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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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Wall Street Slightly Lower as Airlines Report Earnings Ahead of GDP Data


Wall Street leaned toward losses before the opening bell today as more earnings poured in while investors awaited the latest data on how the U.S. economy fared in the second quarter. Here are the key highlights:

  • S&P 500 Futures: Fell 0.2% before the bell.
  • Dow Jones Industrial Average Futures: Close to unchanged.
  • Nasdaq: Down 0.3%.

Airlines in Focus:

  • Southwest Airlines: Tumbled early after reporting a steep drop in second-quarter profit despite higher revenue. The airline also announced it was doing away with its 50-year-old practice of open seating, opting for assigned seats and premium seating options.
  • American Airlines: Also reported earnings, and Wall Street predicts a release of earnings per share.

Additionally, Ford Motor Co. fell more than 13% in premarket trading after reporting a second-quarter net income decline due to rising warranty and recall costs.

Stay tuned for the latest GDP report, which will provide insights into the overall economic performance in Q2. Investors are closely monitoring these developments as market volatility continues.


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