Intel posted quarterly results that beat expectations but guided the next quarter below consensus, trading down 28.34% at $65.98.
$Nasdaq Composite Index (.IXIC.US)$ opened down 2.26%, and $Vanguard S&P 500 ETF (VOO.US)$ fell 1.14%, as the Intel warning hit the entire AI hardware complex.
Amazon’s report drew a mixed read from Wall Street: AWS ambition is visible, but the advertising outlook is uncertain.
This follows Alphabet’s negative free cash flow shock from the prior session, making AI-capex payback the market’s central question.