- The company earned $0.20 per share, beating estimates by $0.04 per share.
- Revenue was $2.84 billion, far higher than the consensus estimate of $2.7 billion.
- The average selling price (ASP) rose 5% while volumes rose 6%.
Cognizant Technology Solutions tanks by double digits after disclosing it is conducting a probe into its own business. Advanced Micro Devices continues to soar following an analyst report.
Advanced Micro Devices (AMD) can take market share from Nvidia (NVDA) with its new graphics chips, says Wells Fargo.
Proper short-interest analysis may help you get the direction right, but it does not give you any help on the extent of a move.