AMD Soars on AI-Driven Earnings as Shopify and Palantir Slide, While CoinDesk Warns of North Korea Threat to Tokenized Assets
AMD shares rose after third-quarter results, with CNBC reporting a AMD stock jumps 7% on earnings as data center revenue nearly doubles.
jump driven by data-center revenue that nearly doubled on surging AI chip demand; MarketWatch also covered the earnings beat.
Shopify’s stock slid following its own earnings report, according to MarketWatch, which examined what in the results is worrying Wall Street.
Palantir Technologies shares also fell after its earnings release, CNBC reported, even as Wall Street analysts kept bullish ratings on the stock.
McDonald’s was preparing to report earnings, with CNBC noting the stock has fallen about McDonald's stock has fallen about 11% over the last year.
over the past year heading into the release.
Separately, CoinDesk explored the risk that North Korea-linked hackers could target tokenized versions of Wall Street assets, a threat the outlet examined without detailing a specific incident.
Sources: MarketWatch, CNBC, CoinDesk
This article is for information only and is not financial advice.
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