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AMD Crashes Despite Big Beat, CapEx Almost Triple Expectations

AMD Crashes Despite Big Beat, CapEx Almost Triple Expectations AMD beat on its top- and bottom-line: Revenue: $11.54B vs $11.28B expected Adjusted EPS: $1.66 vs $1.62 expected Good news. With Data center revenue up 107% year over year to  $6.72B, better than the $6.6B expected. More good news. As Bloomberg reports, last month, Chief Executive Officer Lisa Su rolled out new products that the company said will outperform offerings from Nvidia, adopting a more aggressive stance in a market it predicts will reach $1.4 trillion by 2030. That further raised already lofty investor expectations. The chipmaker forecast that...
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Jul 24, 2026 / Tyler Durden
Not Giving The Pentagon $1.5 Trillion Is the 'Greatest Threat' Facing The US, Hegseth Claims
Not Giving The Pentagon $1.5 Trillion Is the 'Greatest Threat' Facing The US, Hegseth Claims Authored by Dave DeCamp via AntiWar.com, Secretary of War Pete Hegseth, during a Congressional hearing on Tuesday, said a failure to appropriate $1.5 trillion for the Pentagon’s Fiscal Year 2027 (FY27) budget constitutes the “greatest threat” to US national security. Hegseth, joined by Chairman of the Joint Chiefs of Staff Dan Caine and Agriculture Secretary Brooke Rollins, appeared before the Senate Appropriations Committee on Tuesday to discuss the Trump administration’s request for an additional $87.6 billion in supplemental spending. Hegseth...
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Jul 20, 2026 / Tyler Durden
NASA Warns Scientists Understating Worst-Case Solar-Storm Scenario
NASA Warns Scientists Understating Worst-Case Solar-Storm Scenario As if the growing risk of a global economic disaster springing from the US-Israeli war on Iran weren't enough to worry about, researchers at NASA's Goddard Space Flight Center are warning that miscalculations and false assumptions may have resulted in an enormous underestimation of the worst-case effects of a solar storm.  Solar storms are events in which the sun experiences a massive explosion of energy, charged particles and magnetic fields. From solar flares to coronal mass ejections (CMEs), these explosions pose a danger to...
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Apr 28, 2026 / Tyler Durden
Trump Belatedly Blasts Merz Over Pointed Iran War 'Humiliation' Remarks 
Trump Belatedly Blasts Merz Over Pointed Iran War 'Humiliation' Remarks  President Trump on Tuesday belatedly hit back at Chancellor Friedrich Merz after on Monday the German leader told students in a talk that the United States is being “humiliated” by Iranian leaders, amid struggling on-and-off negotiations, and as a crisis in the Strait of Hormuz shows no signs of de-escalating. Merz had said he didn’t see "what strategic exit the Americans are now choosing" while simultaneously describing that Tehran’s negotiators are proceeding "very skillfully - or indeed very skillfully not negotiating." The result,...
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