book Maths Puzzle Numerical Ability

what is the least commen factor please hurry up

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The problem I'm having trouble with is

If x = –1 and y = 2, what is the value of the expression 2x3(thats cubed) – 3xy ?

I understand how to substiture the numbers in, but
I get this far and then stuck and not sure if its right.

Simply and write answer in positive exponents only

(x^2)^-3 (x^-2) divided by (x^2)^4

My answer
x^-1 times x^-