ET 17:04

AMD, Chipotle Stocks Fall, Mondelez Profits Hit by Cocoa Prices

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[Para 1: The Lead] AMD and Chipotle's stock prices declined as Mondelez International reported lower profits due to increased cocoa prices. The market reaction highlights ongoing economic pressures affecting consumer goods and semiconductor sectors. [Para 2-3: Supporting details & Context] As of today, February 3, 2026, AMD (AMD) and Chipotle Mexican Grill (CMG) experienced a downturn in their stock values. Mondelez International (MDLZ), a global leader in snacks and beverages, reported a decrease in profits primarily attributed to higher cocoa costs. Analysts and investors are closely monitoring these developments as they reflect broader economic challenges impacting consumer industries. The semiconductor industry, represented by AMD, is also feeling the economic pressures, indicating a potential slowdown in growth for technology stocks. These financial impacts underscore the volatility and sensitivity of the stock market to economic conditions.

EditorWong Mei Ling