AMD posted higher third-quarter earnings, CVS reported better-than-expected results and Kraft raised its full-year forecast.

<div class="block">AMD posted higher third-quarter earnings, CVS reported better-than-expected results and Kraft raised its full-year forecast.</div>

Need2Know Headlines

AMD, CVS and Kraft Post Positive Earnings

Several major companies have reported their latest quarterly results. And chip maker A MD is one of them reported better than expected profit and sales offered some weaker than expected guidance. So for the current quarter said it expects growth in its data center business this year and expects to sell $2 billion worth of A I chips next year. Elsewhere this morning, C DS reported its top third quarter profit and sales expectations. I reported strong performance in its health services business which have boosted sales by 11% from the same time a year ago and today's results come on the final day of a walk out of some CBS, Walgreens and right. A employees protesting what they claim are unsafe working conditions. Also this morning, Kraft Heinz raised its full year forecast and reported better than expected profit. In the third quarter. The company benefited from price gains on some of its packaged meats and condiments.