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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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Barack Obama to Headline DNC on Tuesday: A Major Push for Kamala Harris

Former President Barack Obama is set to headline the Democratic National Committee (DNC) event this Tuesday, marking a significant moment in his active support for Vice President Kamala Harris. As one of the most influential figures in the Democratic Party, Obama’s involvement underscores his commitment to Harris and signals her pivotal role in the party’s future.

Obama’s speech at the DNC is expected to be a powerful endorsement of Harris, highlighting her achievements and reinforcing her position as a key leader within the Democratic Party. This event comes as Obama takes a more hands-on approach to campaigning for Harris, who has been a trailblazer as the first female, Black, and South Asian vice president in U.S. history.

The former president’s efforts are part of a broader strategy to galvanize Democratic voters ahead of the upcoming election cycle. By aligning himself closely with Harris, Obama aims to energize the party’s base and appeal to a diverse coalition of voters. His endorsement is seen as crucial in bolstering Harris’s profile and positioning her as a central figure in the party’s future leadership.

As Obama takes the stage on Tuesday, his message will likely focus on unity, progress, and the importance of continuing the work begun during his presidency. His campaign for Harris is not only about supporting her but also about ensuring the Democratic Party remains strong and cohesive as it faces the challenges of the 2024 election and beyond.

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