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Don t worry about a magic retirement number — but make sure you have this one thing

Don t worry about a magic retirement number — but make sure you have this one thing
yahoo.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from yahoo.com Daily Mail and Mail on Sunday newspapers.

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US STOCKS-Wall St to open lower as investors take cover before Fed decision

US STOCKS-Wall St to open lower as investors take cover before Fed decision
devdiscourse.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from devdiscourse.com Daily Mail and Mail on Sunday newspapers.

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AMD, Super Micro shares tumble as earnings fall short of lofty AI expectations

Executives of both AMD and Super Micro Computer said supply constraints were hampering their efforts to capitalize on demand for equipment powering the boom in generative AI

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Nasdaq, S&P 500 fall as investors take cover before Fed decision

The tech-heavy Nasdaq and the benchmark S&P 500 slipped on Wednesday as chip stocks led losses on downbeat results and markets weighed fresh economic data ahead of the Federal Reserve s interest rate.

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AMD, Super Micro Tumble as Earnings Fall Short of Lofty AI Expectations

Advanced Micro Devices and Super Micro Computer led a selloff in chip stocks on Wednesday after their earnings disappointed investors, who had piled into the sector on hopes rising AI investments would boost demand. AMD was down 5.4% and is on course to lose more than $13 billion in market value. Its forecast of $4 billion in AI chip sales for 2024 fell short of Wall Street's lofty expectations, having been used to Nvidia's massive forecasts over the past year.

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