Market Optimism Surges on Shutdown Hopes, AMD Forecasts Strong Growth, Air Travel Adjusts to Safety Measures

Key TakeawaysAdvanced Micro Devices (AMD) projects robust long-term financial performance, anticipating operating margins above 35% and earnings per share (EPS) exceeding $20 within the next 3-5 years, alongside gross margins of 55-58%.US stock markets climbed as investors grew optimistic about an imminent resolution to the government shutdown, which is expected to release crucial economic data and enhance confidence in potential Federal Reserve rate cuts.US Transport Secretary Sean Duffy confirmed that a 4 ...