BREAKING: Snowflake $SNOW jumps 33% after beating earnings & announcing a $6B deal with $AMZN for access to AWS Graviton chips over the next 5 years
The stock market crash continues‼️
Everything getting wrecked outside of massive market cap companies.
If massive market cap stocks were doing as bad as the smallers the S&P 500 would be down 25%+.
Around 40% of all stocks in Russell 3000 are down 30%+
Close to 70% are down double digit percentage.
Buy heavy next 2-3 months quality under $100bil market caps. Load the boat. My personal focus will be there.
$AMZN stock is all over the place, currently up 1%
Rev: $181.52B vs $177.30B expected
EPS: $2.78 vs $1.64
Q2 Operating Income Guide:
$20B - $24B vs $22.65B expected
Anthropic is reportedly planning to add $AMD to its chip stack!
That means it will run on every major platform: $NVDA, $GOOG, $AMZN… and now $AMD.
That's a massive vote of confidence for $AMD.
And it's not just Anthropic, OpenAI is already on board.
Meta signed a 6-gigawatt deal across multiple AMD generations.
The biggest AI players are starting to rely on AMD.
Stock just hit an all-time high and market cap is now $453B.
Analysts think it could hit $1 trillion by 2028, that is still a 120% move from here...