Locator: 50721ARCHIVES.
Locator: 50721AMD.
AMD: earnings out today -- after the close -- after hours, before earnings -- AMD holding its gains today -- numbers are out --
- beat but basically in line with what the whisper numbers probably were --
- most important share price -- after hours, shares: up 1.33% --> up as much a 1.7%; after a huge day before the close. Holy mackerel, now AMD is up 3% in the after hours.
- gross margin at record -- 55% gross margin -- again, remember this is AMD -- the #2 just months ago and has now caught up with Nvidia.
MU: holy mackerel. MU was up $64 during the day; now after AMD's numbers are out, MU is up another $7 after hours.
Today's meme: we're in the middle of a prolonged, unpopular war -- mainstream media. And yet, the market continues to do incredibly well. I'll come back to this later, if I remember, if I have time.
Headline today: Iran has relaxed transit rules without any quid pro quo from the US.
It's being reported by some sources that Iran will now allow ships to transit the strait but ships must adhere to Iran's e-mailed instructions. This has all the fingerprints of Saudi Arabia and China demanding that Iran find some solution to getting those ships through the strait. Trump: that's a nice first step, but let's see "all" ships get through. And sooner than later, no controls through e-mail. This certainly looks like Iran has blinked; it's interesting that The New York Times has not yet reported this.
Covid vaccines: evidence -- overwhelmingly safe. The government did what it could do to hide that evidence. Link here. Warms the cockles of my heart. Link here. I think I've had not less then five Covid "shots." It was also during this period that I began taking annual flu "shots" again.
