Intel, Absci, AST SpaceMobile And Other Big Stocks Moving Lower In Friday's Pre-Market Session

Group 1: Intel Corporation - Intel reported a loss for the second quarter, but sales exceeded estimates, with expected third-quarter revenue ranging from $12.6 billion to $13.6 billion, slightly above the estimate of $12.63 billion [2] - The company anticipates a third-quarter loss of 24 cents per share, compared to estimates of a loss of 18 cents per share [2] - Intel's CEO announced plans to reduce the workforce to 75,000 employees by the end of the year through layoffs and attrition [2] Group 2: Market Reactions - Intel shares fell 5.9% to $21.30 in pre-market trading following the earnings report [3] - Other companies also experienced declines in pre-market trading, including Absci Corporation, which declined 13.7% to $3.03 after announcing a public offering of common stock [5] - AST SpaceMobile, Inc. fell 9.2% to $54.56 after announcing a $500 million private offering of convertible senior notes [5]