# Amazon drops 7%, Intel plunges 25% in premarket trading as earnings pressure mounts

https://mins.news/en/item/122070

- CNBC, 2026-10-30 08:32 UTC
- Economy
- Original: https://www.cnbc.com/2026/10/30/amazon-intel-earnings-big-tech-ai-spending-concerns.html

> Amazon shares fell 7% and Intel plunged 25% in premarket trading. Investors are uneasy about whether massive AI spending by tech giants will pay off.

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- [US tech stocks set to fall as earnings stoke AI spending concerns](https://mins.news/en/item/120211) — Financial Times, 2026-10-29
