AMD shares fall amid Middle East conflict and surging oil prices
- 1Advanced Micro Devices shares fell 8.1% on Thursday, October 22.
- 2Brent Crude prices rose to 112 per barrel on Thursday.
- 3Meta Platforms reported negative free cash flow in its third quarter report for the first time since 2012.
So what's the key point?
AMD shares dropped significantly as oil prices soared to 112 per barrel due to Middle East conflicts. Rising oil prices and worsening cash flow at Meta Platforms contributed to the decline.
Source The Motley Fool +1 · View original ↗
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