Moves. Deirdre bosa is standing by. First to josh lipton with more on amds quarter josh reporter i caught up with rbcs mitch steeves, an amd bull he calls this a monster beat and raise, nothing negative in the print. Mitch says that he can see full raise to 32 growth, up from 25 growth. Gross margins also expected to expand thats due to the continued strength in server chips mitch saying amd clearly gaining share on intel just talking more about the report and the guidance. Calling for about 2. 55 billion, better than expected, closer to 2. 3 billion they expect 22 revenue to grow 32 . They call out strength in pc gaming and data center products. As for the two big segments in the quarter computing and graphics, 1. 37 billion that would include chips for pcs and graphics chips for gaming. That is the enterprise embedded and semicustom division, better than expected. 565 million that includes chips for the data center and also chips for game consoles and, by the way, tomorrow morning mu
Away with blaming this on the coronavirus when we know that the entire bail reform was changed he basically whats taken the largest city in america, and now were challenging chicago as a killing field. Its a tragedy. The man is a disgrace. Maria crime is surging in our largest city. New york city saw a a violent fourth of july weekend, 44 shootings, don. I saw weekend statistics, i thought i was looking at one of the Second Quarter statistics. I couldnt believe the damage of one weekend of activity. Maria should states and cities be reaching out to the federal government for help in terms of these spikes in crimes . Absolutely. And the president s been very clear about that, that localities and states, if they need assistance, then they should certainly call on the federal government. Maria broadly speaking, whether its china or tech or sectors, tell me where you want to allocate capital today. I think its time to start adding a little more defense to the portfolio now that weve alread
Away with blaming this on the coronavirus when we know that the entire bail reform was changed he basically whats taken the largest city in america, and now were challenging chicago as a killing field. Its a tragedy. The man is a disgrace. Maria crime is surging in our largest city. New york city saw a a violent fourth of july weekend, 44 shootings, don. I saw weekend statistics, i thought i was looking at one of the Second Quarter statistics. I couldnt believe the damage of one weekend of activity. Maria should states and cities be reaching out to the federal government for help in terms of these spikes in crimes . Absolutely. And the president s been very clear about that, that localities and states, if they need assistance, then they should certainly call on the federal government. Maria broadly speaking, whether its china or tech or sectors, tell me where you want to allocate capital today. I think its time to start adding a little more defense to the portfolio now that weve alread
Pointing upward the wall street journal is calling the last four months a melt up and thats what it looks like. Dow up by 83 points. S p 500 looking to open 12 points higher. Treasury yields as well. Were at. 572. Theres a mix of what theyre thinking and what the equity markets think, right melissa okay we have a we will work on the audio and hopefully get that a busy week ahead. A twoday fed meeting with a policy announcement. No major change is expected. That will tell you that but investors will watch for clues about what the central bank might do next and then on the corporate front earnings season kicks into overdrive 167 of the s p 500 companies will report. Well hear from 12 dow components and among the names likely to get a lot of attention, apple, amazon, boeing, mcdonalds, 3m, exxon and many others. This is if you like earnings, if youre excited by earnings this is going to be a big week. So far this season we heard from 128 of the s p 500 companies so well more than double t
Left. Biden taking out a chapter of the president s playbook in buy american plan and take a look at futures pointing to lower opening, down 120 on the tow and s p 500 right now down 11 points. Nasdaq closed at record high yesterday. Dow and s p 500 were in the red as coronavirus spikes raise more concerns about economic recovery. The Supreme Court delivering a mixed ruling for the president saying Manhattan Das Office can get tax returns but denying Congress Access for now, plus this could be the worst tick season ever, many symptoms mimicking coronavirus, what you need to know to stay healthy coming up next hour. Mornings with maria is live right now. Purposan markets look like this. We have gains in europe. Cac quarante up 15 and dax up 47 points. Pretty good positive tone in europe. The two of the uks biggest retailer booth and john lewis cutting more than 5,000 jobs. In asia overnight red across the board. China shanghai composite snapping winning streak after rising nearly 17 in