It so so hard to execute a turnaround after a company has lost as much of its life-force as Intel has.
Former Wall Street Journal-ist Matt Phillips now at Sherwood News, January 22:
The bad outlook offset strong Q4 results.
Intel’s red-hot start to 2026 is hitting a road bump after the chipmaker’s Q1 outlook undershot expectations, sending shares down more than 5% in after-hours trading. The weak guidance offset a strong set of Q4 results, which included top- and bottom-line beats.
Intel Q4 revenue came in at $13.7 billion vs. the $13.44 billion FactSet consensus expectation.
Adjusted earnings per share were $0.15 vs. the $0.08 consensus estimate from FactSet.
However, Intel gave Q1 2026 sales guidance of between $11.7 billion and $12.7 billion ($12.2 billion midpoint) vs. a consensus expectation of $12.57 billion. The company also sees adjusted earnings per share breaking even in Q1, while Wall Street had anticipated $0.08.
The chipmaker is linking the soft outlook to supply constraints, with CFO David Zinsner saying, “We expect our available supply to be at its lowest level in Q1 before improving in Q2 and beyond.”....
....MORE
ZeroHedge has a lengthier dissection but I quit reading halfway through, it's like watching an autopsy on someone you knew and cared about.
In late after-hours action the stock is down 12.67% (-$6.88) at $47.44.
Back to Mr. Phillips, a story from when he was at Quartz before moving to the New York Times:
"Meet the Most Successful Rogue Trader of All Time (JPM; MS)"
with the added outro:
"Matt was also a winner of the prestigious Climateer Line of the Day award in 2010, which line we reprised in June of that year":
MarketBeat's Matt Phillips Does Not Win the 2010 Bulwer-Lytton Contest
Back in May I thought Mr. Phillips was a shoe-in, I mean he won the prestigious Climateer Line O'the Day and everything..Climateer Line of the Day: MarketBeat does Bulwer-Lytton Edition (ACN)
Like the Germans in May 1940, a Five Star, Weekend Special, hit the ATM, lock:
MarketBeat's Matt Phillips has a walk-off home run. Game over.
From their post "Accenture for a Penny: MarketBeat’s Investigation Continues!":
Like a rottweiler on a slightly undercooked leg of lamb, MarketBeat refuses to let go of its probe of the depths of Thursday’s Flash Crash, particularly the momentary trades that priced ostensibly healthy companies such as Accenture at one cent....
That makes "It was a dark and stormy night" read like Blake in comparison...
Bulwer-Lytton.com has announced the 2010 winners. The winner was bad but the runner-up was atrocious:
Through the verdant plains of North Umbria walked Waylon Ogglethorpe and, as he walked, the clouds whispered his name, the birds of the air sang his praises, and the beasts of the fields from smallest to greatest said, "There goes the most noble among men" -- in other words, a typical stroll for a schizophrenic ventriloquist with delusions of grandeur.Better luck next year, Matt.
And don't wait until May to flex those B-L muscles.
Study the master:
"It was a dark and stormy night; the rain fell in torrents--except at occasional intervals, when it was checked by a violent gust of wind which swept up the streets (for it is in London that our scene lies), rattling along the housetops, and fiercely agitating the scanty flame of the lamps that struggled against the darkness." --Edward George Bulwer-Lytton, Paul Clifford (1830)
