Tech Sector Weak Earnings Forecasts
Weak forecasts from major companies like Intel may signal underlying vulnerabilities in the tech sector.
Too little corroboration in the last 3 days to call a trend (2 articles). Watching for it to gain traction.
"Stocks are being undercut by weakness in software stocks amid fears of AI disruption."
"Stocks are being undercut today by weakness in software stocks amid fears of AI disruption."
"The Nasdaq ended lower as heavyweight technology and communications services shares lost ground on nagging fears of disruption by artificial intelligence."
"Analysts warned that if Big Tech’s weakness deepens and job market data continues to falter, the market’s fourth-quarter optimism could quickly evaporate."
"Expectations have built high for them, and they’ll need to deliver to justify their huge gains."
"Intel tumbled more than 10% in premarket trading, dragging the entire chip making sector along with it after issuing a weak first-quarter forecast."
"Intel tumbled more than 10% in premarket trading, dragging the entire chip making sector along with it after issuing a weak first-quarter forecast."
"Intel tumbled more than 10% in premarket trading, dragging the entire chip making sector along with it after issuing a weak first-quarter forecast."
"Intel tumbled more than 10% in premarket trading, dragging the entire chip making sector along with it after issuing a weak first-quarter forecast."