On Holdings Up on Sales Forecast; AMD Rallies on Data Center Demand | Stock Movers
November 12, 2025
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3:40Now PlayingOn Holdings Up on Sales Forecast; AMD Rallies on Data Center Demand | Stock Movers
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as posted by the channelOn this episode of Stock Movers with Lisa Mateo:
- Advanced Micro Devices (AMD) shares rallied in premarket trading after Nvidia's closest rival predicted accelerating sales growth over the next five years, driven by strong demand for its data center products. Annual revenue growth will average more than 35% over the next three to five years, Chief Executive Officer Lisa Su said Tuesday at a company event in New York.
- Swiss sneaker maker On Holding (ONON) climbed in early trading after the company boosted its sales and earnings forecasts for the year after a better-than-expected third quarter. The Roger Federer-backed company now sees revenue growing 34% this financial year on a constant currency basis, above analyst estimates and three percentage points higher than its previous target.
- Shares of Sweetgreen (SG) soared in early trading after the restaurant chain was added to Citi's 90-day positive catalyst watch. Citi analyst Jon Tower says he expects sales to improve off lows with the US government "likely to reopen in the coming weeks.”
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