00:01
Speaker A
Time now for what to watch Tuesday, November 3rd.
00:03
Speaker A
Another big day of earnings starting with AMD, the chip giant reporting third quarter results after the markets close.
00:08
Speaker A
Data center revenue surged 107% last quarter, and the chipmaker has lined up major AI deals with Open AI, meta and Anthropic.
00:15
Speaker A
But investors will be looking beyond those announcements to see when they translate into sales.
00:20
Speaker A
Analysts are also watching for updates on AMD's server processors, AI chip deployments and its outlook for 2027.
00:27
Speaker A
Pfizer is also on the earnings calendar. Analysts watching if the drug maker raises its full-year guidance, but a longer-term story centers on centers on its drug pipeline as key products face patent expirations.
00:35
Speaker A
Investors will be looking for updates on Pfizer's developed developing cancer treatments and its obesity drug. With the big question being whether those new medicines can help drive growth beyond 2028.
00:43
Speaker A
And on the economic front, we're getting September's job openings and labor turnover survey. Economists expect 7.17 million job openings, up from August's number.
