4 stocks to watch on Friday: Amazon, Intel and more
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U.S. stocks looked poised for a decline at the start of Friday's trading. An early slide would give back a portion of the sharp gains posted during the previous session, as tech earnings sparked a rally on Wall Street. Here are some stocks to watch on Friday:

Amazon (NASDAQ:AMZN) slumped in premarket trading following its quarterly results. The online retailer beat expectations with its Q1 results but worries about near-term demand for the firm's AWS cloud business weighed on the stock. Shares dipped about 2% before the opening bell.
Intel (INTC) rallied in premarket trading, bolstered by Street-beating financial figures. The semiconductor maker posted a narrower-than-expected loss with revenue that fell less than projected. The company also issued Q2 guidance that suggested that the downturn in PCs was near an end. The stock initially dropped in after-hours trading but rose about 6% in premarket action.
Exxon (XOM) surpassed projections with its Q1 profit, with net income that more than doubled from last year. However, revenue dropped 4% to $86.6B, missing expectations of $3.5B.
Joining XOM, fellow oil major Chevron (CVX) reported a Q1 profit of $3.55 per share, topping projections by $0.14 per share. Revenue declined nearly 7% to $50.8B but still exceeded estimates by $1.3B.


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