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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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Tragedy in Gaza: Israeli Airstrike Hits School, Killing 30 Including Children

 

In a devastating incident on Saturday, an Israeli airstrike targeted a school in Deir al-Balah, Gaza, which was being used as a shelter by displaced Palestinians. The attack resulted in the deaths of at least 30 people, including several children.

The school, which housed thousands of people seeking refuge from ongoing conflict, was struck amidst escalating tensions. According to Gaza’s Health Ministry, the victims included seven children and seven women. The injured were rushed to Al Aqsa Hospital, where the scene was described as chaotic and heart-wrenching.

Israel’s military stated that the strike aimed at a Hamas command center allegedly used for storing weapons and planning attacks. However, Palestinian officials and humanitarian organizations have condemned the attack, highlighting the severe impact on civilians.

This tragic event has intensified calls for a ceasefire, with international mediators from the U.S., Egypt, Qatar, and Israel scheduled to meet in Italy to discuss potential resolutions. The ongoing conflict continues to take a heavy toll on the civilian population, with urgent appeals for peace and humanitarian aid growing louder.


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