The stock market ended mixed on Wednesday as investors kept a close watch on developments in the U.S.–Iran war and fluctuations in oil prices.
Meanwhile, February’s Consumer Price Index reported a 2.4% annual increase in consumer prices, in line with estimates.
Overall, S&P 500 fell 0.1% to 6,776, while NASDAQ rose 0.1% to 22,716.
Tweet of the Day
MasterCard $MA with solid profit growth of 25% last qtr. Fastest profit growth since late 2023. Nice upside in my opinion, as the stock has sold off recently. I own MA in all my model portfolios. pic.twitter.com/hPUFFPS5ul
— David Sharek (@GrowthStockGuy) March 11, 2026
Chart of the Day
Here is the one-year chart of Advanced Micro Devices (AMD) as of February 16, 2026, when the stock was at $207.
Last quarter, the company delivered strong profit growth of 40% on a 34% rise revenue. The biggest driver was its Data Center segment (+39% year-on-year growth), where large cloud companies and big enterprises bought more EPYC server chips and Instinct MI350 AI accelerators to run AI programs and heavy computing tasks.
In other news, Advanced Micro Devices and Meta Platforms (META) formed a partnership where latter will purchase ~$80 billion in AI infrastructure from the former during the next 5 years. In return, Advanced Micro Devices issued Meta Platforms warrants for ~10% of AMD stock.
For perspective, Advanced Micro Devices did $35 billion in revenue in 2025, and is estimated to do $106 billion in 2029.
AMD is part of our Growth Portfolio and Focus List.
