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07.05.26 - 15:24
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AMD Rallies After AI Demand Fuels Blockbuster Forecast (Bloomberg)
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Advanced Micro Devices Inc., the leading challenger to Nvidia Corp. in AI computing chips, soared to a record in early trading after a flood of data center spending bolstered its sales forecast.
Second-quarter revenue will be $11.2 billion, plus or minus $300 million, the company said in a statement Tuesday. That compares with an average analyst prediction of $10.5 billion, according to data compiled by Bloomberg. Bloomberg's Kunjan Sobhani joins Bloomberg Intelligence to discuss. (Source: Bloomberg)...
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07.05.26 - 14:54
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Iran War: Stocks Build on Gains as Traders Await Truce Update | The Opening Trade 5/7/2026 (Bloomberg)
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Global equities have shaken off their war-driven losses as optimism for a resolution to the conflict added momentum to a rally that's been powered by revived expectations for artificial intelligence. The resumption of oil flows through Hormuz would also reduce risks around the war's economic impact.
The Opening Trade has everything you need to know as markets open across Europe. With analysis you won't find anywhere else, we break down the biggest stories of the day and speak to top guests who have skin in the game. Hosted by Anna Edwards, Guy Johnson and Tom Mackenzie. (Source: Bloomberg)...
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