Intel and Ubisoft Shares Plunge as Dollar Weakens and Gold Hits Record
Intel and Ubisoft shares tumbled on Thursday following weak financial forecasts and studio closures while the USA dollar fell below 9 Swedish kronor.Intel shares dropped over 6 percent after predicting lower revenue than expected, while Ubisoft shuttered its Stockholm studio and canceled multiple projects to cut costs.Market volatility further intensified as the EU considered massive tariffs in response to Trump, who is currently suing JP Morgan for 50 billion dollars.
Published:22 Jan