Intel shares plunge on poor forecast - News Summed Up

Intel shares plunge on poor forecast


The Intel logo is displayed on a sign in front of Intel headquarters in Santa Clara, California. A conference call with analysts, where Tan said it would take “time and resolve” to turn around the company, sent the shares down further. Backlogs of up to 11 years in the delivery of new aircraft could hinder airlines’ growth in 2026, even as demand for air travel grows, according to Irish leasing company Avolon. The Dublin-based group, one of the world’s top three aircraft leasing businesses, has predicted that low fuel prices and economic growth will push global airline profits to $41 billion (€35 billion) this year. Financial markets are showing signs of stress, with concerns about the rise in stock market valuations based on the AI bubble.


Source: The Irish Times January 23, 2026 17:50 UTC



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