588,824-$7.815.22%$141.82[Oneok][OKE]• Vol: 2,182,220-$4.555.21%$82.78[CVS Health][CVS]• Vol: 2,196,770-$3.684.78%$73.32[Fair Isaac][FICO]• Vol: 111,384-$58.024.53%$1,223.63[Molina Healthcare] [MOH]• Vol: 263,890-$6.424.11%$149.80 5,463,233+$8.24+4.63%$186.40[Royal Caribbean Cruises][RCL]• Vol: 564,474+$12.94+4.27%$315.58## Top Losing Stocks[Expeditors International of Washington][EXPD]• Vol: Meta Just Handed AMD a Deal That Should Terrify Nvidia - 24/7 Wall St.[S&P 5006,880.10 +0.47%][Dow Jones49,222.20 +0 ...

Meta (META) and AMD (AMD) are entering into a multiyear agreement that will see Meta purchase upward of 6 gigawatts' worth of AI chips as part of its massive AI build-out. As part of the deal, announced Tuesday, AMD will issue Meta 160 million shares of common stock that will vest in a series of tranches if AMD hits certain milestones, the first of which will hit when AMD ships its first 1 gigawatt of chips. AMD shares jumped as much as 10% in premarket trading before paring those gains in the regular se ...

Meta Platforms' big capex increase bodes well for this Nvidia cloud partner.Meta Platforms (META +1.69%) has been pushing the envelope in the field of artificial intelligence (AI), integrating the technology across its advertising and social media offerings, apart from offering consumer-facing AI tools such as chatbots for businesses.However, the company's AI push comes at a sizable cost. Meta is on track to incur $115 billion to $135 billion in capital expenses this year, an increase of almost 74% over las ...

Core Insights - Nvidia's recent multiyear partnership with Meta, valued at tens of billions, has negatively impacted AMD's stock, which fell by 3% following the announcement [1] - AMD has secured a significant deal with OpenAI for 6 gigawatts of Instinct MI450 GPUs, with projected AI revenue of $14 billion to $15 billion in 2026 [1] Nvidia's Partnership with Meta - Nvidia's partnership with Meta includes deploying millions of Nvidia Blackwell and Rubin GPUs, Grace CPUs, and Spectrum-X networking technology to enhance Meta's AI infrastructure [1] - This partnership marks the first large-scale use of Nvidia's Grace-only CPUs in production applications at Meta, promising improvements in performance per watt [1] - Analysts estimate the deal's value could reach tens of billions, as Meta accounts for about 9% of Nvidia's revenue, intensifying competition in the server CPU market [1] AMD's Position and Future Prospects - Despite the market reaction, AMD maintains a diversified supplier strategy, using in-house MTIA chips and AMD GPUs, which helps manage costs and supply risks [1] - AMD's stock remains positioned for recovery, with significant upcoming product launches, including the MI 500 debut in 2027 and ramp-up of the MI455-powered Helios platform [1] - AMD's data center revenue grew 39% year-over-year in Q4, and the company anticipates revenue growth exceeding 35% annually over the next three to five years, with data center revenue growing at over 60% CAGR [1] Valuation and Investment Opportunity - AMD trades at approximately 19 times next year's earnings, below Nvidia's 23 times, reflecting its growth potential in AI and data centers [1] - Analysts forecast a 46% CAGR for AMD over the next five years, with the recent stock dip presenting a potential buying opportunity for investors [1]

Company News - Nvidia (NVDA) shares surged by 2.6 percent following the announcement of a multi-year strategic partnership with Meta (META) to enhance on-premises, cloud, and AI infrastructure, enabling large-scale deployment of Nvidia CPUs and millions of GPUs [2] - Micron (MU) shares spiked by 5.9 percent after David Tepper's Appaloosa Management increased its holdings in the company by 200 percent [3] - Amazon (AMZN) shares jumped by 2.7 percent after Bill Ackman's Pershing Square raised its stake in the company by 65 percent during the fourth quarter [3] Economic Data - Positive sentiment in the market was bolstered by U.S. economic data, including a report from the Federal Reserve indicating that industrial production increased more than expected in January [4] - The Federal Reserve is set to release the minutes of its latest monetary policy meeting, which may provide insights into the future outlook for interest rates [4] Sector Performance - Gold stocks experienced a 3.5 percent surge, driven by rising prices of the precious metal, as reflected in the NYSE Arca Gold Bugs Index [4] - The NYSE Arca Computer Hardware Index rose by 2.5 percent, indicating considerable strength among computer hardware stocks [5] - The Philadelphia Oil Service Index increased by 2.3 percent, supported by a spike in crude oil prices, contributing to strength in oil service stocks [5] - Other sectors such as brokerage, semiconductor, and software stocks also showed notable strength, while utilities and commercial real estate stocks faced declines [5] International Markets - In the Asia-Pacific region, stock markets mostly moved higher, with Japan's Nikkei 225 Index up by 1.0 percent and Australia's S&P/ASX 200 Index climbing by 0.5 percent [6] - Major European markets also saw gains, with the U.K.'s FTSE 100 Index up by 1.4 percent, the German DAX Index up by 1.2 percent, and the French CAC 40 Index up by 0.8 percent [6]