Intel, Amazon, Nvidia, Snap fell premarket; Apple, Exxon rise
) stock slumped 21% after the chipmaker suspended its dividend and slashed its workforce to fund a costly turnaround for its chip-making business.) stock fell 8.3% after the online retail giant reported slowing online sales growth in the second quarter and said cautious consumers were seeking out cheaper options for purchases.) stock rose 0.6% after the iPhone maker posted better-than-expected third-quarter iPhone sales and forecast more gains betting on AI to attract buyers.) stock fell 3.
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