Amazon and Intel's Earnings Shock Send Nasdaq Plummeting, Raising Concerns Over AI Spending

World News

Amazon and Intel's Earnings Shock Send Nasdaq Plummeting, Raising Concerns Over AI Spending

US stock market today: Nasdaq falls over 2%, S&P 500 slides as Amazon, Intel tumble

10/30/2026

US stocks opened sharply lower on Friday, driven by a tech sell-off as disappointing earnings from Amazon and Intel renewed concerns over massive AI spending.

Business Standard

Amazon cash burn, Intel weak PC demand fuel fears over AI spending

10/30/2026

Amazon's heavy AI spending and Intel's weak PC demand outlook rattled technology stocks, raising concerns over mounting infrastructure costs, shrinking cash flows and slowing consumer demand.

CNBC

Amazon slides 7%, Intel plunges 25% as tech pressure mounts after earnings

10/30/2026

Investors are nervous about the massive AI spending from the tech giants and whether that will pay off.

CNBC

Nasdaq-100 futures fall as Amazon and Intel swoon after earnings: Live updates

10/30/2026

Amazon and Intel shares tumbled after the companies posted their latest earnings reports.

Business Standard

Nasdaq hits near three-month low as Amazon, Intel rattle AI trade

10/30/2026

The Nasdaq fell 2.48% as Amazon's rising AI spending and Intel's cash-burn warning triggered a tech selloff, with the two companies facing nearly $200 billion in combined market value losses.

Business Standard

Amazon burns cash, Intel flags weak PC demand as AI boom strains markets

10/30/2026

Surging data-center spending, as highlighted in Amazon's massive cash burn, has turned once debt-light tech giants into major borrowers, while price hikes are squeezing global demand for devices

Coverage dates

First reported: 30 Oct 2026, 02:27 UTC

First saved on ClustZ: 31 Oct 2026, 07:39 UTC

Coverage updated: 31 Oct 2026, 07:39 UTC

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