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Intel shares plummeted in extended trading on Thursday after the chipmaker issued a weak fourth-quarter forecast, citing continued softness in the global PC market.
We haven't written up this one. Techmeme has the full story — the link below goes straight to it.
Intel projected fourth-quarter revenue of $15 billion to $16 billion, while analysts had expected $17 billion, according to Bloomberg
In trading on Thursday, shares of the VanEck ChiNext Innovators ETF (Symbol: CNXT) entered into oversold territory, changing hands as low as $35.934 per share.
In trading on Thursday, shares of the Direxion Daily CSI 300 China A Share Bull 2X ETF (Symbol: CHAU) entered into oversold territory, changing hands as low as $16.665 per share.
E-commerce giant posts disappointing sales and guidance despite booming cloud unit
The average U.S. household’s equity allocation is at an all-time high, and that doesn’t bode well, according to the ‘Single Greatest Predictor’
The average U.S. household’s equity allocation is at an all-time high, and that doesn’t bode well, according to the ‘Single Greatest Predictor’
