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Wall Street investors are reacting negatively to the recent earnings results from tech giant Alphabet (GOOG, GOOGL) and semiconductor manufacturer Advanced Micro Devices (AMD).
Yahoo Finance tech editor Dan Howley joins Morning Brief to highlight the takeaways from AMD's latest report, including its promising first quarter guidance and flat data center revenue. The company reported an all-around fourth quarter beat on earnings estimates on Tuesday.
Meanwhile, Alphabet's (GOOG, GOOGL) results missed cloud revenue expectations, with a decline in quarter-over-quarter growth. The company's stock moved lower by as much as 7.5% in pre-market trading after mixed fourth quarter earnings results.
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This post was written by Josh Lynch
