AMD stock | All time high

 

• Technology

AMD Stock Rises After Chipmaker Raises Financial Targets

 Licensing

• PATRICK SEITZ
• Updated 04:37 PM ET 11/12/2025

Wall Street analysts gave positive but cautious takes on the long-term strategy outlined by chipmaker Advanced Micro Devices (AMD) at its financial analyst day in New York City. AMD stock rose Wednesday.

At the event on Tuesday, AMD forecast revenue increasing over the next three to five years at a compound annual growth rate (CAGR) above 35%. It expects a greater than 60% revenue CAGR for its data center business, fueled by its artificial intelligence processors.

The company also predicted an adjusted operating profit margin greater than 35% and sees adjusted earnings per share exceeding $20. It forecast gross margins in a range of 55% to 58%, from the current 54%.

"AMD is entering a new era of growth fueled by our leadership technology roadmaps and accelerating AI momentum," Chief Executive Lisa Su said in a news release. "With the broadest portfolio of products and our deepening strategic partnerships, AMD is uniquely positioned to lead the next generation of high-performance and AI computing. We see a tremendous opportunity ahead to deliver sustainable, industry-leading growth. We have never been better positioned."

Further, AMD now sees a total addressable market for its data center products of $1 trillion by 2030, compared with $200 billion this year.

AMD Stock Nears All-Time High

On Tuesday, following the afternoon event, AMD stock closed at 237.52, down 2.7% for the day.

However, on the stock market today, AMD rose 9% to 258.89. It is now just below its record high of 267.08, reached on Oct. 29.

Meanwhile, shares of Nvidia (NVDA), AMD's main AI chip rival, rose a fraction to close at 193.80. Nvidia stock has struggled on news this week that investor SoftBank had sold its stake in the chipmaker.

AMD highlighted Meta Platforms (META), OpenAI and Oracle (ORCL) as buyers of its AI processors. It is currently shipping Instinct MI350 series graphics processing units. It will deliver Instinct MI450 series GPUs in the third quarter of 2026, followed by the MI500 series in 2027.

"While they did not announce any new customer partnerships beyond what has already been disclosed (OpenAI, Oracle, Meta, U.S. government), they did (once again) suggest the presence of additional multi-GW (gigawatt) customer engagements (we shall see)," Bernstein analyst Stacy Rasgon said in a client note. He rates AMD stock as market perform with a price target of 200.

AMD Stock Is On Two IBD Lists

At least four Wall Street firms raised their price targets on AMD stock after the company's presentation.

Melius Research analyst Ben Reitzes maintained his buy rating on AMD stock and increased his price target to 380 from 300.

"AMD made a solid pitch, emphasizing its strategic pillars of client/gaming CPUs (central processing units), server CPU, embedded, data center GPUs and networking," Reitzes said in a client note. "While there are customer concentration risks with OpenAI, we think the interest in the MI450 is real and has broadened out to other model providers (like Anthropic)."

Other analysts were less impressed by AMD's pronouncements. Oppenheimer analyst Rick Schafer said AMD's presentation was "more sizzle than steak." He is neutral on the stock with a perform rating.

AMD stock is on two IBD lists: IBD 50 and Tech Leaders.

Follow Patrick Seitz on X at @IBD_PSeitz for more stories on consumer technology, software and semiconductor stocks.

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• Stock Market Today

Dow Jones Hits New High, 5 Stocks Flash Buy Signals As Shutdown Nears End; Cisco Jumps On Earnings

 Licensing

• ED CARSON
• 04:51 PM ET 11/12/2025

Dow Jones futures were little changed after hours, along with S&P 500 futures and Nasdaq futures. Dow component Cisco Systems (CSCO) jumped on earnings late.

The stock market rally was mixed Wednesday, with the Dow Jones hitting a record high on expectations that the government shutdown is about to end. The Nasdaq fell, even as Advanced Micro Devices (AMD) jumped on bullish AI guidance. 

Dow banking giants Goldman Sachs (GS) and JPMorgan Chase (JPM) also broke out. Meanwhile, Citigroup (C) cleared an early buy point and Morgan Stanley (MS) topped a tight entry. Charles Schwab (SCHW) topped multiple early entries.

Goldman Sachs stock is on SwingTrader.

The video embedded in this article reviews Wednesday's market action and analyzes BeOne Medicines (ONC), Goldman Sachs and Interactive Brokers (IBKR).

Dow Jones Futures Today

Dow Jones futures rose 0.1% vs. fair value. S&P 500 futures were flat. Nasdaq 100 futures edged higher.

A House vote to end the government shutdown is expected to pass Wednesday night, following Senate approval earlier this week. The short-term funding bill will then go to the White House for President Donald Trump's signature.

Remember that overnight action in Dow futures and elsewhere doesn't necessarily translate into actual trading in the next regular stock market session.

Cisco Earnings

CSCO stock jumped in overnight action after Cisco earnings and guidance topped consensus amid strong AI orders. Cisco stock rose 3.1% to 73.96 in Wednesday's session, reclaiming a 72.55 cup-base buy point.

Stock Market Rally

The stock market rally had another Dow-led session with the Nasdaq falling slightly.

The Dow Jones Industrial Average rose 0.65% in Wednesday's stock market trading, hitting a record high, led by UnitedHealth (UNH), Goldman Sachs and Cisco. The S&P 500 index edged higher. The Nasdaq composite declined 0.3%, but held that 21-day moving average. The small-cap Russell 2000 fell 0.3%, near session lows and just holding the 50-day.

The Invesco S&P 500 Equal Weight ETF (RSP) climbed 0.2% after retaking the 50-day line Tuesday.

The First Trust Nasdaq 100 Equal Weighted Index ETF (QQEW) edged up 0.2%, still just below the 21-dday line.

AMD surged in a day-two reaction to its bullish guidance for AI data centers and its own chip sales. But AI valuation concerns lingered, with Palantir (PLTR) falling 3.6%, below a buy point and back near its 50-day line.

AI compute providers sank on profit and execution concerns, with Oracle (ORCL) down 3.9%, and 33.1% from its Sept. 10 peak. CoreWeave (CRWV) lost 3.35% and Nebius (NBIS) 7.7%, bringing their weekly sell-offs to 17.9% and 15.2%, respectively. Nebius has more than tripled in 2025.

U.S. crude oil prices tumbled 4.2% to $58.49 a barrel.

The 10-year Treasury yield fell four basis points to 4.07%.

ETFs

Among growth ETFs, the Innovator IBD 50 ETF (FFTY) fell 1%, still well above last Friday's intraday low but marking its worst close in two months. The iShares Expanded Tech-Software Sector ETF (IGV) sank 1.1%, with Palantir and Oracle huge holdings. The VanEck Vectors Semiconductor ETF (SMH) climb 1.3%, with AMD stock a big piece of SMH.

ARK Innovation ETF (ARKK) declined 0.7% and ARK Genomics ETF (ARKG) lost 1.8%.

SPDR S&P Metals & Mining ETF (XME) popped 2.5%. The Energy Select SPDR ETF (XLE) retreated 1.4% and the Health Care Select Sector SPDR Fund (XLV) gained 1.4%.

The Industrial Select Sector SPDR Fund (XLI) edged up 0.1%.

The Financial Select SPDR ETF (XLF) rose 0.9%. JPMorgan, Goldman Sachs, Citigroup, Morgan Stanley and Schwab are all major holdings.

Stocks In Buy Zones

JPMorgan stock rose 1.5% to 320.41, clearing a 318.01 flat-base buy point.

Goldman Sachs stock popped 3.5% to 838.97, topping an 825.25 flat-base buy point, according to MarketSurge. The RS line hit a new high.

Citigroup stock climbed 2.1% to 102.88, clearing short-term highs within a flat base while still being near the 50-day line. The official buy point is 105.59.

Morgan Stanley stock gained 2.05% to 169.91 above a 167.13 three-weeks-tight entry, an add-on buying opportunity. MS stock rebounded off the 50-day line on Friday, but has tested that area several times since clearing a prior base.

Charles Schwab stock advanced 1.65% to 97.71, above several short-term levels and breaking a downtrend line. SCHW stock is still close to the 50-day line, regained last week. Schwab rival Interactive Brokers has performed better over the last several months and is close to a flat-base buy point, but not actionable currently.

What To Do Now

The stock market rally continues to do well, though leadership has shifted somewhat. There has been a shift away from many speculative and high-octane AI-related names and toward banks as well as biotechs and drug giants. Gold has resumed its leadership.

Investors need to be aware of the sector and stock trends as well as the overall market direction. It's a time to be significantly invested, but your portfolio and watchlists could be in transition.

Read The Big Picture every day to stay in sync with the market direction and leading stocks and sectors.

Please follow Ed Carson on Threads at @edcarson1971 and X/Twitter at @IBD_ECarson for stock market updates and more.

CSCO stock | Earnings | Nov 12 2025

 

CLBT stock | Earning | Nov 12 2025

 

Retail

Shares of Swiss sneaker company On soar 20% as it raises guidance again

Published Wed, Nov 12 20255:00 AM ESTUpdated 22 Min Ago

Gabrielle Fonrouge@in/gabrielle-fonrouge@fonrougegab

 

Key Points

• Swiss sneaker brand On raised its guidance for a third time in a row as it posted results that beat Wall Street’s expectations on the top and bottom lines.
• The company said it aims to be the most premium sportswear brand on the market, which is why it won’t offer any deals during the holiday shopping season.
• Runner Hellen Obiri was wearing shoes made with On’s “LightSpray” technology when she broke the women’s record in the New York City Marathon earlier this month.

• On raised its full-year guidance for the third quarter in a row on Wednesday after the Swiss sportswear company posted another three months of double-digit growth, bucking a slowdown in the sneaker market. 

  The company, known for its innovative approach to running shoes, is now expecting 2025 sales to reach 2.98 billion Swiss francs ($3.72 billion), up from its previous guidance of 2.91 billion francs, on a reported basis. On a constant currency basis, the company anticipates sales will grow 34% from the prior year, rising from its previous forecast of 31%. 

  The forecast is slightly above the 2.97 billion francs analysts were expecting, according to LSEG. 

  “Our focus on premium, on full-price sales, on innovation, on that intersection between performance and design is just resonating very strongly with the consumer, and it’s really setting ourselves apart,” CEO Martin Hoffmann told CNBC in an interview. “You see it in the results. We have strong top-line growth, we have a strong margin, so that shows that we stay fully committed to full-price sales, and this is across all our channels.”

  Shares of On jumped more than 20% in morning trading Wednesday in New York.

  During its 2025 third quarter, the sportswear company beat Wall Street’s expectations on the top and bottom lines. 

  Here’s how On performed compared with what Wall Street was anticipating, based on a survey of analysts by LSEG:

  • Earnings per share: 47 cents in francs adjusted vs. 25 cents expected
  • Revenue: 794 million francs vs. 763 million francs expected

  LSEG updated the comparable adjusted earnings per share figure after this story was published to include earnings per share for both classes of the company’s stock.

  The company’s reported net income for the three-month period that ended Sept. 30 was 118.9 million francs, or 36 cents per class A share, compared with 30.5 million francs, or 9 cents per class A share, a year earlier.

  Excluding one-time items, On posted earnings of 43 cents per class A share.

  Sales rose to 794.4 million francs, up about 25% from roughly 636 million francs a year earlier. 

  On’s rosy results come as competitors like Nike and Hoka plan for either a sales decline or slowdown in growth, as discretionary spending stagnates and tariffs take a bite out of shoppers’ wallets. In late September, Nike said it was expecting sales in its current quarter, which runs generally from early September to early December, to fall by a low single-digit percentage as it works to reignite innovation and streamline operations. Deckers, the parent company behind On’s fellow buzzy footwear brand Hoka, trimmed its sales guidance for Hoka in October.

• Meanwhile, On is raising its sales guidance as it gears up for the holiday shopping season. Retail analysts expect most of the industry to lean heavily on discounts and promotions to drum up demand during the critical holiday shopping season, but On won’t even be offering a Black Friday discount, said co-founder and Executive co-Chairman Caspar Coppetti.

  On will be “full price through the holiday season,” Coppetti said in an interview with CNBC. “This is against the backdrop of a very competitive and very discount-driven environment currently, and so this leveling up that we’ve done, and then just being able to command a much higher selling price, really sets On apart.” 

  While On is typically sold alongside brands like Nike, Hoka and Brooks Running, its holiday strategy is similar to those of luxury names. It’s part of the company’s strategy to be the most premium sportswear brand on the market by not just offering the highest prices but also the most innovative products across footwear and apparel. 

  Still far smaller than many of the legacy brands it competes with, On has slowly been chipping away at their market share primarily through innovation, where industry leader Nike has been criticized for falling behind.

  Last year, On launched its Cloudboom Strike LS produced with its “LightSpray” technology, which makes performance running shoes using a spray gun in a matter of minutes. Runner Hellen Obiri was wearing the shoes when she broke the women’s record in the New York City Marathon by almost three minutes earlier this month.

  “That’s a very strong validation,” said Coppetti. “Runners really do pay attention to what people are wearing now when they’re in a race, because these innovations trickle down and they inform their choices.”

  Editor’s note: This story was updated to reflect that LSEG revised its comparable earnings per share figure to include estimates from both classes of stock. LSEG previously hadn’t disclosed that analysts use the combined earnings from both classes.

Cisco’s Earnings Are Expected to Rise. Results Could Be a ‘Barometer of Enterprise Demand.’

Story by Angela Palumbo

 • 2h • 

2 min read

Cisco Systems earnings could get a boost if demand for artificial intelligence infrastructure has continued to grow.

Cisco is scheduled to report fiscal first-quarter earnings after the stock market closes on Wednesday. Analysts surveyed by FactSet expect the networking company to report adjusted earnings of 98 cents a share on revenue of $14.78 billion. In the same period last year, Cisco posted earnings of 91 cents a share on revenue of $13.84 billion.

Analysts also expect Cisco to report networking revenue—the segment that brings in the most revenue for the company and includes gear used in AI data centers—to be $7.47 billion, an increase from last year’s $6.75 billion.

“Cisco’s presence snakes underneath the global tech world, meaning its results can be a decent barometer of enterprise demand,” Joe Mazzola, head trading and derivatives strategist at Charles Schwab, wrote on Wednesday. He added that when Cisco last reported earnings, it cited solid AI infrastructure orders from web companies, which is a category he believes will be closely watched Wednesday night.

Cisco CEO Chuck Robbins said in August that AI infrastructure orders they received from webscale customers in fiscal 2025 were more than double the company’s original target, “indicating a massive opportunity ahead as we lead the required architectural shift and build the critical infrastructure needed for the AI era.”

UBS analyst David Vogt is optimistic that Cisco will reap the benefits from growing AI infrastructure demand. He upgraded shares of Cisco to Buy from Neutral on Nov. 2 while raising his price target on the stock to $88 from $74.

“We expect FY26 revenue growth to exceed the 4% to 6% guide with continued strong growth in FY27 driven by AI strength as the company has secured over $2B in AI orders from webscalers while closing in on $1B in Enterprise/Sovereign related orders,” Vogt wrote.

Shares of Cisco have gained 22% this year, outperforming the S&P 500’s 16% rise. But even though there are those on Wall Street who are optimistic that increased demand will help boost Cisco’s financials, there are some who remain cautious as competition and the possibility of companies pulling back spending remain risks.

“A.I. remains a tailwind, but Street expectations may have gotten ahead of reality,” Raymond James analyst Simon Leopold wrote in a note on Nov. 3. He rates the stock as Market Perform without a price target.

Shares of Cisco were up 0.5% to $72.08 on Wednesday.

Write to Angela Palumbo at angela.palumbo@dowjones.com

美国第一家：Waymo重大突破 高速路载客正式商用

 美国第一家：Alphabet旗下Waymo将供应高速公路无人驾驶出租车。

CNBC报道：

Waymo 机器人计程车（robotaxi）如今将正式在美国三大城市的高速公路上载客，这标志着这家无人驾驶叫车公司的一个重大里程碑。

公司表示，将在旧金山、凤凰城（Phoenix）和洛杉矶市场启动高速公路行程服务，但仅在“走高速能明显节省时间”的情况下提供此类路线。Waymo 还宣布扩展至加州圣荷西（San Jose），其自动驾驶出租车现在可在圣荷西米内塔国际机场（SJC）接送乘客。

首次开放付费高速行程

Waymo（Alphabet 旗下公司）周三表示，这将是公司首次允许公众乘客在限速更高的高速公路上进行付费行程。此前，Waymo 的无人驾驶汽车仅在小型公路与城市道路上运行。

Waymo 联合执行长德米特里·多尔戈夫（Dmitri Dolgov）在发布前的记者会上表示：“高速公路驾驶看似容易，但若要实现完全自动化、在没有人类驾驶员的情况下安全运行，并达到规模化，这是非常困难的。我们花了很长时间，才把这件事做好。”

公司表示，Waymo 车辆通常会以高速公路的最高限速行驶（多数为每小时65英里），但在特殊情况下，为了安全起见，车辆可能会略微超过限速几英里。

与州安全部门协调，扩充充电基础设施

Waymo 指出，为了实现高速公路运营，公司与加州高速公路巡警（CHP）及亚利桑那州公共安全局合作，制定了扩展的安全运行规范。同时，Waymo 也为电动无人驾驶车队安装了更多充电设施，以支援新的运营范围。

在过去一年里，Waymo 已为部分 Alphabet 员工提供旧金山、洛杉矶和凤凰城间的高速路测试行程，以为正式开放做准备。产品经理雅科波·萨纳扎罗（Jacopo Sannazzaro）透露，公司在高速公路上的测试已持续超过十年，除了在公共道路和封闭场地测试外，还利用模拟环境评估车辆在合流、摩托车穿梭车道、甚至汽车翻覆等难以重现的状况下的反应。

CNBC 记者搭乘 Waymo 在旧金山湾区高速公路进行测试，从圣布鲁诺的 YouTube 办公室前往圣马刁再返回，全程在加州 101 号高速上下匝道顺畅完成，未发生任何意外。

Waymo 服务版图持续扩张

Waymo 已在德州奥斯汀、旧金山、凤凰城和洛杉矶推出无人驾驶计程车服务，并计划于 2026 年扩展至迈阿密、圣地牙哥和华盛顿特区。同时，公司也在纽约、东京测试，并预计明年在伦敦开放公众搭乘。

Waymo 周三还宣布在湾区扩展服务范围至圣荷西，包括往返圣荷西国际机场的接送服务。这是公司继凤凰城天港国际机场（Sky Harbor）之后的第二个国际机场目的地。

2023 年，Waymo 首次进入凤凰城天港国际机场服务，该地已成为其在凤凰城都会区最受欢迎的目的地。今年 3 月，公司又新增 27 平方英里的服务区，涵盖山景城（Mountain View）与帕洛阿图（Palo Alto）等城市。随着最新扩张，Waymo 在硅谷地区的服务范围已达约 260 平方英里。

特斯拉“Robotaxi”名不副实

潜在竞争对手特斯拉（Tesla）同样提供往返圣荷西机场的接送服务。乘客可通过特斯拉的“Robotaxi”应用程序叫车，但该名称并不准确——目前特斯拉的服务仍由人类司机驾驶，而非 Waymo 那种完全无人驾驶的商业化机器人出租车。这主要受限于技术成熟度与加州的许可规定。

Nov 12 2025 | premarket

 

ISRG stock | Leaderboard update

 

Weekly

MU stock | Leaderboard | MU stock 88% return on leaderboard | Joined in Sept 2025

 

Weekly 

Tom Lee on today's Closing Bell followed by Technical Analysis in the last segment

Here is the link.

Nov 10 - swing trades - PARR, TTI, VLO, CTRE

股票游戏想要赢钱，先要有赢家思维和心态

Here is the article.

过节跟朋友聚会大家听说我是搞二级市场投资的，都会问我一些问题。我发现一个规律：

• 在市场里的人输了大钱的往往问的都是问搞什么票？

• 在市场里赢了大钱的，从来不问甚至也不讨论股票，但会聊聊对大市的看法，对产业的看法，对美国的看法。

• 而不在市场里的，做别的行业的人，问的都是更加底层的问题，到底怎么赚钱？

真的很有好玩。

我觉得跟没炒股票的人聊天是最有意思的，因为他们的问题直击灵魂。这些人没有被市场每天的噪音毒害，没有在赌场厮混的人，往往看事情更加客观和清晰，到底炒股票是怎么抓钱的？！

股票投资就是个金钱游戏，玩这个游戏的时候，第一步是想先知道结果（其实所有人心里都明白）：

股票市场永远是10%的人赚钱，30%的保本，60%长期亏钱。这跟现实生活很像，最终都是财富从多数人的口袋中流出，进入到极少数人的口袋里，事实就这么残酷。

知道结果，就好去推理如何赢这个游戏的规则了，或者说财富交换的规则。

股票市场里，上市公司，代码，各种线和消息，其实只是财富交换的游戏道具，并不决定输赢。如何去玩儿这个游戏，玩法和心态，决定的这个游戏的输赢。

人性都是懒惰的，都喜欢做不劳而获的美梦。所以每个进入市场的人，都觉得自己是那10%能够赚钱的。但最后要么沦为长期亏钱的韭菜，要么就是在亏钱和保本之间反复横跳。

想弄清楚财富是怎么转移的，先要跳出股票市场，大家有没有想过一个问题，为什么这个世界上有钱人越来越有钱？穷人越来越穷？

有钱人有资源，有认知，还有一个最关键的点，就是有钱人永远在下注大概率能赢的事情，而穷人永远是在下注小概率能赢，但自己yy有很大弹性的事情。

简单来说，有钱人都是觉得风险跟理财差不多，才会下重注去赌一下可能超越理财的弹性，而穷人则每天都在买彩票。这样拉长时间看，自然是富人越来越有钱，穷人越来越穷。鱿鱼游戏2的这一幕就是最好的写照：

电影里明明都没饭吃的流浪汉，大都在面包和彩票中选择了后者。明明知道葫芦娃就是个蛇精概念，而大鹅被错杀之后早晚能爬坑回来（基本已经回来了），但穷人思维就是大鹅太肉太大太无聊，葫芦娃赌中就上岸，就算段永平都公开说开始买入了，但大家还是觉得没啥意思，还是连板的妖票更爽。

现实生活中的财富转移规律，在股票市场依然适用。能够长期赢钱的那10%的人，肯定是有认知，仓位控制的好，永远给自己留有后手，并且一直保持理性，持续下注大概率赚钱的事情的人。

穷人在遇到机会的时候，满脑子就是想all in一把上岸。但富人在遇到机会的时候，先质疑，再慢慢研究，认可之后，还要思考万一错了怎么办，会不会亏很多钱？反复印证应该风险不大，然后再用少一点的仓位去买，赚钱就好，如果真的出错了，还有大把筹码可以继续越跌越买。段永平买在364那天买大鹅就是这个思路。

第一个误区是，很多人觉得虽然赢钱概率是小的（比如彩票），但仓位小，输了也亏不了多少，万一赚了就翻番。逻辑上没错，但在执行层面很可能被市场波动带跑偏，一开始仓位小，跌了不认输，不止损，越跌越买，最后变成了大仓位买了小概率赢钱的白痴策略。

要么就是一个小仓位赌大弹性的彩票买完之后，又买了另一个彩票，然后第三个，第四个，全是小概率赢钱，但是自认为有大弹性的机会。弄到最后给自己买了一个彩票组合，最后还是逃不过满仓小概率赢钱的股票的厄运。

第二个误区就是，我说的有钱人，并不一定都是用有钱人思维炒股票的，因为我见过很多身家数亿，数十亿的大老板，在股票市场大亏特亏。但很多小散，有纪律有认知，不贪婪，懂得止盈止损，在股票市场玩儿的游刃有余。

所以准确的说，如果你想要成为那10%的股票游戏的赢家的话，你想要做到用着10%的赢家思维来炒股票。那赢家思维就还是上面说的，只做自己有认知的，仓位控制好，心态好，一定要持续的赌大概率赢钱的事情。

这个市场永远不缺输家心态的韭菜，因为贪婪、不愿意认错、羊群效应导致的过度悲观和过度乐观，本来就是人性，深藏在每个人心中。只要你以赢家心态，持续下注大概率赢钱的事情，以慢慢变富的心态，往往能收获超预期的收益，因为不缺给你送钱的loser。

但如果要是天天梦想一把上岸，除了极少数运气好的人以外，绝大部分人都是持续亏损的。