Advanced Micro Devices (AMD) jumped over 4% after HSBC upgraded its rating to 'buy,' citing strong performance of its new AI chips, which rival Nvidia's offerings. Analysts see further upside potential with future product launches.
PepsiCo's latest quarterly results reveal a decline in North American demand despite strong international sales. The company has cut its earnings forecast due to new tariffs and economic uncertainty, leading to a 2% drop in shares.
Tesla investors brace for more pain as Wells Fargo predicts a staggering 53% drop in stock value. With disappointing vehicle deliveries and earnings set to decline, the future looks bleak for the electric vehicle giant.
Market futures stabilize after recent sell-off triggered by Walmart's forecast. Analysts predict potential recovery as economic data releases approach, impacting investor sentiment.
