Stock Movers AppLovin Probed by SEC, AMD Soars, Comerica, Fifth Third Ink Year's Biggest Bank Deal
Oct 6, 2025
AppLovin is under investigation by the SEC for potential violations related to its data-collection practices. Meanwhile, AMD saw a remarkable 23% surge in stock after signing a lucrative deal with OpenAI, leading analysts to significantly raise their price targets. In a major market move, Fifth Third Bancorp announced it will acquire Comerica for approximately $10.9 billion, creating the ninth-largest bank in the U.S. Stay tuned as the financial landscape shifts with these developments!
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AMD Lands Blockbuster OpenAI Deal
- AMD jumped 23% after announcing a major multi-year deal to supply OpenAI with GPUs and AI infrastructure.
- The deal could generate tens of billions in revenue and prompted analysts to raise price targets sharply.
Analysts Push Up Targets Amid Debate
- Analysts like CFRA and Barclays raised AMD price targets after the OpenAI announcement, signaling strong street enthusiasm.
- Matt Levine's commentary questioned payment mechanics, highlighting debate over deal economics despite bullish sentiment.
Six Gigawatts Of GPUs Planned
- OpenAI will deploy about six gigawatts of AMD GPUs over multiple years as part of a strategic partnership.
- The scale of GPU deployment underpins why analysts see substantial revenue potential for AMD.