$Advanced Micro Devices (AMD.US)$ what happened over night g...
$Advanced Micro Devices (AMD.US)$ what happened over night guys? ehats the bad news?
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JayMoon07 : $ASML Holding (ASML.US)$ u get yr ans here
Salmon Klein OP JayMoon07 : asml earnings you mean? what's with that? bad earnings = amd bad?
JayMoon07 Salmon Klein OP : All tech are dipping, not limited to amd
Salmon Klein OP JayMoon07 : actually asml earnings are great? but also dropping hahaha what a joke
ISTJ Salmon Klein OP : it’s actually a double beat https://www.cnbc.com/2024/07/17/asml-earnings-report-q2-2024.html
Fox River : The miraculous fall of Mone, as strange as the 711.
Salmon Klein OP ISTJ : yeah is beating expectations right? I just read...so why the hell markets are bleeding ...I dont understand earnings at all, probably priced in already
ISTJ Salmon Klein OP : The news said it was because of the Biden administration wanted to strenghten the export restriction against China, so the expectation is impacted. idk, maybe, but Biden is too desperate to do any crazy things to keep the false hope for the coming election. That guy needs to stay in a mental care center rather than the white house
JayMoon07 : If u follow the tech stocks, u will know that dell and micron also had the same story. Ppl value the future order more than the order u made in the last quarter![[undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36 "undefined")
Salmon Klein OP ISTJ : Hahaha, sure, but ASML is a European company, we don't follow the rules from the US government, although some alignment is present. The Netherlands was complaining about those restrictions to China, and I believe ASML will keep on doing business in China
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