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AMD Stock Rebounds With Chips Ahead Of Q2 Report; SpaceX Earnings, Lockup Expiration Loom Large

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10:59 AM ET 07/31/2026

An ambiguous Federal Reserve press conference might have juiced Wednesday's stock market sell-off. But it didn't impede the Nasdaq's 2.8% surge Thursday, the first day of its rally attempt. Strong earnings reports from Microsoft (MSFT) and chip-equipment giant Lam Research (LRCX) helped the jump. Now attention turns to AMD stock, which also rallied before earnings. Advanced Micro Devices (AMD) is…