Stocks across several industries fell Friday, after the Labor Department reported the U.S. economy added fewer jobs than expected last month, stoking fears of a possible recession.
Intel shares nosedived Friday after the American stalwart announced an array of bad news including hefty layoffs and disappointing earnings, setting the chipmaker on track for its worst day in decades
Intel shares dropped over 20% after disappointing Q2 results, missing revenue and earnings estimates, with a barely profitable EPS of $0.02. Q3 guidance of $12.5-$13.5 billion fell short of analyst pr
It is not enough for business leaders to talk about generative AI — they must harness its power to grow faster.
Weighed down by high operating costs, Intel (INTC) misses second-quarter 2024 earnings estimate.
Global chip stocks tumbled Friday after Intel's (INTC) layoffs plan and fears of overspending on artificial intelligence (AI) by the tech industry unnerved investors.
Intel's issues should be good news for rivals such as Advanced Micro Devices, Qualcomm and Taiwan Semiconductor Manufacturing.
Is Intel Corp (NASDAQ:INTC, ETR:INL)'s foundry gamble paying off? This was a question posed last October, when the Silicon Valley stalwart posted a 299% increase in third-quarter foundry revenues.
Intel Corporation (NASDAQ: INTC), once a dominant force in the semiconductor industry, is facing intense scrutiny from financial analysts following disappointing second-quarter earnings and a challeng
A brutal earnings report and reset of expectations from Intel Corp. has analysts scratching their heads and questioning the company's future.
Intel's decaying financial position made it highly vulnerable to a scenario where turnaround efforts didn't bear fruit. Disastrous Q2 2024 results will likely push INTC shares to a 10-year low. Amid d
Stephanie Link, Hightower Advisors chief investment strategist and portfolio manager, joins 'Squawk Box' to discuss Intel's quarterly earnings results, impact on the boarder market sell-off, and more.
Dow futures drop 317 points as Intel and Amazon shares plummet amid weak earnings. Read more on the market's reaction and upcoming jobs report.

Here's why Intel (INTC) stock is crashing

07:16am, Friday, 02'nd Aug 2024
Amid weak pre-market price performance of other big stocks, including Amazon (NASDAQ: AMZN) and Opendoor Technologies (NASDAQ: OPEN), the shares of American multinational corporation and technology co
Matt Bryson, Senior Vice President at Wedbush, discusses Intel's weak quarter and the impact on chip stocks.
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