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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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Apr 14, 2026 / Tyler Durden
Meta Builds Photorealistic AI Version Of Mark Zuckerberg To Interact With Employees
Meta Builds Photorealistic AI Version Of Mark Zuckerberg To Interact With Employees
Meta is developing an artificial intelligence-powered replica of CEO Mark Zuckerberg capable of engaging directly with employees, as the $1.6 trillion company intensifies its efforts to reshape itself around AI.
According to FT, the social media giant has been working on photorealistic, AI-driven 3D characters that users can interact with in real time - and has recently prioritized the development of a Zuckerberg AI character, which could provide conversation, feedback, and a stronger sense of connection to the founder for...
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Sep 25, 2026 / Tyler Durden
China's Newest Power Plant Swaps Steam For Supercritical CO2
China's Newest Power Plant Swaps Steam For Supercritical CO2
Authored by Haley Zaremba via OilPrice.com,
China just broke ground on a revolutionary new hybridized energy production and storage facility. The power plant will store excess energy in the form of molten salt, and then produce electricity during peak demand times through a supercritical carbon dioxide system. The goal of the project is to limit energy waste while also stabilizing the local power grid. The project could also inform future next-gen energy and energy storage systems, including for application in the nuclear...
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Sep 30, 2026 / Tyler Durden
Trump's $200BN Korean "Investment" Is A Gas Plant With No Customers, Eight Reactors With No Sites, And A Pipeline Seoul Calls A "Future Discussion"
Trump's $200BN Korean "Investment" Is A Gas Plant With No Customers, Eight Reactors With No Sites, And A Pipeline Seoul Calls A "Future Discussion"
A week ago, we wrote that South Korea had finally found a home for the first slice of the $350 billion it promised Trump: a $22.3 billion, 6.3GW gas plant in Encinal, Texas, with no customers, no PPA, and turbines that may not show up this decade. That left, as we put it then, "$328 billion to go."
That number is about to get a lot smaller,...
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