SQUAWK/NEWS
Account
Theme
Account
Menu
Live News EQUITY FLASH L impact

Amati Fund Manager Says AI Spending Is Weighing on Tech Stocks

Mikhail Zverev said investors still lack answers on returns from AI spending as tech stocks face selling pressure. The excerpt links the ongoing selloff to earnings from Intel and Amazon but is truncated.

SPY
SquawkNews Desk

Related stories

Viatris Commences Tender Offer to Acquire Pacira BioSciences M impact | EQUITY | Oct 30, 2026, 01:03 PM UTC LyondellBasell Reports Higher Third-Quarter Revenue, Warns Middle East Recovery Will Be Slow LyondellBasell reported higher quarterly revenue and said Middle East conditions will likely remain fluid. The body is truncated before details on a potential return to pre-conflic M impact | EQUITY | Oct 30, 2026, 12:59 PM UTC JPMorgan Downgrades Coursera to Neutral, Cuts Target to $5 JPMorgan lowered its price target from $8 to $5. The new target implies 7.3% upside from Coursera’s Oct. 29 close of $4.66. M impact | EQUITY | Oct 30, 2026, 12:56 PM UTC BofA Downgrades Intel to Neutral, Cuts Price Target to $100 BofA lowered its rating on Intel from Buy to Neutral and reduced its price target from $145 to $100. M impact | EQUITY | Oct 30, 2026, 12:33 PM UTC Regeneron Shares Rise More Than 8% Premarket After Q3 Earnings Beat Regeneron reported stronger-than-expected third-quarter earnings, supported by demand for its eye treatments and higher collaboration revenue from Sanofi. Shares gained more than 8 M impact | EQUITY | Oct 30, 2026, 12:31 PM UTC European session market picture: S&P 500 -1.1%, Nasdaq 100 -2.59%; EUR/USD +0.1%, WTI +1.86%, LLOY leads volume European session market picture. US index futures: S and P futures is down 1.1 percent, Nasdaq futures is down 2.59 percent, Dow futures is down 0.1 percent and Russell futures is M impact | EQUITY | Oct 30, 2026, 12:30 PM UTC