Instant Reaction: Intel and Amazon Earnings

Explore the fallout from Intel's share price decline, driven by disappointing forecasts and dividend cuts. Discover how CEO Pat Gelsinger's cost-cutting strategy aims to navigate economic uncertainties in the semiconductor sector. Snap faces identity issues as its shares plummet, while Amazon's mixed results reveal an unexpectedly strong performance from AWS. Delve into the impact of these tech earnings on the market and shifting investment trends amidst evolving consumer spending dynamics.