Weekly Roundup: AMD Rises, Western Alliance & Zion Drop, Gold Miners Rally Falters
whatshot 15 snips
Oct 17, 2025
Exciting developments abound as AMD secures a significant order from Oracle for its MI450 chips, boosting its competition with Nvidia in the AI processor realm. Meanwhile, regional banks like Zions Bancorp face fallout from fraud scandals, though recent earnings help stabilize the sector after a steep drop. Gold miners experience a pullback as investors take profits following impressive gains, raising questions about market sustainability. Tune in for insights on these market movers and more!
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insights INSIGHT
AMD Gains Real Traction In AI Chips
AMD's recent Oracle deal signals genuine traction in the AI processor race against Nvidia.
The stock's rally has accelerated after partnerships like OpenAI and sustained momentum over weeks.
insights INSIGHT
Loan Fraud Sparks Regional Bank Volatility
Fraud on loans to funds holding distressed commercial mortgages drove sharp drops in regional bank shares.
Subsequent earnings reports helped stabilize the sector and eased broader credit-spread fears.
volunteer_activism ADVICE
Use Earnings To Gauge Bank Stress
Watch for earnings updates across regional banks to judge whether credit stress is isolated or systemic.
Treat rebounds cautiously until lenders show sustained loan-quality resilience.
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On this episode of Stock Movers, we take a look at some of the week's biggest movers:
- AMD (AMD) landed a major order from Oracle for its forthcoming MI450 chips, a sign it’s making headway in its pursuit of Nvidia Corp. in the booming market for AI processors. Oracle will put 50,000 of the semiconductors in data center computers starting in the third quarter of 2026, according to a statement Tuesday. The systems will contain AMD processors and networking components. It’s also another endorsement of AMD technology. The Santa Clara, California-based company is working to become a credible alternative to Nvidia, the dominant provider of AI processors. Shares of the chipmaker rose as much as 4% in New York on Monday.
- US bank stocks stabilized Friday as a new set of earnings from regional lenders was solid, helping ease concerns over credit quality that sparked a sharp selloff. The S&P Regional Banks Select Industry Index jumped 1.7% Friday, with Zions Bancorp (ZION) and Truist Financial Corp among the top performers. The modest rebound follows a 6.3% plunge on Thursday, led by Zions and Western Alliance Bancorp (WAL) after they said they were victims of fraud on loans to funds that invest in distressed commercial mortgages.
- Gold’s rally has awed Wall Street for months. Gold miners have done even better - so well that investors are now asking whether historic gains in shares of Newmont (NEM) Agnico Eagle Mines (AEM) and their competitors have gone too far. The NYSE Arca Gold Miners Index (GDM) was down 6% at 4:10 p.m. in New York on Friday, the biggest drop since May, while bullion fell more than 2%. Newmont sank 7.6%, Agnico Eagle Mines slid 6% and Barrick Mining Corp. retreated 6.5%. The trio had each enjoyed gains of more than 100% this year, while gold gained just over 60%.
Stock Movers