Diamonds and Dogs
Full speed ahead for AMD (AMD). The chipmaker is up 12% to new highs following better than expected earnings. AMD beat estimates as sales rose 26% to $1.93 billion. AMD went to raise guidance as they expect business to accelerate into year end. Take that Intel.
Aviation still taking it on the chin. Boeing (BA) is down 3% while GE (GE) is down 4% following disappointing plane sales and plane engine sales. Boeing is hoping business will pick up within the next year. Lets hope they are right.
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