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Shares of Spear Alpha ETF (NASDAQ:SPRX – Get Free Report) dropped 0.8% during mid-day trading on Tuesday . The company traded as low as $21.70 and last traded at $21.78. Approximately 50,240 shares changed hands during trading, a decline of 52% from the average daily volume of 103,808 shares. The stock had previously closed at […]
Advanced Micro Devices, Inc (NASDAQ:AMD) claims it holds a 33% share in the server CPU market as it prepares to launch its next-gen “Turin” processors and unveils a GPU roadmap following the MI300 product line, the Register reports. During the JP Morgan Global Technology, Media, and Communications conference, Jean Hu, AMD’s CFO, highlighted the company’s growth in servers, CPUs, and GPUs. The stock is trading higher on Tuesday. She noted AMD’s partnerships, such as with Microsoft Corp (NASDAQ:MS
Software solutions provider Snowflake (NYSE: SNOW) reported a moderate start to the fiscal year with first-quarter revenue topping expectations. Although the company missed on earnings estimate, upbeat guidance sent shares up by 4.4% in after hours on May 22, 2024.
Advanced Micro Devices, Inc (NASDAQ: AMD) was trading flat Tuesday ahead of its first-quarter earnings print set to take place after the market closes.
The Spear Alpha ETF (SPRX) is concentrated in about 26 holdings and almost everything in the portfolio is seen benefiting somehow from artificial intelligence.