STOCK EXCHANGE: Wall Street opens up – AMD’s price rockets

Wall Street opened higher on Wednesday. Among the major indexes, the S&P 500 was up 0.75 percent at the time of the review, the flagship index Dow Jones was up 0.87 percent, and the technology-focused Nasdaq 100 was up 0.81 percent.

Markets got some relief Wednesday afternoon when Axios reported that the United States and Iran are the closest they’ve come to a permanent peace in the roughly 10-week war. After the news, the price of Brent crude oil already fell below 100 dollars per barrel.

President of the United States Donald Trump cooled the market mood with his own post on Truth Social later. According to Trump, the war will end if Iran agrees to the US proposals, and Iran’s refusal would mean “much heavier bombing than before”.

With Trump’s announcement, the price of oil rose back to the morning level to around 103 dollars per barrel.

AMD’s top result sent the stock up by more than 20 percent

Chip and processor manufacturer Advanced Micro Devices published its first quarter results on Tuesday after the stock markets closed.

The result was excellent for investors. The stock was up more than 20 percent at the stock market opening on Wednesday.

In the first quarter, AMD’s revenue grew 38 percent to $10.3 billion, compared to analysts’ forecast of $9.9 billion.

Adjusted earnings per share increased to $1.37 from $0.96 in the year-ago comparison period. Analysts had expected earnings per share of $1.29.

AMD guides its turnover to be around 11.2 billion dollars in the second quarter. According to data collected by Bloomberg, the average analyst forecast before the earnings release was $10.5 billion. A year ago, in the second quarter, revenue was 7.7 billion dollars.

Alphabet rises with Anthropic collaboration

Google’s parent company Alphabetin the share rose 1.59 percent at the stock market opening.

The stock was temporarily the world’s largest company on Tuesday’s secondary market, overtaking the chip manufacturer Nvidia’s. In the end, no overtaking took place at the opening of the stock market.

The Information reported on Wednesday that the artificial intelligence model known as Claude Anthropic in partnership with Google will invest approximately $200 billion over the next five years.

Disney’s result was a positive surprise

An entertainment brand Walt Disney’s the stock rose 7.65 percent at the opening of Wall Street.

Revenue from the company’s streaming and theme parks increased Disney’s revenue to $25.2 billion. Analysts’ expectations for revenue were $24.78 billion.

Adjusted EPS was $1.57, compared to analysts’ expectations of $1.49 in adjusted EPS.

In November 2025 Bob Igerin replaced as CEO Josh D’Amaro said in connection with the announcement that it expects 12 percent adjusted profit growth in the 2026 fiscal year.