US STOCKS-Intel results push Wall Street higher

NewsFeeder

Headline News
Reaction score
3
US STOCKS-Intel results push Wall Street higher

U.S. stock indexes rose on Friday after strong results from Intel added to what has largely been a better-than-expected third-quarter earnings season so far and offset a dour forecast from Amazon.com. Intel Corp jumped 7% and was on course for its best day since January 2018 after issuing an upbeat forecast, helping lift the Philadelphia Semiconductor index. Shares of Amazon.com Inc dropped 2.9% after the e-commerce giant forecast revenue and profit for the crucial holiday quarter below estimates, citing fierce competition.

https://finance.yahoo.com/news/us-stocks-intel-results-push-144730884.html?.tsrc=rss
 
Back
Top