AMD forecasts first revenue drop in seven quarters, shares plummet

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AMD forecasts first revenue drop in seven quarters, shares plummet

(Reuters) – Advanced Micro Devices Inc on Tuesday flagged competitive pressures with a forecast that pointed to the first revenue drop in seven quarters, sending the chipmaker's shares plunging 11 percent in after-hours trading.
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Looking for Wage Growth? Ask Latvia's Central Bank Governor

… bank governors of those euro members saw the biggest annual pay increases of the group last year, according to data compiled by Bloomberg.
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Market report: Pound suffers pre-Bank of England meeting nerves

The pound suffered a bout of pre-Bank of England meeting nerves after its deputy governor Jon Cunliffe doubled down on his interest rate hike caution.
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Stocks Stall; Dollar Maintains Gains, Metals Drop: Markets Wrap

Stocks stalled at recent highs, with the Nikkei 225 Stock Average snapping a record run of gains as the earnings season unfolded. The dollar traded at a three-month high, while metals led declines in commodities.
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Chipotle shares tank after big earnings miss

The Mexican restaurant chain has fought to win back customers after facing numerous foodborne illness outbreaks since 2015. Chipotle shares are down about 14 percent this year.
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