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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.
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Your daily horoscope: February 5, 2024

 

HOROSCOPES IF TODAY IS YOUR BIRTHDAY

A Mercury-Pluto link on your birthday means you will be mentally tough over the coming year and anyone who thinks they can influence your thinking is going to be disappointed. Know your own mind and follow what it tells you to the letter.

ARIES (March 21 - April 20):

Strive to stay on good terms with people in positions of power today, even if they sometimes rub you the wrong way. They have resources at their disposal that can be used to either help your ambitions or hinder them. Encourage them to make the right choice.

TAURUS (April 21 - May 21):

The situation you are currently facing is very similar to other situations you have faced in the past, so why are you so afraid of it? Think back to the last time you were in this position. What did you do then? Did it work? Then do it again!

GEMINI (May 22 - June 21):

You seem to be yearning for something you know you cannot have. The good news is that now Mercury, your ruler, is joining the sun in one of the best areas of your chart there are other things you can have that will please you just as much.

CANCER (June 22 - July 23):

If you play your cards right as the new week begins you can build up such a head of steam that no matter what obstacles life places in your path they won’t slow you down. Use that momentum to do things that put more cash in your pocket.

LEO (July 24 - Aug. 23):

You may be a little tense today as cosmic activity in your opposite sign brings challenges that even you might struggle to deal with, but the good news is you will come through unscathed and with your reputation enhanced. Nothing fazes Leo for long.

VIRGO (Aug. 24 - Sept. 23):

There are so many reasons why you should be smiling now but one small setback appears to have got to you a bit and now you are finding it hard to be upbeat about life. Only you can snap yourself out of this pointlessly negative mood.

LIBRA (Sept. 24 - Oct. 23):

If you get the chance to apologize to a friend or loved one for something you said a while ago then grab it with both hands and make your apology sound sincere. The rift between you isn’t so great that it cannot be easily healed – as yet.

SCORPIO (Oct. 24 - Nov. 22):

No matter how hard you try to convince a family member that they are going about something the wrong way they will ignore your advice and there is nothing you can do about it. It’s a mistake but they will learn from it.

SAGITTARIUS (Nov. 23 - Dec. 21):

Big decisions will come easy to you today as mind planet Mercury links with no-nonsense Pluto. Anyone who expects you to give them an easy ride will be disappointed as you insist that others live up to your standards both at home and at work.

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