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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: August 7, 2024

 

HOROSCOPES IF TODAY IS YOUR BIRTHDAY

A sun-Jupiter link on your birthday this year will raise your spirits and make you believe that all things are possible. If you focus on your No. 1 ambition and see it through to the end it won’t be long before your name is up in lights.

ARIES (March 21 - April 20):

There may indeed be a rational explanation for every event under the sun but what you encounter today is sure to defy logical analysis. It may, however, open your mind to possibilities that you had not previously considered and that’s a good thing.

TAURUS (April 21 - May 21):

Today’s sun-Jupiter link will give you the confidence to tackle the kind of work-related issues you usually try to steer clear of. You may not know all the answers but you do know enough to look and sound more convincing than your rivals.

GEMINI (May 22 - June 21):

The choices you make over the next few days will have a huge impact on your future prosperity and they are more likely to be the right choices if you trust your instincts. Back those instincts with courage and confidence and you are sure to succeed.

CANCER (June 22 - July 23):

No matter how many times you have tried and failed at something if you give it another go today there is no doubt it will come right. One of the positive traits of your sign is that you never give up. Staying power is your magic ingredient.

LEO (July 24 - Aug. 23):

Call it as you see it today, even if your words are likely to antagonize people both at home and at work. Telling the truth will work in your favor in that no one will be able to say later on that you were dishonest like everyone else.

VIRGO (Aug. 24 - Sept. 23):

You may be a bit worried about a family or work situation but try not to let your anxiety show. If loved ones and colleagues can be persuaded to believe you know what you are doing they are more likely to make the right kind of choices themselves.

LIBRA (Sept. 24 - Oct. 23):

Whether or not you enjoy what happens next depends on your attitude to life and with the sun and Jupiter on good terms at the moment there is little doubt it will be hugely agreeable. Life is what you make of it, so make it very, very good.

SCORPIO (Oct. 24 - Nov. 22):

Matters related to your wealth and your career are under excellent stars and if you are faced with a situation where you have to make a snap decision about your future it is sure to be the right one. Don’t think about it too deeply, just do it.

SAGITTARIUS (Nov. 23 - Dec. 21):

If a personal relationship has fallen into a bit of a rut of late then what occurs between now and the weekend will give you the chance to raise it up again. Don’t be shy about reminding the object of your affection just how much they mean to you.

CAPRICORN (Dec. 22 - Jan. 20):

Your practical nature will give you a big advantage over rivals who prefer to act on impulse. Because you have done your homework and put in the hard mental and physical work what seems like a challenging situation to them won’t worry you in the slightest.

AQUARIUS (Jan. 21 - Feb. 19):

There are always new mountains to climb and Jupiter’s influence in the most dynamic area of your chart means you are very much in the mood to scale the highest and toughest peaks. What is your final goal? It doesn’t matter, just enjoy the climb.

PISCES (Feb. 20 - Mar. 20):

You have been feeling a bit tense of late but today’s Sun-Jupiter link will loosen things up and make it easy to be cheerful again. Others may try to drag you back down to their low and unhappy level but you won’t let them extinguish your smile.

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