Intel's Return to Profitability, Ford's F-150 Recall, and Lower Oil Prices 7/28/23
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Intel is sharply higher this morning after reporting second quarter results that topped estimates. Counterpoint Research's Akshara Bassi breaks down the results. Plus, Ford is pushing back production targets for its electric vehicles and recalling more than 870,000 F-150 trucks in the U.S. Wall Street Journal's Tim Higgins discusses. And, oil prices are lower this morning after briefly trading above $80 for the first time since April. Again Capital's John Kilduff explains the moves.