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Advanced Micro Devices will post fourth-quarter earnings after the bell on Tuesday.
As noted below, “Analysts expect the company to post EPS of 1.32 a share, which would be 21.1% year over year growth. Revenues are expected to come in around $9.67 billion, up 26.2% year over year. In its last earnings report, the company beat estimates with EPS of $1.20 on sales of $9.2 billion.”
Ahead of those earnings, AMD is up about $11.50 a share, or by about 5%.
Helping, analysts at RBC Capital reiterated their sector perform rating with a price target of $230 a share. As noted by Investing.com, “RBC analyst Srini Pajjuri expects AMD to beat expectations and raise guidance, driven by healthy server demand and market share gains in the processor segment.”
With Bitcoin still weak, inverse Bitcoin ETFs are starting to take off, including:
ProShares Short Bitcoin (BITI)
The ProShares Short Bitcoin (BITI) tracks the S&P CME Bitcoin Futures Index, with profitability computed daily (before fees and expenses) as the inverse (-1x) of the index’s daily performance. As Bitcoin has collapsed, the BITI ETF rallied from a recent low of $20.64 to a recent high of $24. Should Bitcoin break down even more, BITI could rally to $29.
ProShares UltraShort Bitcoin ETF (SBIT)
We can also look at the ProShares UltraShort Bitcoin ETF (SBIT). With an expense ratio of 0.95% and monthly dividends, the ETF seeks daily investment results that correspond, before fees and expenses, to -2x the daily performance of the Bloomberg Bitcoin Index.
As Bitcoin has collapsed, the SBIT ETF rallied from a recent low of $35.70 to a recent high of $46.25. Should Bitcoin break down even more, SBIT could rally to $60.
Live coverage has ended. The full story is below.
Markets are mixed again.
The S&P 500 is down 0.32%. The SPDR S&P 500 ETF (SPY) is down 0.35%. The Nasdaq is down 0.53%, as the Dow clings to a 0.02% gain.
Not helping, shares of Nvidia (NASDAQ: NVDA | NVDA Price Prediction) are dropping on a Wall Street Journal report that its plan to invest $100 billion in OpenAI stalled, with some expressing doubts the deal will happen at all. As noted by CNBC, “Despite the $100 billion deal being stalled, Nvidia plans to move forward with another investment in Open AI.”
In the days ahead, we’ll see earnings from Amazon (NASDAQ: AMZN), which is expected to post EPS of $1.97 a share for the fourth quarter. For the full fiscal year 2025, the company is expected to post EPS of $7.17, up about 30% year over year. For the full fiscal year 2026, analysts expect EPS between $7.87 and $7.91. Ahead of earnings, analysts at Wedbush reiterated an outperform rating with a price target of $340 a share.
Advanced Micro Devices (NASDAQ: AMD) will post fourth quarter earnings after the bell on Tuesday. Analysts expect the company to post EPS of 1.32 a share, which would be 21.1% year over year growth. Revenues are expected to come in around $9.67 billion, up 26.2% year over year. In its last earnings report, the company beat estimates with EPS of $1.20 on sales of $9.2 billion.
Alphabet (NASDAQ: GOOG) will post fourth quarter and full year 2025 earnings on Wednesday after market close.
Analysts anticipate EPS of about $2.58 to $2.59, or 20% to 20.5% year-over-year growth. For the full fiscal year 2025, Wall Street expects diluted EPS to grow by 31.6% annually to $10.58, followed by a 4.4% improvement to $11.04 in fiscal 2026.
Analysts at Raymond James just upgraded GOOG to a strong buy with a price target of $400 per share. As noted by TheStreet.com, “Raymond James is making the argument that Google’s AI stack is ‘shifting to high gear,’ possibly driving “material upward revisions” to medium-term estimates.”
Bitcoin has stumbled out of the gate this year, retreating sharply after its run to record highs.
The cryptocurrency is trading below $77,610, and some market participants warn the selloff may not be over. More bearish forecasts see Bitcoin falling below $60,000, with extreme downside scenarios pointing to levels near $30,000.
Several analysts cite weakening technicals and a fragile market. Crypto commentator Crypto Bitlord recently flagged $30,000 as a key long-term support level. He argues that the latest decline—triggered by a broader global market selloff—has further to run.
Plus, profit-taking has coincided with thinning liquidity and a lack of incremental buyers, according to CoinDesk. CoinDesk added that demand has faded, leaving prices more vulnerable to forced selling and derivatives-driven liquidations.
Bitcoin’s decline has been strengthened by a stronger U.S. dollar following President Trump’s decision to tap Kevin Warsh to lead the Federal Reserve, a move that has reduced the appeal of Bitcoin as an alternative currency and inflation hedge.
Contact [email protected] for any questions or corrections.
Ian Cooper is a veteran market analyst and investment strategist with more than 20 years of experience covering stocks, commodities, and macro trends. Since 1999, he has helped investors identify market opportunities using a blend of technical analysis, fundamental research, and market sentiment.
He is the creator of the ADD News Flow Strategy, which focuses on trading market reactions to major news events and investor psychology. Cooper was also among the analysts who warned about the 2008 financial crisis and major financial institution collapses ahead of the broader market.
Before joining 247 Wall St., Cooper wrote extensively for InvestorPlace and other financial publications, covering market trends, trading strategies, and investment opportunities.
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