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$99.17
-12.61 (-11.28%)
At Close: Jun 05, 2026
Intel Stock Plunges on Wider-Than-Expected Loss, Layoffs To Cut Costs
07:02pm, Thursday, 01'st Aug 2024
Intel (INTC) shares plunged in extended trading Thursday after the company posted a wider-than-expected loss and said it would lay off 15% of its workforce as part of a $10 billion cost-savings plan.
Intel Q2 Results: Stock Price Plunge Is Deserved
07:01pm, Thursday, 01'st Aug 2024
Intel Corporation reported weak quarterly earnings, missing estimates on both revenue and bottom-line numbers, leading to an 18% post-market share price drop. Despite high R&D spending, Intel lags com
Intel shares sink with 15% of workforce getting axed, suspends dividend
06:52pm, Thursday, 01'st Aug 2024
Intel CEO says he misjudged the boom that has created a windfall for chipmakers such as Nvidia, that are leading the AI race for next generation technology.
Intel (INTC) Reports Q2 Earnings: What Key Metrics Have to Say
06:31pm, Thursday, 01'st Aug 2024
While the top- and bottom-line numbers for Intel (INTC) give a sense of how the business performed in the quarter ended June 2024, it could be worth looking at how some of its key metrics compare to W
Intel (INTC) Q2 Earnings and Revenues Miss Estimates
06:11pm, Thursday, 01'st Aug 2024
Intel (INTC) came out with quarterly earnings of $0.02 per share, missing the Zacks Consensus Estimate of $0.10 per share. This compares to earnings of $0.13 per share a year ago.
Intel stock sinking on Q2 miss, $10B cost cutting plan
05:57pm, Thursday, 01'st Aug 2024
Intel (INTC) shares sink in extended hours after missing second quarter earnings estimates. The semiconductor manufacturer posted $12.83 billion in revenue ($12.95 billion expected) and adjusted earni
Intel Drops Heavily Anticipated Results: Absolute Disaster
05:55pm, Thursday, 01'st Aug 2024
Intel Corporation stock plummeted after a disastrous Q2 earnings report, missing expectations and suspending the dividend. Revenue is down, margins are below expectations and weak Q3 outlook, leading
AAPL Alright, INTC Horrid: Stocks Need Big Jobs Print
05:48pm, Thursday, 01'st Aug 2024
The S&P 500 held it series of higher-lows but that is literally all bulls have going for them at this point. Apple earnings likely don't justify its valuation and it looks the interest-rate cuts are c
Intel announces plan to cut 15,000 jobs to ‘resize and refocus' business
05:41pm, Thursday, 01'st Aug 2024
Firm reported a loss in its second quarter and said it would cut 15% of its workforce to cut costs and compete with rivals
EARNINGS ALERT: AMAZON MIXED, INTEL PLUMMETS
05:39pm, Thursday, 01'st Aug 2024
Amazon (AMZN) posts a revenue miss, Intel (INTC) announces a $10B cost savings plan that includes a 15% headcount reduction. Kevin Green and Alex Coffey deliver instant reaction to the latest earnings
Intel's forecast is 'most concerning to me', says Moor Insight's Patrick Moorhead
05:28pm, Thursday, 01'st Aug 2024
Patrick Moorhead, Moor Insights & Strategy CEO, joins 'Closing Bell Overtime' to talk Intel earnings.
Nasdaq 100 Heavyweights Report: Apple Shines, Intel Stumbles, Snap and Amazon Miss Targets
05:08pm, Thursday, 01'st Aug 2024
Tech giants report mixed Q2. Apple shines, Snap and Amazon miss targets, Intel restructures.
Intel Badly Misses Q2 Targets, Initiates Cost-Reduction Plan
04:58pm, Thursday, 01'st Aug 2024
Chipmaker Intel badly missed Wall Street's targets for the second quarter and with its guidance for the third quarter.
Intel Says Revenue to Miss Expectations, Cuts Jobs
04:40pm, Thursday, 01'st Aug 2024
Intel said third-quarter revenue will be far less than analysts' expected and announced sweeping job cuts. Sales for the current quarter will be $12.5 billion to $13.5 billion.
Intel Will Cut More Than 15,000 Jobs
04:35pm, Thursday, 01'st Aug 2024
The Silicon Valley chip maker also reported a net loss and declining revenue in the latest quarter.
