Markets Brace for 212,000 Jobless Claims as AMD AI Event and Intel Earnings Loom
Updated
Updated · CNBC · Jul 22
Markets Brace for 212,000 Jobless Claims as AMD AI Event and Intel Earnings Loom
3 articles · Updated · CNBC · Jul 22
Summary
212,000 initial jobless claims are the main U.S. data point due Thursday at 8:30 a.m. ET, with Kalshi traders split—30% see a reading above 210,000 and 17% above 215,000.
Thursday’s session also turns on earnings from American Airlines, Blackstone and Lockheed Martin before the bell, then Intel after the close, where options imply a 12% move.
AMD adds another AI catalyst with a San Francisco event, extending a chip-sector focus already sharpened by Alphabet’s heavier capital-spending plans and Tesla’s mixed quarterly results.
Recent stock swings underscore the stakes: AMD is up 82% in three months, Intel 57%, while American Airlines has fallen 21% from its July 2 high and Alphabet is down 16% from May 18.