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Intel Leads Earnings Week as Fed Signals Rate Hike

7/20/2026

34 8 Full Breakdown

Summary

Story summary

U.S. companies will report earnings this week, with Intel scheduled for Thursday evening.
Projected EPS figures show Intel at 21 cents on $14.43 billion revenue and other firms targeting $2.73-$4.81 on revenues up to $116.89 billion.
Federal Reserve Chair Kevin Warsh testified on July 16-17, emphasizing price stability as inflation stays above target, while market flows shift from tech to energy and defensive stocks as a July 29 hike looms.

History

Historical Context

After Paul Volcker became Fed chair in August 1979, he raised the federal funds rate from about 11% to a 20% peak by June 1981, lowering inflation from a 13.5% high in 1980 to 6.5% by 1982 and triggering a recession. Today, Fed Governor Kevin Warsh repeats that approach as investors move from tech firms like Intel to energy stocks before the next rate decision.

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Story summary

U.S. companies will report earnings this week, with Intel scheduled for Thursday evening.
Projected EPS figures show Intel at 21 cents on $14.43 billion revenue and other firms targeting $2.73-$4.81 on revenues up to $116.89 billion.
Federal Reserve Chair Kevin Warsh testified on July 16-17, emphasizing price stability as inflation stays above target, while market flows shift from tech to energy and defensive stocks as a July 29 hike looms.

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