Nasdaq-100 futures gain 240 pts: Five things to know before Wall Street opens

Impact · against what's priced in

The article provides no material fundamental changes for the semiconductor leaders, as the 'buy the dip' sentiment merely reflects a return to the growth trajectories the market already assumes. Intel's continued weakness confirms the market's existing rejection of its turnaround narrative.

INTC−0.10

Already priced in

The price assumes

a broken long-term outlook

The market's continued skepticism and a ~29% drop following earnings align with the price already accepting a GAAP net loss and negative free cash flow as the baseline.