Intel Margin Warning Shakes Futures

NASDAQ futures were falling on Friday after Intel ($INTC@US) warned that lower profit margins could impact earnings. Additionally, Snap Inc ($SNAP@US) led the charge as social media stocks faltered in the face of privacy updates from Apple ($AAPL@US). Intel stock fell 0.13% in early trading as its CEO made light of supply chain issues that are impacting the bottom line. Across the markets, Facebook ($FB@US) dropped 3.7%, Twitter ($TWTR@US) stumbled 4.1% but Apple rose 0.2%.