Skip to main content

Featured

Intel’s Weak Earnings Put Futures on Ice After a Choppy Week

U.S. stock futures lost momentum Friday morning as Wall Street tried to steady itself after several days of sharp swings. Dow futures slipped, while S&P 500 and Nasdaq futures hovered slightly lower, signaling a cautious start to the trading day. The hesitation came largely from Intel’s disappointing earnings report. The chipmaker’s results and weaker outlook weighed heavily on tech sentiment, sending its shares sharply lower in pre‑market trading. Investors had hoped for stronger numbers given the industry’s AI‑driven momentum, but Intel’s update suggested ongoing challenges in key segments like data‑center chips. The broader market has been wrestling with volatility all week, driven by shifting economic expectations and uneven corporate results. With the S&P 500 on track for another weekly decline, traders appear reluctant to make big moves until they see clearer signs of stability.

article

Stocks Open Mixed as Boeing Plunges

The stock market opened mixed today with the Dow Jones Industrial Average ( ^DJI) down around 0.4%, or 170 points, while the S&P 500 ( ^GSPC) rose 0.2% and the tech-heavy Nasdaq ( ^ IXIC) was up 0.5% . The mixed opening comes after all three major stock indexes broke a nine-week winning streak on Friday.

Boeing, one of the largest aerospace companies in the world, saw its shares plunge today. The company’s shares fell to a 2023 low of 176.25 before swinging up and down in Wednesday’s stock market action. The decline in Boeing’s shares comes as investors await the release of U.S. inflation data and brace for the start of earnings season later in the week.


Comments