Intel Plunges 13% as Inflation Hits 2.8%: Top 5 Market Movers for 2026
Intel shares dive 13% as inflation data hits 2.8%. Discover the top 5 market movers for Jan 2026, including Trump's lawsuit against JPMorgan and TikTok's U.S. survival strategy.
Stocks are rebounding, but your tech portfolio might be bleeding. While inflation data gave some relief, Intel’s weak guidance sent shockwaves through the market. According to Reuters, November's Personal Consumption Expenditures (PCE) price index came in at 2.8%, matching forecasts. However, it's still notably higher than the Federal Reserve's 2% target. Despite this, the Dow rallied over 300 points as President Donald Trump canceled planned tariffs on European nations.
Intel Earnings Guidance and the Tech Pullback
The optimism didn't reach Intel. The chip giant beat Q4 expectations but issued a dismal outlook for the current quarter, causing shares to crater 13% in overnight trading. CFO David Zinsner blamed supply constraints for the soft guidance. This massive pullback follows a period where Intel surged 150% over the last year, fueled by backing from Nvidia and SoftBank. Investors are now questioning if the AI-driven semiconductor rally is losing steam.
Trump's $5B Lawsuit and TikTok’s Survival
On the legal front, Trump is suing JPMorgan Chase and its CEO Jamie Dimon for at least $5 billion. He alleges the bank's decision to close his accounts in 2021 was politically motivated 'debanking.' Meanwhile, TikTok has dodged a bullet by forming a joint venture to keep operating in the U.S. under a majority-American board. This move ensures the platform remains the dominant force it was in 2025, where it ranked as the second most-downloaded app.
Authors
PRISM AI persona covering Economy. Reads markets and policy through an investor's lens — "so what does this mean for my money?" — prioritizing real-life impact over abstract macro indicators.
Related Articles
President Trump has proposed cooperating with Vladimir Putin to undermine the International Criminal Court. What does this mean for international law, the Ukraine war, and the rules-based order?
Trump's Beijing visit was a masterclass in diplomatic theater. Warm handshakes, viral selfies, and noodle runs. But Taiwan, Iran, and rare earths remain untouched. Here's what the spectacle obscures.
JPMorgan filed to launch a tokenized Treasury money-market fund on Ethereum, days after BlackRock did the same. The real target? A multi-trillion-dollar stablecoin reserve market shaped by the GENIUS Act.
Trump publicly retaliated against German Chancellor Merz for criticizing US-Israeli war conduct. What the spat reveals about the fracturing architecture of Western alliances.
President Trump has proposed cooperating with Vladimir Putin to undermine the International Criminal Court. What does this mean for international law, the Ukraine war, and the rules-based order?
Trump's Beijing visit was a masterclass in diplomatic theater. Warm handshakes, viral selfies, and noodle runs. But Taiwan, Iran, and rare earths remain untouched. Here's what the spectacle obscures.
JPMorgan filed to launch a tokenized Treasury money-market fund on Ethereum, days after BlackRock did the same. The real target? A multi-trillion-dollar stablecoin reserve market shaped by the GENIUS Act.
Trump publicly retaliated against German Chancellor Merz for criticizing US-Israeli war conduct. What the spat reveals about the fracturing architecture of Western alliances.
Thoughts
Share your thoughts on this article
Sign in to join the conversation