Intel to cut 15% of its workforce this year to resize and refocus, amid a loss in the second quarter and lower revenue forecasts.
Amazon's stock dropped over 4% due to sales missing expectations and cautioning about a potential slowdown, despite a rise in profits and revenue.
Snap, owner of Snapchat, faced revenue misses and competition pressure, leading to a 17% drop in shares; challenging larger social media companies for advertising budgets.
Apple saw growth due to increased iPhone demand, offsetting sales decline in China; bucking the trend among leading technology companies in the latest quarter.
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