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Earnings: Intel down, Starbucks sees boost, Amazon up on Prime investment

The earnings parade continues on Wall Street, with Starbucks, Amazon, and Intel among the latest to report their quarterly numbers. Intel has lowered its revenue guidance for the year by $2.5 billion. But Starbucks has jumped after raising its outlook. The company beat on earnings, with same store sales growing by 3% in its all important Chinese market, despite increased competition. Finally, Amazon saw a big earnings beat that has helped to drive the stock higher. The company reported $59.7 billion in sales in Q1, but the big announcement is Amazon’s $800 million investment to give Prime members one-day shipping. Yahoo Finance’s Dan Roberts, Akiko Fujita, and Kristin Myers break down the latest earnings reports with D.A. Davidson Senior Research Analyst Tom Forte.