Instant Reaction: Intel Gives Weak Forecast, Shares Slide Afterhours

Instant Reaction: Intel Gives Weak Forecast, Shares Slide Afterhours

Intel gave a lackluster forecast for the current quarter after manufacturing problems hampered a comeback bid, a disappointment for investors who anticipated more of a boost from new products.
First-quarter revenue will be $11.7 billion to $12.7 billion, the company said in a statement Thursday. The midpoint of that range fell short of the $12.6 billion estimated by analysts. The company expects to break even in earnings per share, excluding certain items. Wall Street had projected a profit of 8 cents a share.

Intel is struggling with its manufacturing yields — the percentage of usable chips coming out of its factories — making it harder to fill orders. The once-dominant semiconductor company has spent years trying to restore its technological edge and recover from market share losses, and this is one more setback.

Intel shares fell about 5% in extended trading Thursday following the report.

For instant reaction and analysis, Bloomberg Businessweek Daily hosts Carol Massar and Tim Stenovec speak with Ivan Feinseth, Research Director and Chief Investment Officer at Tigress Financial Partners.

See omnystudio.com/listener for privacy information.

Tämä jakso on lisätty Podme-palveluun avoimen RSS-syötteen kautta eikä se ole Podmen omaa tuotantoa. Siksi jakso saattaa sisältää mainontaa.

Jaksot(3486)

Meta Sees Trillion-Dollar Threat in Social Media Trial

Meta Sees Trillion-Dollar Threat in Social Media Trial

Watch Paul and Scarlet LIVE every day on YouTube: http://bit.ly/3vTiACF. Bloomberg Intelligence hosted by Paul Sweeney and Scarlet Fu -David Kirkpatrick, Founder of Techonomy, discusses the Meta youth...

18 Elo 22min

Family Offices Amass $3.8 Billion SpaceX Bet in Boost for Musk

Family Offices Amass $3.8 Billion SpaceX Bet in Boost for Musk

Watch Paul and Scarlet LIVE every day on YouTube: http://bit.ly/3vTiACF. Bloomberg Intelligence hosted by Paul Sweeney and Stacey Vanek Smith-Yiqin Shen, Bloomberg Equities Reporter, discusses 13F fil...

17 Elo 24min

Bloomberg Money: 'Gold Has Been in Bull Market for 25 Years'

Bloomberg Money: 'Gold Has Been in Bull Market for 25 Years'

Bloomberg Money takes the pulse of your financial life, powered by the reporting of our global newsroom. This week's guests include: Mike Wilson, Morgan Stanley Chief US Equity Strategist/CIO Kristen...

15 Elo 37min

OpenAI’s Revenue Run Rate Tops $40 Billion Ahead of IPO

OpenAI’s Revenue Run Rate Tops $40 Billion Ahead of IPO

Watch Paul and Scarlet LIVE every day on YouTube: http://bit.ly/3vTiACF. Bloomberg Intelligence hosted by Paul Sweeney and Scarlet Fu-Matthew Bloxham, Bloomberg Intelligence Senior and Tech Analyst, d...

14 Elo 21min

Anthropic in Talks to Buy Startup Decart for $6 Billion

Anthropic in Talks to Buy Startup Decart for $6 Billion

Watch Paul and Scarlet LIVE every day on YouTube: http://bit.ly/3vTiACF. Bloomberg Intelligence hosted by Paul Sweeney and Lisa Mateo-Ed Ludlow, Bloomberg Tech Anchor, discusses Anthropic being in tal...

13 Elo 25min

CoreWeave Shares Soar After Booming AI Demand Boosts Outlook

CoreWeave Shares Soar After Booming AI Demand Boosts Outlook

Watch Paul and Scarlet LIVE every day on YouTube: http://bit.ly/3vTiACF. Bloomberg Intelligence hosted by Paul Sweeney and Stacey Vanek Smith-Anurag Rana, Senior Tech Analyst for Bloomberg Intelligenc...

12 Elo 26min

Apollo Inks $2.6 Billion Financing Deal With NY Yankees

Apollo Inks $2.6 Billion Financing Deal With NY Yankees

Watch Paul and Scarlet LIVE every day on YouTube: http://bit.ly/3vTiACF. Bloomberg Intelligence hosted by Paul Sweeney and Alexis Christoforous-- Randall Williams, Bloomberg Business of Sports Reporte...

11 Elo 21min

Intel to Sell $15 Billion in Stock After AI Boosts Demand

Intel to Sell $15 Billion in Stock After AI Boosts Demand

Watch Paul and Scarlet LIVE every day on YouTube: http://bit.ly/3vTiACF. Bloomberg Intelligence hosted by Paul Sweeney and Stacey Vanek Smith-- Matthew Bloxham, Bloomberg Intelligence Senior and Tech ...

10 Elo 22min

Suosittua kategoriassa Liike-elämä ja talous

sijotuskasti
mimmit-sijoittaa
psykopodiaa-podcast
rss-rahapodi
hyva-paha-johtaminen
ostan-asuntoja-podcast
rss-porssipuhetta
sijoituspodi
pomojen-suusta
rss-sami-miettinen-neuvottelija
rss-inderes
rss-karon-grilli
rss-ammattipodcast
rss-laakispodi
rss-hilden-kaira
rss-startup-ministerio
yrittaja
salkunrakentaja-podi
rss-vaikuttavan-opettajan-vierella
rss-bisnesta-bebeja