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Fly News Breaks for June 16, 2016
AMD
Jun 16, 2016 | 06:42 EDT
Canaccord analyst Matthew Ramsay upgraded AMD to Buy and raised its price target to $6 from $3.25. The analyst said the Zen x86 micro-architecture with 40% IPC improvement and additional significant power/performance benefits from the 28nm positions AMD once again as a viable second source in PC/notebook markets and for re-entry into the server market longer-term. Additionally, Ramsay said recent business divestitures and IP licensing provides cash to lessen balance sheet risks and VR and 4K will likely increase the gaming console refresh cycle.
News For AMD From the Last 2 Days
AMD
Apr 22, 2024 | 08:56 EDT
Friday's total option volume of 56.7 million contracts resulted in net open interest growth of 6.01 million calls and 5.28 million puts. NVIDIA (NVDA), Tesla (TSLA), Apple (AAPL) and Advanced Micro Devices (AMD) saw the greatest growth. Top five new positions opened include 50k Lyft (LYFT) May-24 20 calls, 44k Energy Transfer (ET) 4/26 weekly 16.5 calls, 43k Las Vegas Sands (LVS) Sep-24 41 calls, 23k Tesla (TSLA) 4/26 weekly 162.5 calls and 21k Papa John's (PZZA) Jun-24 57.5 puts.