NVDA Jun 2024 310.000 call
- Yahoo Finance
Intel reports better than expected Q1 earnings, but falls short on revenue outlook. Stock slides more than 5%
Intel reported its Q1 earnings on Thursday, beating analysts' estimates. But a disappointing outlook sent shares sliding.
- Investor's Business Daily
Dow Jones Futures Rise; Microsoft, Google Jump After Market Rally Shows Resilience
Microsoft and Google jumped on earnings late after the market rally attempt showed resilience Wednesday amid Meta's sell-off.
- Reuters
UPDATE 1-Intel forecasts second-quarter revenue below estimates
Intel forecast second-quarter revenue and profit below market estimates on Thursday, as it faces weak demand for its traditional data center and personal computer chips amid efforts to build its contract manufacturing business. Enterprises have prioritized spending on advanced and speedy AI server chips, hurting demand for Intel's central processing units (CPUs), which have been the mainstay chip powering data centers for decades. According to analysts, a surging demand for graphics processing units (GPUs) useful for AI applications has reduced the appetite for CPUs, which are Intel's main product.
