Advanced Micro Devices Inc (NASDAQ:AMD) stock gained by almost 1% during Friday’s premarket session as investors digest record $5 billion bond financing plans tied to its AI buildout.Nasdaq futures are up 0.27% while S&P 500 futures have gained 0.10%.AMD is...
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Technology
Intel Makes $15 Billion Move to Fund AI Ambitions
Intel Corp. (NASDAQ:INTC) said Monday it plans to raise $15 billion through an underwritten public offering of common stock as the chipmaker looks to fund investments tied to growing artificial intelligence demand. Intel shares were trading more than 4% lower...
Microsoft Short Interest Hits Highest Level Since 2015 as Bears Dig in Ahead of Earnings
Roughly 92 million Microsoft Corp. (NASDAQ:MSFT) shares are currently sold short — 1.27% of the company’s public float — the highest percentage since May 2015 and the largest jump in short interest among the Magnificent Seven, according to S3 Partners data cited by...
