Not An Everything Rally: 2024’s Worst S&P 500 Stocks So Far From Boeing To Intel

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Intel News

Boeing,Lululemon,Walgreens

Derek Saul is a New Jersey-based Senior Reporter on Forbes' news team. He graduated in 2021 from Duke University, where he majored in Economics and served as sports editor for The Chronicle, Duke's student newspaper, joining Forbes soon thereafter.

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Biden Vs. Trump 2024 Election Polls: Trump’s Lead Reaches Record High In 2 Prominent Surveys As More Voters Say Biden’s Too OldSeveral notable companies glumly watched the historic stock market run to open 2024 from the sidelines, with returns on investments looking relatively grim for a neighborhood staple, the world’s most valuable yoga pant hawker, the oldest name in semiconductor chips and the U.S.’ largest plane manufacturer.

Intel’s $1.8 billion first-quarter earnings before interest, taxes, depreciation and amortization mark its second-worst Q1 figure dating back to at least 2000, an improvement from last year’s $962 million EBITDA but an 82% decline from Q1 2020’s $10.3 billion; for reference, Nvidia’s spring quarter net earnings grew from $1.1 billion to $17.3 billion from 2020 to 2024.

Get Forbes Breaking News Text Alerts: We’re launching text message alerts so you'll always know the biggest stories shaping the day’s headlines. Text “Alerts” to 335-0739 or sign upTesla lost in the first half, by far the most of any S&P company.

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