
INTEL EARNINGS COOL AI FRENZY, NEW DATA SHOWS EXCESSIVE CONSUMER SPENDING CONTINUES
By Nigam Arora & Dr. Natasha Arora To gain an edge, this is what you need to know today. AI Frenzy Cools Please click here for a chart of Intel stock (INTC). Note the following: The Morning Capsule is about the big picture, not an individual stock. The chart of INTC is being used to illustrate the point. The chart shows the run up in INTC stock on AI excitement. The chart shows INTC stock made a double top. This is a bearish reversal pattern. The chart shows the gap down on earnings. Intel earnings were slightly better than expected and guidance was worse than expected. Here are the details: Intel reported Q4