Shares of Intel Corp. fell more than 9% in Thursday’s extended session after the chipmaker reported a big fourth-quarter miss, forecast a first-quarter loss, said the data center market is shrinking and that inventory crunch will eat into margins. Intel INTC, -6.41% executives forecast an adjusted loss of 15 cents per share on revenue of …
Earnings news will keep investors busy and markets volatile next week as the Federal Reserve’s next rate hike nears. A diverse group of more than 80 S&P 500 companies reported, including industrial companies such as Boeing and transportation companies such as Union Pacific, CSX and Southwest Air. Big tech is also starting to put up …
Earnings could keep the market on edge next week as investors wait for the Fed Read More »
U.S. stock futures rose on Wednesday as the dollar drifted south and government bond yields retreated as investors repriced bond and currency markets after an unexpected policy move by the Bank of Japan and awaited a key reading on sales of retail later in the session. Bond markets rose in major markets around the world …
Live stock market: Stocks rise, bonds rise to support Bank of Japan Read More »
Corporate earnings season has just begun, and fourth-quarter results due in the next two weeks could be critical for investors, as Tommy Kilgore explains. Mark Hulbert looks at an important trend that hopefully won’t change this earnings season. More coverage as earnings season begins: The EV market is on the move Xpeng’s P5 electric car. …
