EconomicUnited States·30 Oct 2026
Intel shares fall 25% on weak earnings forecast
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Intel shares experienced a record-breaking intraday decline of approximately 29.7% following a weak fourth-quarter earnings forecast that significantly missed analyst expectations. While the company reported third-quarter revenue of $16.51 billion and beat adjusted earnings estimates at 52 cents per share, it projected fourth-quarter revenue between $15…
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ZeroHedge
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