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AMD stock falls despite topping Q4 estimates, guidance: Top earnings takeaways
Yahoo Finance· 2026-02-04 00:47
AMD fourth quarter earnings just now crossing the wire. Let's get to Young Finance tech Dan Howie for the results. Dan, what do you see.>> Shares are down more than 5% but they beat on both the top and bottom line. Uh we saw EPS of $153 on revenue of $10.3% billion. That uh was ahead of expectations of $132 and 9.6% billion.Uh we also saw uh the data center revenue come in at 9.5% uh uh sorry uh data center revenue came in at 5.4% billion versus expectations of 4.97% billion. They also gave better thanex ex ...
Iger to depart Disney as CEO, here's a look at why insider Josh D'Amaro was chosen
Yahoo Finance· 2026-02-04 00:42
It's not a surprise here, right. We've sort of had this drip drip that this was coming in recent days, but what do you think of tomorrow as the choice and I think, you know, there's some questions about whether it's going to stick this time because this this is the second attempt at putting the head of parks in charge of the company. >> Yeah, absolutely, Julie.Thanks so much for having me. Yes, this has been a long time coming, but I think this time things are a little different. I think Wall Street now rea ...
AMD is ready to scale its AI business to tens of billions in revenue by 2027, CEO Lisa Su says. 💰💸
Yahoo Finance· 2026-02-04 00:13
Our AI business is accelerating with the launch of MI400 series and Helios representing a major inflection point for the business. Based on the strength of our epic and instinct road maps, we are well positioned to grow data center segment revenue by more than 60% annually over the next three to five years and scale our AI business to tens of billions in annual revenue in 2027. Heaven. ...
Tech and crypto get slammed, Netflix co-CEO testifies on Capitol Hill on Warner Bros deal
Yahoo Finance· 2026-02-03 23:02
[music] Hello and welcome to Asking for a Trend. I'm Josh Lipton and for the [music] next half hour, we are breaking down the trends of today that'll move stocks tomorrow. There's a lot to keep track of, so we're focusing on what you need [music] to know to get ahead of the curve. Here's some of the trends we're going to be diving into.It was a tough day on Wall Street, [music] and it was a tech wreck. Software names crushed again amid new product threats [music] way on the sector. The big move we're watchi ...
Netflix co-CEO makes the case for the Warner Bros. deal. 💼💸
Yahoo Finance· 2026-02-03 23:00
A combined Netflix and Warner Brothers will strengthen the American entertainment industry, preserve choice and value for consumers, and create opportunities for creators. Netflix productions have already created more than 155,000 American jobs, contributed $225 billion to the US economy. We have filmed in all 50 states.While other media companies have been cutting back their content spending, we have increased ours. If you're wondering if we're in this for the long haul, we're spending $1 billion right now ...
Netflix co-CEO says WBD Bros deal isn't a monopoly. Why? YouTube. 😎
Yahoo Finance· 2026-02-03 22:00
YouTube is not just cat videos anymore. YouTube is TV. If you look at streaming alone, YouTube is the number one platform for viewing time.They have NFL football, the exclusive deal for the Oscars. They have a deal with the BBC to produce original programming. Some of their creators have bigger budgets than typical Hollywood television shows.I would say I would point you to the comments of of Neil, the CEO of YouTube, who just drove a point to the fact that YouTube creators are buying Hollywood studios and ...
Walmart hits $1T market cap, PepsiCo CEO talks earnings beat and GLP-1 strategy
Yahoo Finance· 2026-02-03 21:54
Market Domination anchor Josh Lipton breaks down the latest market news for Walmart officially surpassed $1 trillion valuation on Tuesday during intraday trading. Yahoo Finance Senior Reporter Brooke DiPalma reports. Snack food and soda giant PepsiCo beat fourth quarter earnings estimates. PepsiCo chairman and CEO Ramon Laguarta spoke with Yahoo Finance Executive Editor Brian Sozzi to talk about Pepsi's brand's strategy, product pricing, and adapting to consumer adoption of GLP-1 weight-loss drugs. For more ...
Disney's CEO isn't named Bob for the first time in 20+ years
Yahoo Finance· 2026-02-03 21:30
The House of Mouse has a new leader, and for the first time since 2005, his name isn't Bob. Josh Dearo, the current head of theme parks, will be the next CEO of Disney. While putting the guy in charge of Disney World and cruises might seem like an odd fit in a world dominated by digital media, the numbers speak for themselves.Disney's parks division is the company's biggest profit center, more than media and streaming and sports. And it's at the heart of that Disney magic that Wall Street and parents know a ...
SpaceX acquires xAI in a deal projected to be worth $1.25 trillion
Yahoo Finance· 2026-02-03 21:17
What do you make of this of this combination. What does it do for you as a shareholder fundamentally for the company. >> We happen to be a shareholder in both SpaceX and XAI.So, um you know, I do think it's the right move long term. Um it it does cost a lot of money to uh build a data center in space, but uh because of the non-stop uh 24 hours energy from solar and uh the you can cool it cool these data centers much more efficiently in space. So about 3 to four year period you will get back that that that c ...
Snowflake CEO on new AI coding agent Cortex Code: It will let you 'operate at a higher plane'
Yahoo Finance· 2026-02-03 20:36
We're announcing something called Cortex code which is a coding agent that is specialized to data. What that means is it it understands Snowflake intimately all its different capabilities what you need to do with everything from how you ingest data to data pipelines to creating new applications and also creating AI agents. It brings the power of AI to automating many of these tasks and it's been remarkable.We are seeing productivity gains of five to 10 times in getting jobs done and customers like Whoop whi ...