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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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Canada Pauses Private Refugee Sponsorship Applications Until 2026


The Canadian government has announced a temporary pause on private refugee sponsorship applications from groups of five or more people and community organizations. This measure, effective immediately, will last until December 31, 2025. The decision aims to address the growing backlog of applications and improve processing times for both refugees and sponsors.

Immigration, Refugees and Citizenship Canada (IRCC) stated that the number of applications received annually far exceeds the available spaces for private refugee sponsorships. The government has set a target of admitting 23,000 privately sponsored refugees in its 2025-27 immigration plan, while the total refugee target for next year is just over 58,000 people. As of the end of October, there are over 85,000 pending refugee claims.

IRCC recognizes that this measure will impact the refugee sponsorship community and has pledged to work closely with partners and stakeholders to adjust to these changes and explore long-term improvements to the program. The pause will allow the system to catch up with the existing workload and ensure a more efficient and predictable refugee sponsorship process in the future.

For more information, visit the [IRCC website](https://www.canada.ca/en/immigration-refugees-citizenship/news/notices/temporary-pause-intake-refugee-sponsorship-applications-groups-five-community-sponsors.html).







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