AMD - Wall Street Breakfast Podcast: Saudi Aramco Scraps Plan To Boost Oil Production Capacity

2024-01-30 06:42:12 ET

Summary

• Saudi Arabia orders Aramco to maintain oil production capacity at 12M bbl/day, halting plans to boost capacity.
• Northrop Grumman enters $1B accelerated share repurchase agreement with Morgan Stanley.
• Advanced Micro Devices (AMD) expected to report Q4 earnings in line with expectations, but Q1 guidance may miss estimates.

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Saudi Aramco ( ARMCO ) shelves plan to boost oil production capacity after state order. (00:31) Northrop Grumman ( NOC ) enters $1B accelerated stock buyback agreement. (01:33) AMD Q4 earnings preview: AI tailwinds expected in 2024. (02:25)...

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