Tech stocks edged higher late Sunday after a difficult week, when Intel (INTC), Alphabet (GOOGL), Amazon (AMZN) and SanDisk (SNDK) fell sharply on their earnings reports. Investor Dan Niles said Big Tech results clearly reflected AI-related risks, with earnings bringing more bad news than good for tech investors. The Nasdaq Composite fell 1.5% over the week, while GOOGL lost 12.6%, its worst weekly move since 2008. Alphabet missed Search revenue expectations for a second straight quarter, raising AI disintermediation fears, even though search queries hit a five-year high. INTC dropped 28.6% on Friday after its third-quarter report, and Niles said volatility could persist while still seeing opportunities in Big Tech.
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Related tickers and likely impact
AMZN
▲ Likely positiveAmazon
Relevance: medium
| Market | US stocks |
|---|---|
| Sector | Consumer Discretionary |
| Industry | Broadline Retail |
| Market cap | $2.6T |
| Close on 10/30/2026 | 240.47 |
| Change that session | -1.36% |
GOOGL
▲ Likely positiveAlphabet Inc. (Class A)
Relevance: medium
| Market | US stocks |
|---|---|
| Sector | Communication Services |
| Industry | Interactive Media & Services |
| Market cap | $3.5T |
| Close on 10/30/2026 | 279.76 |
| Change that session | -1.43% |
MSFT
• NeutralMicrosoft
Relevance: low
| Market | US stocks |
|---|---|
| Sector | Information Technology |
| Industry | Systems Software |
| Market cap | $3.9T |
| Close on 10/30/2026 | 521.90 |
| Change that session | -1.55% |
NVDA
• NeutralNvidia
Relevance: low
| Market | US stocks |
|---|---|
| Sector | Information Technology |
| Industry | Semiconductors |
| Market cap | $5.1T |
| Close on 10/30/2026 | 204.81 |
| Change that session | -4.14% |
Impact is scored by AI from the headline and may be wrong. It is not investment advice.
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