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.
This content is AI-generated based on source articles. While we strive for accuracy, errors may occur. We recommend verifying with the original source.
Related Articles
Trump's nominee to lead the Federal Reserve wants structural change — but on interest rates, a collision with the president may be unavoidable. Here's what's at stake for markets, investors, and the dollar.
Tehran called Trump's military threats 'rude' and 'baseless,' invoking America's regional 'humiliation.' Behind the rhetoric lies a high-stakes nuclear negotiation with global consequences.
Trump has threatened to strike Iran's civilian infrastructure if Tehran refuses a nuclear deal by Tuesday night. What's at stake for oil markets, regional security, and the global economy?
Trump's signals toward Iran raise the specter of a prolonged Strait of Hormuz closure. With 20% of global oil supply at stake, here's what it means for energy markets, your wallet, and the world.
Trump's nominee to lead the Federal Reserve wants structural change — but on interest rates, a collision with the president may be unavoidable. Here's what's at stake for markets, investors, and the dollar.
Tehran called Trump's military threats 'rude' and 'baseless,' invoking America's regional 'humiliation.' Behind the rhetoric lies a high-stakes nuclear negotiation with global consequences.
Trump has threatened to strike Iran's civilian infrastructure if Tehran refuses a nuclear deal by Tuesday night. What's at stake for oil markets, regional security, and the global economy?
Trump's signals toward Iran raise the specter of a prolonged Strait of Hormuz closure. With 20% of global oil supply at stake, here's what it means for energy markets, your wallet, and the world.
Thoughts
Share your thoughts on this article
Sign in to join the conversation