressure on Ukraine's battered wartime economy.
The maritime artery remains a vital economic lifeline for both nations, channeling massive volumes of grain and agricultural supplies to world markets - especially the Middle East and Africa - but there's now...
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Aug 8, 2026 / Jacob G. Hornberger
Will Congress Reenact the McCarran Act?
Now that the Trump administration is telling America that communism, once again, poses a grave threat to US “national security,” the question naturally arises: Will the US government revive the programs that protected us from the Reds during the 45 years of the national-security establishment’s old Cold War racket? If so, right at the top […]
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