Wall Street Breakfast

Intel dives on weak results, guidance

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Synopsis

Intel (INTC) crashes as Q2 results, guidance miss expectations; lays off 15% of staff. (00:26) FTC to investigate why grocery prices remain high despite lower costs for retailers. (02:17) Eli Lilly (LLY) CEO says weight loss drug shortage is ending. (03:31)Episode transcripts seekingalpha.com/wsb.Show links: Biggest stock movers today: AMZN, INTC, and moreSnap dives 23% on narrow revenue miss, light earnings outlookUranium stocks plummet as world's top producer hikes production outlookNFL's $4.7B verdict in Sunday Ticket case tossed out by judgeWarren Buffett's Berkshire sells more Bank of America stockSign up for our daily newsletter here and for full access to analyst ratings, stock quant scores, dividend grades, subscribe to Seeking Alpha Premium at seekingalpha.com/subscriptions.