Intel stock (INTC) slides as oil shock hits Wall Street — here’s what traders watch next

Iran Shock Is 3x Bigger Than Ukraine Invasion, Robin Brooks Says Wall Street Tends To 'Downplay Shocks' - Chevron (NYSE:CVX), Occidental Petroleum (NYSE:OXY)

Wall Street’s instinct to downplay a shock is well-documented — and Robin Brooks isn’t buying it. Brooks, a Senior Fellow at The Brookings Institution, wrote on Substack on Tuesday that analysts minimizing Monday’s oil move are missing the bigger picture. “If you admit to being surprised, this means you didn’t see something coming, which in markets means you failed,” he wrote. “This is why so much market commentary tends to downplay shocks when …

Intel stock (INTC) slides as oil shock hits Wall Street — here’s what traders watch next

Intel shares fell 4.8% to $43.34 Tuesday as chip stocks slid amid rising oil prices and Middle East tensions. About 39.9 million Intel shares traded by late morning. Tehran threatened vessels in the Strait of Hormuz, raising concerns over $100 oil. Intel announced new AI-native 6G plans with Ericsson at Mobile World Congress but saw little relief in markets. The post Intel stock (INTC) slides as oil shock hits Wall Street — here’s what traders w…