Intel's Earnings Fallout Is Hitting Your Index Funds Too
7 Articles
7 Articles
Technology drags the Nasdaq to its greatest fall in months
After Alphabet, Amazon and Intel's quick reports also triggered a wave of selling, further strengthening concerns about the return on AI investments. Asian stock markets fell in the wake of the wave of selling that hit the tech sector, the mood is also bad in Europe, and US markets are also under pressure. There is also new excitement in the crypto market, as the world's largest crypto exchange was hit by an unprecedented hacker attack, which ca…
Intel loses almost a third of its stock market value after presenting disappointing forecasts. The fall threatens to become the worst day of its history on Wall Street.
The chip manufacturer foresees lower revenues than expected for the fourth quarter.
Coverage Details
Bias Distribution
- 67% of the sources are Center
Factuality
To view factuality data please Upgrade to Premium
