Instant Reaction: Intel and Amazon Earnings

Disappointing earnings have led to Intel's stock decline and a suspended dividend, raising concerns about its CEO's ability to enhance products and retain customers. A tech analyst discusses Intel's cost-cutting and the wider effects of layoffs in the industry. Meanwhile, Snap faces a daunting 22% stock drop due to growth strategy issues, while Amazon's earnings reveal a mixed outlook despite robust performance from AWS. The talk highlights the ripple effects of these trends on consumer spending and investment strategies.