EconomyIntel and Amazon Earnings Spur Tech Selloff as AI Fears Grow

Name: Intel and Amazon Earnings Spur Tech Selloff as AI Fears Grow
Uploaded: 2026-10-30T08:14:00.000Z
Description: Tech stocks fell for a second straight day as investors accelerated their retreat from AI trades after Amazon and Intel earnings raised fresh concerns about capital spending. Separately, Binance said a hack affected $6.3 billion in funds, with $3 billion in crypto frozen, in what was described as the industry's largest-ever hack.

Tech stocks fell for a second straight day as investors accelerated their retreat from AI trades after Amazon and Intel earnings raised fresh concerns about capital spending. Separately, Binance said a hack affected $6.3 billion in funds, with $3 billion in crypto frozen, in what was described as the industry's largest-ever hack.

Bloomberg Television 2026-10-30 08:14