Friday's close: the entire market is watching one number: 64.50.
$INTC If it closes below 64.50 today, it won't just be the “worst since 1974”—it'll be the worst single-day drop in its history as a publicly traded company. It opened down 29% and is now sitting at 65.61, just one step away. Even more surreal, the stock perpetuals on Hyperliquid are down 28% too—the crash has gone global.
The numbers are simple: Q4 guidance of $15–16 billion versus market expectations of $17.1 billion; $400 billion in market value has evaporated since the June peak; the PC winter is expected to last into the first half of 2027, while rising memory prices are forcing customers to cut orders; a factory in Israel exploded in October, and the CFO admitted that $300 million in revenue and 200 basis points of gross margin had been lost. Three blows in a row—things couldn't get much worse.
Things aren't calm next door either: the Nasdaq opened down 2.8%, Nvidia fell 2.5%, Micron dropped 4.4%, and the KOSPI triggered a sidecar intraday. But ExxonMobil is bucking the trend, up 1.5%; oil stocks are rallying across the board, money is flowing into energy, and the AI lounge is emptying out.
Friday closing reminder: Binance deposits and withdrawals are still suspended, the $6.3 billion hole hasn't been plugged, markets are pricing in an 80% chance of a December rate hike, and the odds of a weekend black swan are far from negligible. Don't get carried away near the close.
NFA DYOR
#英特尔 #美股 #比特币 #币安 #Federal Reserve
$INTC If it closes below 64.50 today, it won't just be the “worst since 1974”—it'll be the worst single-day drop in its history as a publicly traded company. It opened down 29% and is now sitting at 65.61, just one step away. Even more surreal, the stock perpetuals on Hyperliquid are down 28% too—the crash has gone global.
The numbers are simple: Q4 guidance of $15–16 billion versus market expectations of $17.1 billion; $400 billion in market value has evaporated since the June peak; the PC winter is expected to last into the first half of 2027, while rising memory prices are forcing customers to cut orders; a factory in Israel exploded in October, and the CFO admitted that $300 million in revenue and 200 basis points of gross margin had been lost. Three blows in a row—things couldn't get much worse.
Things aren't calm next door either: the Nasdaq opened down 2.8%, Nvidia fell 2.5%, Micron dropped 4.4%, and the KOSPI triggered a sidecar intraday. But ExxonMobil is bucking the trend, up 1.5%; oil stocks are rallying across the board, money is flowing into energy, and the AI lounge is emptying out.
Friday closing reminder: Binance deposits and withdrawals are still suspended, the $6.3 billion hole hasn't been plugged, markets are pricing in an 80% chance of a December rate hike, and the odds of a weekend black swan are far from negligible. Don't get carried away near the close.
NFA DYOR
#英特尔 #美股 #比特币 #币安 #Federal Reserve