Intel Stock Drops Amidst Weak Forecast; Yen Volatility Surges - News Directory 3

Intel Stock Drops Amidst Weak Forecast; Yen Volatility Surges

January 23, 2026 Victoria Sterling Business
News Context
At a glance
  • Intel shares fell sharply in premarket trading Friday after CEO ⁢Lip-Bu Tan issued a weak forecast and cited ongoing manufacturing challenges.
  • The bank of Japan⁢ maintained its overnight call rate at 0.75%.
  • Bloomberg's "Opening Trade"​ program, hosted by Anna edwards, Guy Johnson, and Tom ⁤Mackenzie,⁣ provides European market analysis and commentary.
Original source: bloomberg.com

Intel shares fell sharply in premarket trading Friday after CEO ⁢Lip-Bu Tan issued a weak forecast and cited ongoing manufacturing challenges. The stock ​was down over⁢ 5% as of 8:30 AM EST.

The bank of Japan⁢ maintained its overnight call rate at 0.75%. The yen subsequently‍ weakened against ​the dollar. Following ​a rapid decline of over 150 ‍pips, a Japanese finance ministry official declined to confirm or deny government​ intervention in currency markets.

Bloomberg’s “Opening Trade”​ program, hosted by Anna edwards, Guy Johnson, and Tom ⁤Mackenzie,⁣ provides European market analysis and commentary. Listen here.