affable Walrus_6272
commented on and voted
$Advanced Micro Devices (AMD.US)$ is releasing its Q3 2023 earnings on October 31 after the bell. How will the market react to the chip maker's quarterly performance? Vote your answer to participate!
Rewards
● An equal share of 1,000 points: For mooers who correctly guess the price range of $Advanced Micro Devices (AMD.US)$'s opening price at 9:30 AM ET November 1 (e.g., If 50 mooers make a correct guess, each of them will get 20 po...
Rewards
● An equal share of 1,000 points: For mooers who correctly guess the price range of $Advanced Micro Devices (AMD.US)$'s opening price at 9:30 AM ET November 1 (e.g., If 50 mooers make a correct guess, each of them will get 20 po...
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affable Walrus_6272
voted
Big tech companies, particularly $Apple (AAPL.US)$, boosted the market despite the Federal Reserve's rate hike and the banking crisis. Financial stability concerns and cooling inflation data dampened market sentiment, leading to expectations of an interest rate cut. However, as the month progressed, stocks rebounded, driven by the AI trend. Market participants now anticipate the Fed to pause its rate hike in June due to higher inflation probability.
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affable Walrus_6272 : It should be down