Market gains, AMD acquires ZT Systems: Market Domination Overtime

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Nasdaq Composite Nouvelles

Julie Hyman,Josh Lipton,Palo Alto Networks

All three of the major market indexes (^DJI, ^IXIC, ^GSPC) round out Monday's trading day in positive territory, the S&P 500 and Nasdaq Composite closing...

) round out Monday's trading day in positive territory, the S&P 500 and Nasdaq Composite closing their eighth straight day of gains. Market Domination Overtime hostsThere's the closing bell on Wall Street and now it's market domination over time.A rally across the board here.The S and P 500 now up for eight straight sessions and you can see some strength here into the close up by nearly 1%.

But this is just supporting the everything rally that I'm talking about here is the leaders even bonds, LQD.You don't usually see those leading a risk rally but in the upper left we have socks, we got chip stocks up over 15% ipos coming back are components.Uh just I believe towards the close. Well, uh, earnings came out, you know, pretty, pretty positively, uh, I think certainly on the retail side, we were listening to any shifts in consumer sentiment and we, we did hear that, but that was largely expected.Well, beyond what analysts circus are expecting, we still have a big name coming up next week.Uh So, you know, the, the, the bar is very, very high for those, but those are the companies that everyone's looking at for upside at this point.

Uh, we know that some, a lot of what, what Harris brought up last Friday were things that Biden was trying do for quite some time but could never get them through Congress. I think the most important thing to do is wait and see what actually happens and, and, and sort of react if even necessary as we know from history.

Um And it looks like the company's first quarter forecast for earnings per share is also above what analysts had been anticipating.Ns aura the CEO talking that basically creating a platform that you then can sort of layer on different security abilities that that clients can buy.Yeah, it's, it's basically meaning locking in customers for the long term with different bundling and initiatives.

A MD is taking aim at the throne today, the chip maker agreed to buy server maker ZT systems in a cash and stock deal valued at $4.9 billion.So Corey does, how far does this take AMD towards challenging NVIDIA?Yeah, it takes them further and it makes up for a more complete offering from AMD.

 

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