Business & Economy · 4 views
Amazon falls 7%, Intel plunges 25% in premarket trading, as pressure mounts after earnings
Amazon and Intel shares were down in premarket trading on Friday after they reported September quarter numbers that disappointed investors, dragging Nasdaq futures down 2% and capping off a week of rough tech earnings.
AI Summary
Amazon and Intel fell in premarket trading on Friday after their September quarter results disappointed investors. Amazon missed both revenue and earnings estimates while keeping its 2026 capital‑expenditure forecast at $220 billion. The company also posted negative free cash flow for the second straight quarter, a larger shortfall than the prior period. Intel’s shares plunged 25% in the same session. Nasdaq futures dropped about 2%, reflecting the broader tech earnings slump.
AI summaries can be wrong sometimes—always verify important details using the source article.
How AI & Automation are usedMore from Business & Economy
Continue reading recent Business & Economy coverage
- The U.S. expected 17,000 disputes a year when it passed this medical bills law. It gets over 2 million insteadContinue reading
- America’s not actually polarized. It can agree on Mr. Beast — and Joe RoganContinue reading
- As bosses push workers to use AI, a Kentucky man found a way to opt out: a federal law protecting religious beliefsContinue reading
- AI-controlled .50-cal gun turrets are becoming a reality of warContinue reading
Support HappeningNow
Independent AI-powered news analysis is reader-supported. Your contribution helps cover infrastructure, summaries, and continued platform development.
Support HappeningNow