News · Yahoo Finance

Intel, Amazon, Sandisk, Google, ExxonMobil, and More Stocks That Explain Today’s Market

Intel stock plunged after the chipmaker issued underwhelming earnings guidance.

Summary written by Upside AI from the original article. Read the source for full details.

Read the original on Yahoo Finance ↗

Keywords

IntelearningssemiconductorsWall Street

Open a keyword to see other news on the same topic.

Related news

  • Buy, Sell, or Hold? Today’s Top Upgrades and Downgrades: Boston Scientific, DoorDash, GE Vernova, Honeywell Aerospace, Incyte. Intel, Reddit, Rivian Automotive, and More

    Tech stocks weighed on premarket futures on Friday, with Nasdaq futures down almost 2.5% after Alphabet posted its worst third-quarter results in years and closed Thursday down 12.64% at $283.82. Intel beat estimates, but its guidance disappointed; shares closed at $92.07 and were trading at $68.26 premarket, down almost 26%. Amazon closed down 4.25% and was 6.78% lower premarket, while SanDisk, which beat on both revenue and earnings and announced an 8-for-1 forward stock split, closed down 5.32% and fell a further 8.50% premarket. In analyst actions, DoorDash, GE Vernova, Incyte, Intel and Rivian Automotive were upgraded, while Boston Scientific, Honeywell Aerospace, Intel, Reddit and Stryker were downgraded. Nasdaq (NDAQ) was initiated with a Buy rating at Erste Group, without a price target.

    Yahoo Finance·Wall StreetIntelNasdaq
  • Stocks Mostly Down Pre-Bell as Traders Parse Amazon, Intel Earnings

    Major US stock benchmarks were mostly down before the Friday open. Traders were parsing earnings from Amazon and Intel.

    Yahoo Finance·• AMZN▼ QQQ▼ SPYAMZNIntelearnings
  • Intel’s Earnings Fallout Is Hitting Your Index Funds Too

    Intel shares fell 28.73% on Friday after its third-quarter report, and the selloff spread to index and sector ETFs holding the stock, such as QQQ and SMH. Intel beat expectations with non-GAAP EPS of $0.52 and revenue of $16.51 billion, but its fourth-quarter outlook of $15.0 billion to $16.0 billion in revenue and $0.25 in non-GAAP EPS, plus expected client revenue declines of more than 20% sequentially, weighed on sentiment. An extended shutdown at its Israel factory is expected to cut fourth-quarter revenue by about $300 million and gross margin by 200 basis points, and the CFO said Intel does not expect positive free cash flow in 2027. The article estimates Intel alone reduced SMH by about 1.48 percentage points and QQQ by about 0.87 percentage points, with Nvidia also a large holding in both funds.

    Yahoo Finance·▼ SPYIntelearningssemiconductors
  • Why Cerebras Stock Dropped Today

    Cerebras Systems shares fell about 6% by 11:20 a.m. ET on Friday, following Intel's earnings report. Intel beat expectations with earnings of $0.52 per share versus $0.40 forecast and $16.5 billion in sales, but guided Q4 earnings to about $0.25 per share and revenue of no more than $16 billion, below the $17.1 billion Wall Street had hoped for. The article notes both Intel and Cerebras are seen as AI stocks, so the health of the AI economy matters to both; Intel's AI-for-data-center revenue rose 78% year over year, but its Q4 guidance implies a drop of more than 50% in profits. Intel CFO David Zinsner said demand for data center and AI products is expected to keep exceeding supply through 2027 and into 2028, while Intel's sales weakness is in PCs, a market Cerebras does not target.

    Yahoo Finance·CerebrasIntelartificial intelligence
  • Top Midday Stories: Intel Shares Plummet After Q3 Revenue Miss, Weak Guidance; Amazon Q3 EPS, Revenue Miss Expectations, Shares Fall

    On Friday, all three major US stock indexes were down in late-morning trading as oil prices rose. Intel shares plunged after its third-quarter revenue missed expectations and its guidance was weak, while Amazon's third-quarter EPS and revenue also missed expectations and its shares fell.

    Yahoo Finance·▼ AMZNAMZNIntelearnings
  • Trump’s Commerce Department’s Intel Stake Fell By More Than $10 Billion In A Day As Stock Craters

    Intel (NASDAQ: INTC) shares fell 28.41% to $65.91 at 10:29 a.m. ET on October 30, 2026, from a $92.07 close on October 29. Third-quarter revenue rose 21% to $16.5 billion and adjusted EPS beat estimates, but fourth-quarter guidance of $15–16 billion in revenue and $0.25 in adjusted EPS fell short of expectations, and Intel projects the PC market shrinking 12% in 2026. The Commerce Department bought 433,323,000 new shares for about $8.9 billion under its August 2025 agreement, and the stake is now worth about $28.56 billion, down about $11.34 billion in one session but still about 3.2 times its cost. The article identifies the foundry unit's $1.85 billion third-quarter operating loss as the weak spot and notes Intel has declined to name its foundry customers.

    Yahoo Finance·Intelsemiconductorsearnings

Related markets

US stocks →

Latest news

  • Deposit certificates prove popular at one bank as its valuable papers balance surges

    Sacombank (STB) added 46,270 billion VND in valuable papers during the third quarter, lifting the balance to 85,546 billion VND as of Sept. 30, mostly from deposit certificates with terms of one to five years. Bonds issued to credit institutions also rose to 25,280 billion VND, with issues this quarter carrying yields of 9.5–10% a year. Rising capital costs outpaced lending income, pushing net interest income down 33.6% to 5,228 billion VND, while risk provisions reached 5,729 billion VND, 5.5 times the year-earlier level. Pre-tax profit for the quarter fell 51.9% to 1,757 billion VND, and nine-month pre-tax profit dropped 46.4% to 5,893 billion VND. Total assets passed 1 million billion VND, up 18.5% in the quarter.

    CafeF·banksinterest ratesbonds
  • Deutsche Bank's AI Dollar Warning Could Hit Bitcoin, Gold, and Stocks

    Deutsche Bank warns that an AI-driven selloff could push US stocks and the dollar lower together. The article also looks at what this scenario could mean for Bitcoin and gold.

    Yahoo Finance·▼ BTC/USDT▲ DXY▼ XAU/USD▼ PAXG/USDTUS dollarbitcoingold
  • King Yuan Electronics advances $1.3B Fort Worth chip testing facility

    King Yuan Electronics, a Taiwanese company, purchased a 27-acre site in Fort Worth for $79 million from an entity tied to ASB Real Estate Investments, a step toward its planned $1.3 billion chip testing plant. According to the Fort Worth Business Journal, the facility is expected to test chips for Nvidia. A Texas filing shows the building, Everman Fort Worth Building 2, will span 507,000 square feet at 273 West Everman Parkway, with construction costs of $300 million and completion listed for August 2027. The company plans to invest at least $1 billion in real property and $300 million in equipment. The article links this project to an AI-driven boom in industrial real estate, noting that the Urban Land Institute and PwC named Dallas-Fort Worth the top market to watch in 2027.

    Yahoo Finance·semiconductorsartificial intelligenceNvidia
  • They Called This Stock a Winner in the AI Coding Boom. A Year Later, It’s Up 94%.

    JFrog (FROG) reported third-quarter 2025 revenue of $136.91 million, above the $128.30 million consensus, and its shares rose more than 25% that day. KeyBanc and Morgan Stanley raised price targets to $71 and $70, while Oppenheimer upgraded the stock to Outperform with a $75 target. Shares then fell sharply in February 2026 amid a software sell-off and stayed below the $47.26 level from February into late April. JFrog has since beaten EPS and revenue estimates in four consecutive reports, with cloud revenue up 53% in the second quarter, and shares trade at $91.02. The article calls the third-quarter guidance of $164 million to $166 million the next test.

    Yahoo Finance·earningsJFrogsoftware
  • Sandisk Sinks 12% Despite Earnings Beat and 8-for-1 Split as Memory Stocks Slide: “It’s Absurd”

    Sandisk (SNDK) reported revenue of $11.0 billion, up 378% from a year earlier and above the $10.7 billion expected, guided second-quarter revenue to $12.2–$12.6 billion, and announced an 8-for-1 stock split. The stock still fell 12% to about $1,167, alongside sharp drops at Intel (down 29%) and Amazon (down 7%) amid concerns about PC demand and AI spending. Gross margin reached 85%, and long-term agreements cover about half of this fiscal year's output, with price floors. The article says the stock trades at 5.8x forward earnings versus an 11x average over the past year, arguing the price reflects a downturn scenario. It adds that the contracts make the worst case harder to reach, though a floor price is not the same as an 85% margin.

    Yahoo Finance·SanDiskmemory chipssemiconductors
  • Amazon (AMZN) Q3 2026 Earnings Call Transcript

    Amazon reported third-quarter revenue of $201.9 billion, up 12% year over year, and operating income rose 61% to $28.1 billion, for an operating margin of 13.9%. AWS net sales reached $46.0 billion, growing 39.3%, with a backlog of $578 billion. The company spent $75.9 billion on capital expenditures in the quarter and guided full-year capex to $220 billion, with meaningful increases expected in 2027. Net income was $20.7 billion, or $1.89 per diluted share, down from $21.2 billion a year earlier, which had included a $9.5 billion pre-tax gain from its Anthropic investment. Management also cited higher fuel and line-haul transportation costs that raised fulfillment expenses during the quarter.

    Yahoo Finance·• AMZNAMZNearningscloud computing

All news →

Get the briefing on Telegram or Zalo

Join the Upside Telegram channel or Zalo group for the Vietnam stocks and gold briefing at 8:00 and 19:00 (Vietnam time) on trading days, plus a weekly wrap on Saturday morning.