EconomyAfter a brutal sell-off, what comes next for Google, Amazon and other Big Tech giants?
A surge in artificial intelligence revenue failed to protect Intel, Amazon and Google parent Alphabet from a sharp Wall Street sell-off. Their latest quarterly results heightened investor concerns about rising capital spending and delayed returns. Intel fell about 23% in extended trading, Amazon lost 7.3%, and Alphabet dropped 12.6% in the regular session—its worst day on record—helping pull the Nasdaq Composite down 1.4%.
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South China Morning Post★★★☆☆2026-10-30 09:44Original
After a brutal sell-off, what comes next for Google, Amazon and other Big Tech giants?
Economy