Story perspectives

Intel Beats Estimates, Shares Drop; Verizon Outlook Rises

7/24/2026

Summary

Story summary

Intel forecast quarterly profit and revenue above Wall Street estimates, causing its shares to fall 3.8% after the report.
Verizon lifted its annual outlook for adjusted profit and free-cash flow, sending the stock up 2.8% on the day.
Real-estate sector rose 2.3%, leading the benchmark index as information-technology stocks pulled gains lower.
U.S. services-sector activity accelerated in July, while manufacturing growth slowed to its weakest pace since March.

History

Historical Context

The dot-com bubble burst, which forced Nasdaq Europe to close in 2003, exposed earnings shocks at early-listed tech firms such as Intel and other Nasdaq-listed companies. By 1991 Nasdaq handled roughly 46% of U.S. trading volume, a share that amplified the broader market’s sensitivity to guidance and foreshadowed later significant credit tightening.

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Story summary

Intel forecast quarterly profit and revenue above Wall Street estimates, causing its shares to fall 3.8% after the report.
Verizon lifted its annual outlook for adjusted profit and free-cash flow, sending the stock up 2.8% on the day.
Real-estate sector rose 2.3%, leading the benchmark index as information-technology stocks pulled gains lower.
U.S. services-sector activity accelerated in July, while manufacturing growth slowed to its weakest pace since March.

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