Why Intel Stock Pulled Back Today

Intel Lowers Sales Outlook After China Chip Licenses Revoked The chip maker kept its full-year forecast but said it expected revenue to be below the midpoint of the second-quarter range.The Wall Street Journal Uber shares tumble as weaker ride-share demand hurts Q2 forecast (Reuters) -Uber posted a surprise quarterly loss and forecast gross bookings below Wall Street expectations, sending its shares down 9% and putting the ride-share and food delivery company on course to shed more than $10 billion in …