To The Moon

Intel just delivered a shockingly bad quarterly print.The company’s stock is trading at its lowest level since 2013.The situation at Intel looks likely to get worse before it gets better.Microchip giant Intel just delivered one of the worst quarterly financial results ever, sending Intel stock plummeting. The company’s share price plunged 26% in one day and registered its worst performance in 50 years. Intel stock is now trading at its lowest level since 2013.The earnings report was so bad that Intel dragged the entire chip sector down with it. Mighty Nvidia fell 2% on the day.With INTC stock now changing hands at $21 a share, some investors might be tempted to buy-the-dip in this beaten down company. But that would be a mistake as the situation with Intel stock is likely to get worse before it gets better.Intel is spending tens of billions of dollars to develop microchip manufacturing plants in the U

Netflix results sent streaming stocks higher. Netflix, Roku, Disney and Spotify climbed between 2% a

Amazon started the internet-retail revolution. Five other companies, including Sea and Coupang, are taking it further. Jeff Bezos has plenty of achievements under his belt, the most recent being his extraterrestrial excursion.But Amazon.com shareholders may not be so impressed. Bipartisan talk of antitrust actions against the e-commerce giant could mean that Amazon’s dominance could begin to face challenges from Washington. That comes as Bezos handed off the CEO role to Andy Jassy earlier this m

Futures mixed. Treasury yields extend gains. Verizon Communications Inc., Johnson & Johnson, Coca-Co

Get ready to buy Snowflake and two other hot tech stocks if this frothy market collapses.