AMD Hits $1 Billion in Quarterly AI Chip Sales, Microsoft Cloud Growth Underwhelms

The latest market update reveals AMD's remarkable achievement of hitting $1 billion in quarterly AI chip sales. Meanwhile, Microsoft struggles with disappointing earnings, prompting reflections on the tech sector's future. In a contrasting twist, Starbucks sees a surprising stock gain despite lower sales, while Pinterest faces a decline. The discussion also dives into the economic impact of hosting the Olympics and its wider implications on financial markets, presenting a multifaceted view of current trends in tech and consumer goods.