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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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Cyprus Leaders Discuss Opening New Crossing Points Along 1974 Ceasefire Line


 Leaders of war-divided Cyprus said on Monday they supported opening further crossing points along the 1974 ceasefire line splitting the island to meet popular demand, and would work with the United Nations towards that objective. President Nikos Christodoulides, the Greek Cypriot leader, and Turkish Cypriot leader Ersin Tatar discussed the modalities of new checkpoints at a rare meeting hosted by the United Nations in the divided capital Nicosia. 

Despite mutual support for further openings, the leaders did not announce any immediate measures to ease movement across the truce line, indicating continued disagreements. The leaders believe that the opening of new crossing points is critical to promote people-to-people contacts, strengthen economic ties, and build trust. 

Another meeting is scheduled in the coming days to continue discussions. The push for additional checkpoints follows months of negotiations focused on where and how many checkpoints should open in addition to the nine crossings used by thousands daily along a 180-km (116-mile) ceasefire line. 

It is estimated that more than a million people use the checkpoints to cross each year either for employment, education, or personal reasons. The first pedestrian crossing was opened in April 2003 after almost three decades of isolation. 

Greek Cypriots say they do not object to opening one checkpoint advocated by Turkish Cypriots in the east of Nicosia, the island's ethnically-split capital. They say that in a spirit of reciprocity, Turkish Cypriots should agree to opening a checkpoint which Greek Cypriots want. 

The leaders' joint statement emphasized the importance of opening new crossing points to promote people-to-people contacts, strengthen economic ties, and build trust. 




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