Amazon, Intel shares plunge after Q3 results miss expectations
Briefing by News4U · First published
Sina Finance reported that Amazon and Intel shares plunged 7% and 25% respectively in pre-market trading after both companies released third-quarter results that missed investor expectations. Amazon posted its second consecutive quarter of negative free cash flow and maintained its 2026 capital expenditure guidance at 220 billion dollars. Intel shares also fell sharply following its earnings release. Investors expressed concerns over the large-scale artificial intelligence investments by major technology companies and whether these expenditures will generate returns. [1]
Sources
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Sina Finance · · Full text