Yahoo Finance's Ines Ferre checks out markets closing this week in the green, the bond market action, the consumer discretionary sector, semiconductor stocks, and crude oil pricing.
Wedbush Managing Director & Senior Equity Analyst Dan Ives joins Yahoo Finance Live to discuss the state of Big Tech stocks, the GM chip shortage, supply chain woes, recessionary risks, and the outlook for earnings growth.
Week to date, shares of Advanced Micro Devices (NASDAQ: AMD) are down 16.5% as of 10:38 a.m. ET on Friday, according to data provided by S&P Global Market Intelligence. One analyst issued a bullish forecast for AMD on Thursday, but that was overshadowed by a disappointing earnings report from Micron Technology that weighed on semiconductor stocks toward the end of the week. Micron is a leading supplier of memory and storage chips and announced a record quarter.