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Post #3401
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🤗 Intel lost $18.8B, but investors are chill
Intel → closed 2024 with a staggering $18.8 billion loss, yet its stock jumped 3.6% after earnings beat expectations.
Q4 revenue hit $14.26B (vs. projected $13.81B), though net losses hit $126M—a sharp drop from last year’s $2.67B profit. Meanwhile, the hunt for a new CEO continues.
@durovs_code
Intel → closed 2024 with a staggering $18.8 billion loss, yet its stock jumped 3.6% after earnings beat expectations.
Q4 revenue hit $14.26B (vs. projected $13.81B), though net losses hit $126M—a sharp drop from last year’s $2.67B profit. Meanwhile, the hunt for a new CEO continues.
@durovs_code
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