Earnings Blowout Sends AMD Surging To Record Highs

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Earnings Blowout Sends AMD Surging To Record Highs

Following a blowout second-quarter earnings and revenue beat, Advanced Micro Devices (AMD) hiked its full-year forecast, citing an increase in chip demand as the work-from-home trend flourishes around the world. In response, the equity is swimming in …
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Crypto Markets' Value Of $323B Shows Investor Interest

With a market value of $323 billion according data from cryptocurrency tracker CoinMarketCap, the crypto market is attracting a wealth of new, prominent investors and traders, according to Nairametrics. The world of digital coins is swelling as of late, due to …
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JC Penney lawyer says chain is going forward with sale

NEW YORK — An attorney for J.C. Penney Co. told a bankruptcy judge Wednesday that the retailer is going forward with a sale of its business and expects the deal to be completed by the fall. The potential sale comes as Plano, Texas-based Penney is …
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Sprouts Farmers Markets' Q2 tops Wall Street views

Sprouts Farmers Markets Inc. said Wednesday that the coronavirus pandemic drove a 9.1% increase in in-store sales in the second quarter. For the quarter ended June 28, the Phoenix, Ariz.-based company reported a profit of $67 million, or 57 cents a share, …
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Qualcomm soars after striking patent deal with Huawei

Qualcomm reported third-quarter earnings on Wednesday. Qualcomm announced a long-term patent agreement with Huawei, settling a major unanswered legal question for the company. But the company said it expected 5G handset shipments would be …
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