Nasdaq-100 Falls 2% as Amazon and Intel Shares Tumble
US stock futures fell sharply Friday, October 30, as disappointing earnings and outlooks from Amazon and Intel weighed on sentiment. Concerns about Big Tech’s AI spending also pressured technology shares.
US stock futures fell sharply on Friday, October 30, as disappointing earnings and outlooks from technology heavyweights Amazon and Intel weighed on investor sentiment, while concerns over Big Tech's mounting artificial intelligence (AI) spending continued to put pressure on the technology sector.F…