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You are here: Home / Archives for US Top News and Analysis

AMD drops despite topping estimates in latest quarter. Here’s what the pros are saying

August 2, 2023 by US Top News and Analysis

Pros on CNBC discussed AMD after second-quarter earnings and revenue beat estimates but forward guidance fell short of what analysts had estimated.

Filed Under: Uncategorized

AMD forecast, U.S. credit downgrade drags down chip stocks

August 2, 2023 by US Top News and Analysis

Chip stocks dipped Wednesday, after AMD reported a gloomy forecast that may have spooked investors across the sector.

Filed Under: Uncategorized

Third Point’s Dan Loeb reflects on tough first half for his hedge fund, which lags the market by 20%

August 2, 2023 by US Top News and Analysis

Third Point’s flagship offshore fund was up only 1.1% in the second quarter, bringing its 2023 loss to 3%, according to his latest investor letter.

Filed Under: Uncategorized

FDA warns some Tydemy birth control pills may not be effective, could result in unexpected pregnancy

August 2, 2023 by US Top News and Analysis

The pills tested low for ascorbic acid, which could reduce their effectiveness and result in unwanted pregnancy, the FDA said.

Filed Under: Uncategorized

IRS unveils ‘paperless processing initiative’ for taxpayers. Here’s what to expect

August 2, 2023 by US Top News and Analysis

The IRS will offer digital correspondence for the 2024 season and aims to provide “paperless processing” for tax returns in 2025. Here’s what to know.

Filed Under: Uncategorized

Here’s the trade on Apple ahead of Thursday’s earnings, according to analysts

August 2, 2023 by US Top News and Analysis

Apple is set to report fiscal third-quarter results after the stock market closes Thursday.

Filed Under: Uncategorized

Capitol Police reopen Senate buildings after finding no active threat

August 2, 2023 by US Top News and Analysis

No injuries were reported and no shooter was located, a spokesman for the Metropolitan Police Department told CNBC.

Filed Under: Uncategorized

Treasury Secretary Yellen says surprising Fitch downgrade is ‘entirely unwarranted’

August 2, 2023 by US Top News and Analysis

Treasury Secretary Janet Yellen called out Fitch’s decision to downgrade the United States credit rating to AA+ from AAA.

Filed Under: Uncategorized

The Fitch analyst behind the U.S. downgrade breaks down the decision—and how the country can regain the top rating

August 2, 2023 by US Top News and Analysis

Fitch Ratings’ Richard Francis told CNBC that the rating agency would need to see a long-term fiscal solution and a reduction of its debt.

Filed Under: Uncategorized

Elon Musk tweets and Twitter bots drove up price of FTX-listed altcoins, research finds

August 2, 2023 by US Top News and Analysis

Sam Bankman-Fried and his crypto hedge fund Alameda Research benefitted from the fake bot activity on Twitter, which drove up the prices of several altcoins.

Filed Under: Uncategorized

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