Michael Burry issues bitcoin warning, AMD stock falls hard
It's time for Yahoo Finance market minute.
The Bureau of Labor Statistics has announced new dates for the January employment and inflation data.
The BLS will now release non-farm payrolls on February 11th and the consumer price index report on February 13th.
Meanwhile, AMD shares are seeing their biggest decline since 2018. The chipmaker's outlook was viewed as underwhelming by Wall Street despite topping the average analyst estimate.
Plus Yum Brands, the owner of Taco Bell and KFC posted mixed earnings results for the prior quarter.
Yum Brands reported missed uh quarterly earnings expectations, but posted revenue that was better than expected.
The results were boosted by Taco Bell, which saw same store sales spike 7% for the quarter.
And Michael Burry of The Big Short fame is warning on cascading effects of Bitcoin's plunge.
The famed investor says the decline could inflict lasting damage on companies that have spent the past year stockpiling the digital token.
And that's your Yahoo Finance market minute. For more on what's trending on Yahoo Finance, scan the QR code below to track the best and worst performing stocks of the trading session.
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