Intel is a Mess‼️Market correction again 🥹
Another bloody red day especially the AI sector that dragged down by 18% drop of $Arm Holdings(ARM.US$ , 9% drop from $Qualcomm(QCOM.US$ , to be honest, their Earning is not that bad, just the future forecast is a bit conservative but it is okay, the market drop was not really caused by these 2 stocks, it is the general market that wanted to drop to release certain risk before the release of earning report from $Apple(AAPL.US$ and $Amazon(AMZN.US$. Also, there is another story to be discussed about tomorrow which is the non-farm payroll data which can affect the upcoming whether the Interest Rate shall be cut in September or not‼️
$Intel(INTC.US$ just released their Earning Report and it is a complete Disaster!! Everything missed expectation…Revenue/Earning/Guidance all missed estimates, cut 15% labor, suspend dividend, bla bla bla..This CEO really has no clue at all🤦 but Intel incident won’t really affect $NVIDIA(NVDA.US$ at all. In fact, it shows stronger remains stronger… weaker remains weaker 😝
By the way, the below meme video was taken to show what’s happening in the current market right now🤣🤣
Disclaimer: Community is offered by Moomoo Technologies Inc. and is for educational purposes only.
Read more
Comment
Sign in to post a comment
‼️ Swing Trade + Long Term Holding‼️
NVDA & TESLA 🟰 ❤️
AMD & APPLE 🟰💙
🔥 Bitcoin 🔥
163Followers
5Following
614Visitors
Follow
Silverbat : MU probably is the next to watch after Intel.
102184796 Silverbat : MU's performance will not be bad. The main reason is that he currently has no strong opponents. The point is that his financial guidance is the key