Matt Bryson, Wedbush Securities Equity Research managing director, reacts to Advanced Micro Devices' results on "Bloomberg The Close." AMD said fourth-quarter revenue will be roughly $9.6 billion. Though analysts had estimated $9.2 billion on average, some projections ranged as high as $9.9 billion. ...

Group 1: AMD Earnings Report - AMD reported a strong third-quarter performance with a revenue beat of $500 million and an EPS guidance of $400 million, driven by significant growth in gaming and client segments [3][4] - The data center segment revenue increased by 22% year-over-year, while gaming revenue surged by 181% annually, attributed to the refresh of Sony and Microsoft gaming systems [2][3] - AMD's stock had previously risen by approximately 50% over the past month, influenced by strategic partnerships with OpenAI and Oracle, positioning AMD as a competitor to Nvidia in the AI accelerator market [5][6][14] Group 2: Market Sentiment and AI Competition - Concerns were raised about AMD's ability to compete with Nvidia's AI accelerators, but recent agreements with major companies suggest a positive outlook for AMD's long-term prospects [6][7] - The China AI business was excluded from AMD's quarterly results and guidance due to uncertainties in the market, indicating a cautious approach [9][10] - Analysts believe that AMD's valuation remains attractive, especially as the company continues to demonstrate its capabilities as a viable alternative to Nvidia in the AI space [15][16] Group 3: Pinterest Earnings Report - Pinterest's fourth-quarter revenue outlook is projected between $1.31 billion and $1.34 billion, which is below consensus estimates [18] - The company reported 600 million monthly active users in Q3, surpassing estimates, but only added 1 million users in the lucrative US and Canada market, which accounts for about 75% of revenue [19][20] - Concerns about user growth in key markets have led to a cautious outlook for Pinterest's future revenue growth [19][20] Group 4: Cava Earnings Report - Cava reported a slight revenue beat at $292.2 million, compared to Wall Street's expectation of $291.5 million, but missed on adjusted EPS [21][22] - Same-store sales growth was only 1.9%, below the projected 2.7%, leading to a downward revision of the fiscal year outlook for same-store sales growth to 3% to 4% [22][24] - The company noted macroeconomic headwinds and a strong prior year as factors affecting performance, indicating challenges in sustaining growth [23][24] Group 5: Rivian Earnings Report - Rivian reported Q3 revenue of $1.56 billion, exceeding expectations and reflecting a 78% year-over-year increase due to a pull forward in deliveries [27][28] - The company posted a loss per share of 65 cents, better than the expected 71 cents, and achieved a gross profit of $24 million, marking a recovery from previous losses [27][28] - Rivian maintained its full-year loss projection amid challenges from the loss of the federal EV tax credit [28] Group 6: Cognizant and AI Partnership - Cognizant announced a partnership with Anthropic to utilize Claude as the preferred AI model for businesses, emphasizing the shift towards AI-driven services [30][32] - The company claims that 30% of its code is now written by machines, highlighting the integration of AI in software development processes [34][38] - Cognizant positions itself as an "AI builder company," focusing on reinventing business processes through AI technology and infrastructure [39][40][42]

Asking for a Trend anchor, Josh Lipton reports the latest market trends for November 4, 2025. AMD reported earnings that beat Wall Street's expectations on the top and bottom lines. Benchmark Company managing director and senior semiconductor research analyst Cody Acree breaks down the earnings print and AMD's position in the Nvidia-dominated AI chip space. Rivian Automotive reported better-than-expected third quarter results. Cava reported third quarter earnings that fell short of estimates. The company al ...

[Music] Hello and welcome to Market Domination. I'm Josh Lipton live from our New York headquarters. There's less an hour to go until the closing bell.Stocks under pressure here and it's an even uglier day for crypto. Nes Frey joining us now to break down the headlines. Nez, what are you watching.Josh, all three major averages right now are down. Uh technology leading to the downside. So, we're watching the NASDAQ composite.It was down about almost 2% at the lows of the session. The S&P 500 down more than 1 ...

New York Stock Exchange-listed chipmaker Sequans (SQNS) has sold 970 Bitcoin to pay off debt just four months after pivoting to a digital asset treasury strategy, the company announced on Tuesday. The Paris-based firm, which started buying the leading cryptocurrency in July, said that it had pared its holdings to 2,264 BTC from 3,234 of the asset. Those assets are now worth about $228 million  Semiconductor manufacturer Sequans slashed its outstanding debt 50% to $94.5 million from $189 million.  Sequans st ...

Astera Labs (NasdaqGS:ALAB) Q3 2025 Earnings Call November 04, 2025 04:30 PM ET Company ParticipantsHarlan Sur - Executive Director of Equity ResearchMike Tate - CFOJitendra Mohan - CEOSanjay Gajendra - President, Co-Founder, and COOLeslie Green - Head of Investor RelationsQuinn Bolton - Managing Director and Equity ResearchBlayne Curtis - Managing DirectorConference Call ParticipantsSebastien Naji - Equity Research AnalystTore Svanberg - Managing Director and Senior AnalystMehdi Hosseini - Senior Equity Re ...

Skyworks Solutions (NasdaqGS:SWKS) Q4 2025 Earnings Call November 04, 2025 04:30 PM ET Company ParticipantsEdward Snyder - Managing DirectorPhilip Carter - SVP and CFOPhilip Brace - CEO and PresidentRajvindra Gill - VP of Investor RelationsPeter Tang - VP of MarketingSam Feldman - Equity Research AssociateConference Call ParticipantsNone - AnalystCraig Ellis - Director of Research and Senior Semiconductor and Capital Equipment AnalystJim Schneider - Senior Equity AnalystHarsh Kumar - Managing Director and S ...

Astera Labs (NasdaqGS:ALAB) Q3 2025 Earnings Call November 04, 2025 04:30 PM ET Company ParticipantsHarlan Sur - Executive Director of Equity ResearchMike Tate - CFOJitendra Mohan - CEOSanjay Gajendra - President, Co-Founder, and COOLeslie Green - Head of Investor RelationsQuinn Bolton - Managing Director and Equity ResearchBlayne Curtis - Managing DirectorConference Call ParticipantsSebastien Naji - Equity Research AnalystTore Svanberg - Managing Director and Senior AnalystMehdi Hosseini - Senior Equity Re ...

Skyworks Solutions (NasdaqGS:SWKS) Q4 2025 Earnings Call November 04, 2025 04:30 PM ET Speaker3Thank you for standing by. My name is Kathleen, and I will be your conference operator today. At this time, I would like to welcome everyone to the Skyworks Fourth Quarter for Year 2025 Earnings Call. All lines have been placed on mute to prevent any background noise. After the speaker's remarks, there will be a question-and-answer session. If you would like to ask a question during this time, simply press star fo ...

Astera Labs (NasdaqGS:ALAB) Q3 2025 Earnings Call November 04, 2025 04:30 PM ET Speaker6Thank you. I'll now turn the call over to Leslie Green, Investor Relations for Astera Labs. Leslie, you may begin.Speaker4Good afternoon, everyone, and thank you, Eric. Welcome to Astera Labs' third quarter 2025 earnings conference call. Joining us on the call today are Jitendra Mohan, Chief Executive Officer and Co-founder; Sanjay Gajendra, President and Chief Operating Officer and Co-founder; and Mike Tate, Chief Finan ...