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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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Trump Hush Money Trial: Opening Statements and David Pecker’s Testimony


Opening statements began today in the historic criminal trial of former U.S. President Donald Trump. The trial centers around allegations of hush money payments made to adult film star Stormy Daniels ahead of the 2016 presidential election. Here are the key details:

The Charges

Donald Trump faces 34 felony counts related to falsifying business records to conceal a $130,000 payment to Stormy Daniels. The payment was allegedly made to keep her silent about an extramarital affair with Trump.

Opening Statements

Attorneys for both the prosecution and defense delivered their opening statements. The courtroom was filled with anticipation as the trial commenced. Trump, the presumptive 2024 Republican nominee, has consistently maintained his innocence, denying any sexual relationship with Daniels.

David Pecker’s Testimony

The prosecution called David Pecker, the former publisher of the National Enquirer, as their first witness. Pecker’s testimony was cut short due to the Passover holiday and an alternate juror’s dentist appointment. The trial adjourned for the day, but Pecker is expected to continue testifying tomorrow.

Transparency Measures

In an unprecedented move, the New York court system will release daily transcripts of the trial to the public. Chief Administrative Judge Joseph Zayas and First Deputy Chief Administrative Judge Norman St. George made this decision to ensure broad and continuous access to this high-profile case.

As the trial unfolds, the fate of the former president rests in the hands of an anonymous panel of 12 Manhattan residents. Their verdict will determine whether Trump is guilty of the charges brought by Manhattan District Attorney Alvin Bragg.

Stay tuned for further updates as the trial continues.


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