AMD (AMD) is set to announce earnings, anchoring a busy earnings day, as ongoing tariff discussions impact the semiconductor sector. The conversation highlights the shift towards direct-to-consumer streaming services across various companies like CBS (PARA) and ESPN (DIS). Attention is also drawn to the volatility in markets influenced by economic data and tariffs. Notable earnings to watch include Rivian (RIVN), Snap (SNAP), and Uber (UBER). The discussion encourages caution with trades and highlights the importance of monitoring expected market movements.