Intel Loses a Quarter of Its Value After Horrible Earnings Report
Intel NASDAQ: INTC has historically been one of the world's leading semiconductor companies. That position has changed, especially after considering its Q2 2024 earnings, released on Aug 1, 2024.
3 Things to Know About Intel's Disastrous Report
Intel missed expectations, provided weak guidance, and announced a massive round of layoffs on Thursday. Excess customer inventories will hurt PC chip sales in the third quarter, and data center sp...
Intel's worst day in 50 years: Stock trading at levels not seen in a decade
Dan Ives, Wedbush Securities analyst, joins CNBC's Special to discuss Intel as the company's shares cratered 26% after it announced weak guidance and layoffs.
Intel suspends dividend, cuts $10B in costs: CEO reacts
Intel (INTC) plans to lay off roughly 15,000 employees this year and will stop paying its dividend, as the chipmaker tries to cut costs. The company said third quarter revenue will be $12.5 billion...
The problem with Intel is they are doing so many things at once, says Melius' Ben Reitzes
Ben Reitzes, Melius head of technology research, joins 'Fast Money' to discuss Intel as the company's shares cratered 26% after it announced weak guidance and layoffs.
S&P 500 Gains and Losses Today: Intel Dives After Announcing Layoffs To Cut Costs
Major U.S. equities indexes tumbled Friday following the release of the latest U.S. labor market report, which revealed fewer-than-expected job additions in July and a jump in the unemployment rate...
Intel plunges 25%, worst day since 1974
Vivek Arya, Bank of America Securities senior semiconductor analyst, joins 'Power Lunch' to discuss what's behind Intel's shares falling 25%, expectations for the stock, and more.
Intel suffers one of its worst days in 40 years as stock plunges 26%, loses $30M in market value after earnings miss
The company announced plans to lay off more than 15% of its workforce, with most of the layoffs coming before the end of the year.
Intel Shares Fall by Most Since at Least 1982
Intel shares suffered their largest decline in over 40 years after the company gave a grim growth forecast and laid out plans to slash 15,000 jobs, signaling that the chipmaker is ill -------- Like...
Deutsche Just Cut Its Price Target on Intel (INTC) Stock
Intel (NASDAQ: INTC ) stock is plunging lower to prices not seen since 2013. Indeed, shares are down by over 25% after the semiconductor company reported its second-quarter earnings.
Intel having worst day since 1974
CNBC's Jon Fortt joins 'The Exchange' to discuss Intel's stock drop due to weaker-than-expected Q2 earnings and revenue.
Intel Q2: Cost Reduction Amid Sluggish Growth
Intel released disappointing results, leading to job cuts and dividend suspension, with stock price dropping over 35% since April 2024. Cost reduction measures indicate poor management and sluggish...
Intel Stock Is Slumping. It's in the Dow Danger Zone.
The chip giant's disastrous earnings report may eventually lead to it getting replaced in the Dow Jones Industrial Average.
Intel's (INTC) Q2 Earnings Miss on High Costs, Shares Fall
Weighed down by high operating costs, Intel (INTC) misses second-quarter 2024 earnings estimate.
Intel's 20% Plunge Spurs Nasdaq 100 Decline Amid Broader Tech Sell-Off
Dow futures drop 317 points as Intel and Amazon shares plummet amid weak earnings. Read more on the market's reaction and upcoming jobs report.
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