Why is AMD stock down today?

• Members of the ruling Democratic Party of Korea are increasingly calling for caution regarding the party's plan to abolish prosecutors’ supplementary investigation powers. • This move is a central component of a long-term prosecution reform agenda aimed at restructuring the legal system's investigative authority.

• Prime Minister Narendra Modi and Indonesian President Prabowo Subianto have launched a joint conservation project to restore the 1,200-year-old Prambanan Temple complex in Yogyakarta. • During the launch, PM Modi highlighted his personal connection to temple preservation, citing his involvement with the Somnath temple in Gujarat and the Hatkeshwar Mahadev temple in his hometown of Vadnagar.

• The Enforcement Directorate (ED) froze three bank accounts belonging to the Trinamool Congress on Wednesday under anti-money laundering laws. • The frozen accounts contain deposits totaling ₹440 crore, following investigations into an alleged funds misappropriation case.

• Former Prime Minister Kim Min-seok has formally entered the race for the Democratic Party (DP) leadership, creating a competitive four-way contest. • The election is marked by significant tension between the pro-Lee Jae-myung and pro-Jung factions as they vie for control of the party.

• Indian Prime Minister Modi and Indonesian President Prabowo have officially inaugurated a restoration project for the UNESCO-listed Prambanan Temple. • The project will be led by the Archaeological Survey of India (ASI) following an agreement reached during Prabowo’s visit to India in 2025.

• Election results are being announced for several Indian states, including West Bengal, Puducherry, Tamil Nadu, Kerala, and Assam. • Early trends as of 8:00 AM indicate the BJP has won 117 seats in West Bengal, while Congress has secured 63 seats in Kerala.

• Prime Minister Narendra Modi's visit to Jakarta resulted in several strategic agreements, including a deal for BrahMos missiles and a pact regarding Sabang Port. • Indonesia will also adopt India's Electronic Voting Machines (EVMs), joining other nations like Bhutan, Nepal, and Namibia in using the technology.

• The United States carried out fresh military strikes on Iranian targets for the second consecutive day on Wednesday, escalating tensions in the Strait of Hormuz. • President Donald Trump officially declared the interim memorandum of understanding with Iran "over," signaling a definitive break in diplomatic efforts.

• The US has launched a new round of airstrikes against Iran, following a statement from Donald Trump that the previous ceasefire is now "over." • US Central Command stated the operations aim to degrade Iran's ability to threaten freedom of navigation within the Strait of Hormuz.

• Senator Mitch McConnell has been hospitalized for over three weeks, sparking widespread public interest and speculation regarding his current health status. • Attention has intensified following reports of recent 20-minute conversations between McConnell and his congressional colleagues.

• Former President Donald Trump warned that the U.S. may launch further strikes against Iran "tonight," stating the U.S. is "gonna hit 'em hard." • These potential military actions increase pressure on Tehran and raise significant concerns regarding a return to all-out war between the two nations.