Intel's negative earnings surprise caught a few of the newfound bulls to the story by surprise.
Shares of Intel (INTC) are moving lower Friday morning as the company posted its first quarter report, revealing a better-than-expected profit. However, the company posted a lower-than-expected forecast for second-quarter revenue. Yahoo Finance Anchors Brad Smith and Seana Smith discuss how Intel is competing in the chip space and whether Q1 is the bottom of its near-term supply constraints. For more expert insight and the latest market action, click here to watch this full episode of Morning Brief. This post was written by Nicholas Jacobino
Alphabet shares surge after Google’s parent posts better-than-expected earnings and announces its first cash dividend, Microsoft posts 31% quarterly growth in Azure cloud-computing revenue, and Exxon Mobil’s earnings miss estimates.