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Intel Soars, Target Cuts Jobs as CPI Looms

10/26/2025

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Intel Soars, Target Cuts

Stock futures moved little ahead of the September CPI, with Dow futures down slightly and Nasdaq futures up.
Intel Corporation shares surged 7% after exceeding sales estimates.
Target Corporation announced an 8% workforce reduction, its first major layoffs in ten years.
Investors await the September CPI, which could influence the Federal Reserve's plan to cut rates next week.
Analysts warn the ongoing government shutdown adds uncertainty to economic data.

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Market Rallies, Earnings Await

The stock market rallied as the Dow Jones, S&P 500, and Nasdaq hit record highs.
This week features earnings reports from Apple, Microsoft, and Amazon.
The Federal Reserve is expected to cut interest rates by a quarter-point, with possible quantitative tightening.
U.S. President Donald Trump is to meet Xi Jinping at the APEC forum amid ongoing trade tensions.
Investors are hopeful for a trade deal following recent discussions.

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Intel Soars, Target Cuts

Stock futures moved little ahead of the September CPI, with Dow futures down slightly and Nasdaq futures up.
Intel Corporation shares surged 7% after exceeding sales estimates.
Target Corporation announced an 8% workforce reduction, its first major layoffs in ten years.
Investors await the September CPI, which could influence the Federal Reserve's plan to cut rates next week.
Analysts warn the ongoing government shutdown adds uncertainty to economic data.

1 / 2