Tag Archives: Outlook

Transformation ‘well underway’ despite Q1 outlook

January 26, 2024 Yahoo News 0

Transformation ‘well underway’ despite Q1 outlook

Intel (INTC) shares sink lower Friday morning after releasing less than optimistic first-quarter guidance than Wall Street was hoping for from the chipmaker. Intel topped fourth-quarter earnings estimates, but its wavering confidence in 2024 may be weighing on other semiconductor stocks. Intel CEO Patrick Gelsinger sits down with Yahoo Finance Executive Editor Brian Sozzi to assess investor sentiment over the first-quarter outlook, detailing Intel’s investment in its foundry — or… Source link

Read More »

Stocks mixed as Intel outlook chills techs

January 26, 2024 Yahoo News 0

Stocks mixed as Intel outlook chills techs

Stocks retreated Friday following a gloomy outlook from Intel and as investors parsed a key inflation reading seen as influential in the timing of an interest rate cut. The S&P 500 (^GSPC) rose above the flatline after a winning Thursday saw the benchmark close at another record high. The Dow Jones Industrial Average (^DJI) edged up 0.2% or about 80 points, while the tech-heavy Nasdaq Composite (^IXIC) sank 0.1% Techs led the way lower after Intel’s (INTC) first quarter outlook fell well short… Source link

Read More »

European Stocks Slip as Traders Weigh Rate Outlook: Markets Wrap

January 15, 2024 Yahoo News 0

European Stocks Slip as Traders Weigh Rate Outlook: Markets Wrap

(Bloomberg) — European stocks fell as traders weighed the outlook for monetary policy ahead of a raft of speeches by policy makers at the World Economic Forum in Davos this week. Most Read from Bloomberg The Stoxx Europe 600 index slipped 0.2%, extending a lackluster start to the year after a 13% rise in 2023. Basic resources and carmakers led the decline after Germany’s economy dodged a recession, though the latest data showed it contracted for the first time since the pandemic last year…. Source link

Read More »