FJBANDUK
10-31 03:44

$Intel(INTC)$  holding on was definitely a bad idea. Fundamentals matter and Intel is failing on multiple fronts at the moment. 

$Netflix(NFLX)$  is down but not out surely as content and engagement can be worked on. Holding for now.

$Direxion Daily Semiconductors Bull 3x Shares(SOXL)$  gives hope even at current level as the AI story is far from over

#LessonsFromLosses

Intel's Outlook Craters — Is the PC Slump Getting Worse?
Intel fell 3.62% Thursday, then plunged 23.00% after hours on weak Q4 guidance. Q3 revenue of $16.5B missed estimates, while adjusted EPS of $0.41 slightly beat. Q4 guidance of $15B–$16B revenue and $0.25 EPS trailed forecasts. An Israeli facility accident may cut revenue by $300M and gross margin by 200 basis points. Data-center revenue surged 78%, but PC revenue fell 5%. Across Intel, Dell, HP, and Super Micro, which will first signal PC demand has stabilized?
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Comments

  • tanpp2307
    10-31 10:29
    tanpp2307
    Pump personally quite surprised that the indoor share drop this much due to the slowing down in the PC demands but I would think that things could be fine in the long term. Just my personal opinion.
  • BillionaireN
    16:43
    BillionaireN
    Am with u Intel drop with big loss
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