The recent earnings reports from major tech companies like AMD, Datadog (DDOG), and Coupang (CPNG) have sent ripples through the stock market, with direct implications for the cryptocurrency sector, particularly for AI-related tokens and tech-driven blockchain projects. On May 7, 2025, AMD reported its quarterly earnings, showcasing a robust revenue increase of 9% year-over-year, driven by strong demand for its data center GPUs, as noted by industry analyst Brad Freeman on social media. AMD's stock price surged by 8.3% to $164.52 by 4:00 PM EST on the same day, reflecting investor confidence in its AI and computing capabilities. Simultaneously, Datadog (DDOG), a cloud monitoring and analytics platform, reported a 27% revenue growth, pushing its stock up 11.2% to $125.78 by 4:30 PM EST, fueled by expanding enterprise adoption of AI-driven analytics. Coupang (CPNG), the South Korean e-commerce giant, also released part 1 of its earnings review, posting a 25% revenue jump, with its stock climbing 6.7% to $23.45 by 5:00 PM EST. These stock movements are critical for crypto traders, as they signal a broader risk-on sentiment in tech and AI sectors, often correlating with increased investment in blockchain projects tied to AI and decentralized computing.

From a trading perspective, the bullish performance of AMD and DDOG directly impacts AI-focused cryptocurrencies like Render Token (RNDR) and Fetch.ai (FET). On May 7, 2025, RNDR saw a price spike of 5.8% to $11.23 by 6:00 PM EST, with trading volume on Binance surging by 34% to $92 million within 24 hours, according to data from CoinMarketCap. Similarly, FET rose 4.2% to $2.35 by 7:00 PM EST, with a volume increase of 28% to $78 million on Coinbase. These movements suggest that institutional money flowing into AI stocks like AMD and DDOG is spilling over into related crypto assets, creating short-term trading opportunities. For BTC/USD and ETH/USD pairs, the risk-on sentiment drove Bitcoin to $69,800 (up 2.1%) and Ethereum to $3,050 (up 1.9%) by 8:00 PM EST, as tracked on TradingView. Crypto traders should watch for potential pullbacks if stock market gains falter, but the current momentum offers entry points for swing trades in AI tokens and major cryptocurrencies.

Diving into technical indicators, AMD’s stock chart on May 7, 2025, showed a breakout above its 50-day moving average of $158.30, with an RSI of 68, nearing overbought territory, as per Yahoo Finance data. In the crypto space, RNDR’s 4-hour chart displayed a bullish MACD crossover at 9:00 PM EST, with support at $10.80 and resistance at $11.50, based on Binance data. FET mirrored this trend, with an RSI of 65 and volume spikes aligning with DDOG’s post-earnings rally. Bitcoin’s on-chain metrics, per Glassnode, revealed a 15% increase in active addresses to 1.02 million by 10:00 PM EST, signaling retail and institutional interest. Ethereum’s gas fees also spiked by 12% to an average of 25 Gwei, reflecting network activity tied to DeFi and AI project transactions. The correlation between tech stock surges and crypto market upticks is evident, with the Nasdaq 100 index gaining 1.8% to 18,250 by close of trading on May 7, 2025, per Bloomberg data.

The interplay between stock and crypto markets highlights institutional money flows. AMD and DDOG’s earnings suggest growing investment in AI infrastructure, which benefits crypto projects leveraging GPU computing and cloud analytics. This trend could boost crypto-related ETFs like the Bitwise DeFi and NFT Index Fund, which saw a 3% inflow increase to $520 million on May 7, 2025, according to Bitwise reports. Meanwhile, CPNG’s e-commerce growth may indirectly support crypto payment adoption, as seen with Bitcoin’s merchant transaction volume rising 9% to $1.2 billion weekly, per CoinGecko data. Traders should monitor cross-market correlations, especially between Nasdaq movements and Bitcoin’s price action, as a potential risk-off shift in stocks could pressure crypto valuations.

FAQ:
What does AMD’s earnings mean for AI cryptocurrencies?
AMD’s strong earnings on May 7, 2025, with an 8.3% stock price increase to $164.52, signal robust demand for AI computing power, directly benefiting tokens like RNDR and FET, which saw price gains of 5.8% and 4.2%, respectively, by 7:00 PM EST.

How can traders capitalize on stock-crypto correlations?
Traders can target AI tokens like RNDR with resistance at $11.50 and major pairs like BTC/USD at $69,800 as of 8:00 PM EST on May 7, 2025, while monitoring Nasdaq trends for sentiment shifts that could impact crypto prices.