Nasdaq 100 futures fell 2% to 28,975.0 points, S&P 500 futures dropped 0.8% to 7,690.25 points, while Dow Jones futures edged up 0.04% to 52,533.0 points. The Nasdaq Composite had slid 1.4% in the prior session, with Alphabet losing 12.6% after disappointing earnings and margin pressure from AI spending. Amazon fell 6.7% in after-hours trade, extending a 4.3% decline during the session, after missing revenue and profit estimates and pushing its free cash flow further into negative territory due to heavy AI spending. Intel slumped nearly 23% after hours as a strong third-quarter profit was outweighed by weak fourth-quarter forecasts, and its third-quarter revenue also missed estimates. Investors moved into defensive sectors such as healthcare and utilities, while weak results from Samsung Electronics added to concerns about stretched AI spending.
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Keywords
NasdaqAMZNIntelearningsAI investment
Open a keyword to see other news on the same topic.
Related tickers and likely impact
AMZN
▼ Likely negativeAmazon
Relevance: high
| Market | US stocks |
|---|---|
| Sector | Consumer Discretionary |
| Industry | Broadline Retail |
| Market cap | $2.7T |
| Close on 10/29/2026 | 244.23 |
| Change that session | -4.07% |
QQQ
▼ Likely negativeInvesco QQQ Trust
Relevance: high
| Market | US stocks |
|---|---|
| Sector | ETF |
| Close on 10/29/2026 | 715.33 |
| Change that session | -1.42% |
SPY
▼ Likely negativeSPDR S&P 500 ETF
Relevance: medium
| Market | US stocks |
|---|---|
| Sector | ETF |
| Close on 10/29/2026 | 769.53 |
| Change that session | -0.36% |
Impact is scored by AI from the headline and may be wrong. It is not investment advice.
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