Market Reaction to Intel's Earnings Beat

2 days ago

"Look at Intel. Shares gained after the company delivered a stronger than expected Q3 with both earnings and guidance beating Wall Street estimates up 8%. And if you don't, Decker is an example. The shares tumbled 12% despite delivering a Q2 beat. They beat, but it's a softer full-year guidance. That's the problem. The market is priced for perfection."

The speaker compares Intel's robust earnings and guidance, which led to an 8% gain, against other companies that underperformed despite beats, highlighting market intolerance for anything less than perfection.

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