Intel Gives Dour Forecast; CEO Says Third Quarter Is ‘Bottom’

(Bloomberg) — Intel Corp. Chief Executive Officer Pat Gelsinger slashed sales and profit forecasts for the rest of the year, conceding that the struggling chipmaker needs more time to make its p...

Amazon Stock: A Dour Q1 Earnings Report Undermines AMZN Outlook

For years Amazon seemed invincible, an e-commerce behemoth that made other companies shiver and their stocks crumble when it muscled into their markets. It helped Amazon stock soar into four-digit ter...