# Intel and Amazon Earnings Spur Tech Selloff as AI Fears Grow

https://mins.news/en/video/122061

- Bloomberg Television, 2026-10-30 08:14 UTC
- Economy
- Original: https://www.youtube.com/watch?v=wNLVj76UdyI

> 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.

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