Intel stock sinks after the chip maker announces it will be cutting 15,000 jobs and suspending its dividend, Amazon issues a weak revenue forecast, and sales of Apple’s iPhone fall in the company’s fiscal third quarter. Meanwhile, Exxon Mobil beats profit estimates and Chevron misses forecasts. Read More...
Intel stock sinks after the chip maker announces it will be cutting 15,000 jobs and suspending its dividend, Amazon issues a weak revenue forecast, and sales of Apple’s iPhone fall in the company’s fiscal third quarter. Meanwhile, Exxon Mobil beats profit estimates and Chevron misses forecasts.
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