Submitted by teewelk t3_yi2qqr in wallstreetbets
Dimvo7 t1_iugz7ex wrote
AMD will beat earnings and will rip, I thin NVDA will correlate and run up with amd. Watch for Qualcomm also
iwanttogolfallday t1_iuhimqb wrote
You think they’re gonna beat after they warned that rev would be $1.3B light for the quarter? Interesting.
HesitantInvestor0 t1_iuia0c4 wrote
When expectations drop by $1.3B it makes sense that a beat may be in order. Generally companies beat next quarter on lowered guidance, and miss on raised guidance. It's logical.
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