Wall Street Is Warming Up to Advanced Micro Devices, Inc. (AMD) Stock

Analysts say Advanced Micro Devices, Inc. (Nasdaq: AMD) is well-positioned to take market share away from data center and PC processor market leader Intel Corporation ( INTC), now that Intel delayed the launch of its 10 nanometer processors until 2019. On Friday, Goldman Sachs simultaneously downgraded INTC and upgraded AMD stock and said AMD market share gains may not just be temporary. According to analyst Toshiya Hari, AMD has a golden opportunity to win over business from Intel customers.

Turkey turmoil sends ripples across world stock markets, euro falls

A plunge in the Turkish lira rocked global equities and emerging markets on Friday and fears of more turmoil sent investors scurrying for safety in assets like the yen and U.S. government bonds. The lira fell as much as 14 percent against the dollar, chalking up its worst day since Turkey's financial crisis of 2001. Bank shares across the continent fell and the euro slipped to its lowest since July 2017 as the Financial Times quoted sources as saying the European Central Bank was concerned about European lenders' exposure to Turkey.

Tesla board says Musk not sharing details on go-private deal: Rpt.

Tesla's board is reportedly talking about Elon Musk's proposal to go private, but say they haven't gotten any details on the deal. Yahoo Finance's Alexis Christoforous and Rick Newman have more.

Euro zone banks hammered for Turkish exposure

Investors dumped euro zone bank shares on Friday on concerns about their exposure to Turkey as the lira fell to yet another record low with a defiant government showing few signs it is ready to take decisive steps to stabilise the currency. A widening rift with the United States, its main NATO ally, and President Tayyip Erdogan's grip on monetary policy under a new powerful executive presidency have helped to drive the lira down by more than 40 percent this year, a particular vulnerability for Turkish banks as over a third of their lending is in foreign currencies. U.S. President Donald Trump said on Friday he had authorised higher tariffs on imports from Turkey, imposing a 20 percent duty on aluminium and 50 percent one on steel, as tensions rose between the two NATO allies over Ankara's detention of an evangelical pastor and other diplomatic issues.

Turkey turmoil spills over to Wall Street, shaves 200 points off Dow

President Donald Trump doubled tariffs on aluminum and steel imports from Turkey, deepening the currency's losses and raising concerns that the crisis could weigh on other economies. "Problems in emerging markets are more important than ever because of the global growth engine that emerging markets have become," Peter Cecchini, chief market strategist at Cantor Fitzgerald in New York, wrote in a note. Anytime there's a sniff of contagion they will be weak," said Michael Antonelli, managing director, institutional sales trading at Robert W. Baird in Milwaukee.

New models '19: Heavy

New models '19: Heavy