📊 S&P hits 7,526 Monday as $AMD earnings loom Tuesday — $11.2B and 46% growth expected
The S&P 500 added 0.7% Monday to 7,526 and the Nasdaq gained 0.6%, extending the post-earnings momentum from last week's big tech beats. AMD reports Q2 on Tuesday — analysts expect $11.2 billion in revenue, up 46% year-over-year, with the Data Center segment and MI450 GPU shipments the key metrics. SanDisk and Disney follow on Wednesday. Then comes Friday's July jobs report (June showed just 57K payrolls vs. a 110K consensus), which could reprice September rate-cut odds significantly. Biggest macro week of the summer — which report are you watching most closely? Not financial advice.
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