Amazon falls 7%, Intel plunges 25% in premarket trading, as pressure mounts after earnings
CNBC Technologyen

Investors are nervous about the massive AI spending from the tech giants and whether that will pay off.
This is a short summary published by AI Global Wire. The full article is owned and hosted by CNBC Technology — open it there to read it in full.
Read the full story at CNBC TechnologyRelated AI news
- AI hyperscalers are expected to finish the year spending a whopping $828 billion on capexAI Earnings (Google News) · October 30, 2026
- Microsoft plans to raise $25 billion in debt as it pursues AI buildoutCNBC Technology · October 30, 2026
- Why Intel’s stock is sinking toward its worst drop in two yearsMarketWatch Tech · October 29, 2026
- Intel stock plunges 21% as chipmaker blames PC slowdown for weak guidanceCNBC Technology · October 29, 2026
- Intel stock plunges 16% as chipmaker blames PC slowdown for weak guidanceCNBC Technology · October 29, 2026
- Amazon AWS posts 39% revenue growth as cloud rivals also accelerateCNBC Technology · October 29, 2026